Group items tagged

Kozup and Hogarth discuss the necessity of consumer warning labels on financial matters such as credit cards, mortgage, and mutual funds. They successfully make the analogy of indebtedness to obesity, and our financial state, like our health, can be helped by reading the labels on what they are consuming. The authors describe financial literacy partially as an ability to weigh the pros and cons of financial options available to them, as well as familiarity with the macroeconomic conditions of their environment. The authors also talk about third party financial intermediaries, and the role of policy in consumer saving. The authors offer a great variety of solutions to the problem of financial literacy, and the analogies make it very easy for the reader to understand and learn about the responsibility of financial literacy. Also, the rhetorical questioning involves the reader and implores them to form their own opinion.

Paula Bone discusses the relationship between several aspects of the mortgage process. She discusses that the more well informed the consumer is, the more likely he/she will have a better relationship with the mortgage company, and become more satisfied with their purchase. Also, she discusses the other side of the transaction. The more likely a mortgage company is to engage in immoral practices, the more dissatisfied the consumer will be with their loan. This is an interesting way to look at the mortgage crisis. It correlates to my point of the need for financial literacy in high schools. If people were more cognizant about their mortgages, they would be more likely to catch a mistake and be happier with their loans.

A film available on OhioLINK. TV and radio commercials, Web sites and banner ads, magazine ads, pop songs, photos, and even news articles and textbooks: all of them are sending messages to influence the reader/viewer/listener. How do they grab the attention? What are they selling-a product or service? a lifestyle? an ideology?-and why? Would a different media consumer interpret the message differently? This program raises more questions than it answers, which is the whole point: to prompt students to question, question, question the messages they are bombarded with daily. Savvy media consumers aren't born; they're made, and this program is an excellent tool for shaping the classroom dialogue. (35 minutes)

A film available on OhioLINK. TV and radio commercials, Web sites and banner ads, magazine ads, pop songs, photos, and even news articles and textbooks: all of them are sending messages to influence the reader/viewer/listener. How do they grab the attention? What are they selling-a product or service? a lifestyle? an ideology?-and why? Would a different media consumer interpret the message differently? This program raises more questions than it answers, which is the whole point: to prompt students to question, question, question the messages they are bombarded with daily. Savvy media consumers aren't born; they're made, and this program is an excellent tool for shaping the classroom dialogue. (35 minutes)

This source talks about the traffic light labeling used int he UK and Australia. This source is very crucial to my research because it explains the traffic light labeling and that is a large part of my paper. Also it gets consumer reactions to the system and that will be essential to my paper as well. http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=34776317&site=ehost-live

In this article, Pickard and Reichelt discuss the alternative to Financial Literacy classes in high school, online courses for students and adults on personal finance. This study offers that online courses are very useful tool in gaining financial literacy. The article discusses the state of our financial literacy in the context of family finances. Pickard and Reichelt also give valuable statistics on financial literacy in regard to important demographics such as race and income level. The authors connect the issues with personal finance with the macroeconomic issues, which is very helpful for the reader.

This article deals with substance use among high school students. This sample is used to foreshadow the future college environment. The study shows that alcohol is the most substance consumed by adolescents. Moreover, it explains that white people tend to be heavier drinker compared to others. It also describes the negative effects drinkers believe alcohol has on their school work, family and peer relationships. Although this study deals with high school students, but the latter will soon constitute the new college generation. Therefore, this article helps us understand the drinking background of college students.

This article describes the results of the Federal Reserve Financial Literacy Test on high school seniors. It explains that the results of the most recent test are the worst in the history of the test. The article does a great job linking the poor results with the current mortgage crisis, and expresses the importance of financial literacy in consumers today. The article is very useful in providing concrete data on the state of our country's financial literacy.

This article talks about fast food and its impact on this generation. It involves McDonald's legal battles with people becoming obese. This article has insite the obesity issue, that will be helpful to my paper. The outlook had good percentages to age to college kids consuming fast food.

This experiment was a survey given to random shoppers. The article concluded, as many, that there was no conslusive evidence of anything basically. Level of reading labels again varied but the source's backgroung may be useful to my paper. http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=35436363&site=ehost-live

Todd and Variyum research the use of nutritional labels. This study finds that numbers have gone done from 1995 to 2006, in how many people read the nutritional facts labels on foods. They concluded that the majority of this decrease was from people 30 and younger. This source was very valid becuase it comes from the USDA (United States Department of Agriculture) and has reputable sources.

This article, available in PDF format through EBSCO, discusses the problem of "financial aliteracy." Most Americans have limited knowledge of strategies for saving and investing. This is a timely topic, given the current problems on Wall Street.

This article, available in PDF format through EBSCO, discusses the problem of "financial aliteracy." Most Americans have limited knowledge of strategies for saving and investing. This is a timely topic, given the current problems on Wall Street.