English 102 - Spring 2009

Green shares the story of Roy Kobert and John Ninfo a bankruptcy attorney and bankruptcy judge who both volunteer their time teaching kids the importance of financial literacy. With the economy plummeting out of control both men have decided to be advocates for teaching financial literacy to children and young adults. Both men have seen the devastating effect that financial literacy ignorance has caused on the economy and individuals. They fear that if creditors can lure the youth into debt, our countries youth future is in jeopardy. Their goal is to stop the madness before it starts through education intervention. The article also talks about several different programs promoting financial literacy that have been implemented in different states across the country.

Credit card companies have historically been "out to get people" since their invention in the 1960's. It is obvious that credit card companies purposely exploit people who are now knowledgable of credit cards for their own gain. Credit card dept constitutes a large percentage of the dept in the United States. Credit Card companies need to be forced to require more information and educate their customers about their credit cards before they distribute them.

Ian B. Davidson discusses the importance of financial literacy and how American society has gradually shifted from a "save now, buy later society" into a "buy now, save later society." He discusses the accelerating rate of bankruptcies as well as family breakups and growing welfare in the U.S. Davidson discusses a program that he sponsors at Montana State University that allows students to manage a $50,000 portfolio. The effectiveness of this program speaks for itself because its returns are continually much higher than the average Dow Jones returns.

Originally got this from ERIC http://rave.ohiolink.edu/databases/record/eric/EJ803509

The author addresses the importance of opening up the lines of communication between parents and their children. Children learn by example and it is important to help children understand the importance of why decisions are made in a household as well as differentiate the difference between want and need. If parents act responsibly with money, their children can learn from their actions. The article encourages parents to teach their children that money is a resource, a gift but not an end to a means. It drives home the fact the money alone does not buy happiness. Cross encourages stewardship and that realization that money is a way to share the benefits of life with people who have less.

Palmer discusses the positive impact that her mother's financial advise made on her life. In addition the article also references a study that suggests that Parents that teach their kids about the positive impact that money management can have on their lives can help them made better informed decisions as adults. Many parents lack the knowledge of financial literacy themselves and therefore their children grow up knowing very little about the importance financial literacy. The lack of financial literacy knowledge among the youth has caused unease and has inspired new programs designed to help parents teach their children.

A study shows that a parents literacy affects their involvement in their child's school. The parents that have a high literacy level are twice as like to be invovled than parents with a lower literacy level. This article really shows the affects parents have on their kid's education.

Article from Kansas City Gazette. Describes a bill proposal to increase financial knowledge in the US. The problem specifically lies with young adults and college students. It provides statistics as well as some startling facts to the problems with credit card debt and financial literacy.

A study done on debt with college students. The article includes statistics. The statistics agknowledge the ongoing financial problem especially with young people. The statistics can be confusing but it is an interesting and valuable article.

The Article describes jumpstart; a non profit program that provides financial lessons to students and young adults. It acknowledges the serious problems of financial literacy in the US. Jumpstart is a program within most US states and it seems like a very productive and positive enterprise.

Children's literacy is very important and can even predict a child's academic success at a young age. There are educational programs, like Head Start, to help children learn literacy skills before they go to kintergarten. Kids that have a knowledge of the letters and how they sound are able to be much better writers.

Money management tips for college students from the american institute of accountants. Basic strategy and tips directly meant for students to use while in college. Fairly good and interesting article.

The article discusses financial-literacy programs at universities and colleges in the United States. Programs like Texas Tech University's help its students master the basics of budgeting, saving, and not buying what they can't afford. These programs are especially important as colleges grapple with rising costs and an economic downturn in the country. The author states that financial literacy affects student retention, productivity, and mental health, and may also generate good will in a time when colleges are being criticized for repeatedly raising tuition, fees, and housing costs. (From the EBSCO abstract.)

The article focuses on the problem of college debt and knowledge about financial terms. It also goes into discussion of what some universities are doing to help this problem by offering classes/seminars. Valuable article.

A brief article on the importance of understanding credit cards and credit card debt. focuses on a student testomonial. Provides explanation of credit card terms.

This article is about how when parents increase their involvment in their child's school, this creates a better relationship between the student and teacher. With this new relationship also bring better literacy and math skills for the student. The students change their attitude about school and actually want to go. This is why it important for low income families to get involved in the schools.

This article is about how to develp fluent readers. You need to teach how to read and write very early on. In order to do this the right way, a teacher should use Eli. Eli stands for Early Literacy Initiative. In the program you teach the early childhood level skills to preschoolers. You teach them early on because they can improve thier skills are they grow older.