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Learning Financial Responsibility Evolves in Each Life Stage

Thinking about sound financial management is something an individual can think about at just about any age. Most individuals really think about it as they start thinking about retirement plans. Couples begin making strong financial decisions when they are making big financial decisions such as buying their first home, starting a family, or sending a child off to college. Young adults are starting to feel the burden of monetary pressures earlier in life, struggling with student and credit card debt because they have not been properly educated in the ever changing world of economic decision making.

Children who have been guided with any personal finance lesson plans starting at a young age, and who have the opportunity to exercise responsible decision making, are more likely to make more sound choices as adults helping to secure a more stable life. It really comes down to two factors- one is more psychological, one is more logical. Psychologically, adults can work with children on financial lesson plans that help to work with what money really is and the difference between a want and a need. Logically, it comes down to choices and opportunistic costs.

Learning to control emotional spending and delay instant gratification is a hard lesson for young children. If you know an adult who just can’t say no to that new toy or pair of shoes even though they are swimming in debt, they are most likely emotional spenders and let their feelings control their spending. Finding lesson plans that help children understand what money is, and the difference between a want and a need- and learning to delay the purchase of a want is essential. If they can master this, they will be able to master skills such as saving money later on in life. They will also be able to prioritize later on in life.

Making the right choices is a financial lesson plan that can be started young, but may take the post–college years to the mid-college years for financial lesson plans to really take place. Personal finance is something that a personal really never stops learning. It is all about decision making. Making the right choices and weighing costs and risks is evolving, and is based on where a person is in life and what the economic climate is like on the outside during the time the choice needs to be made. However, learning how to make choices and weigh decisions is a skill that can be taught from day one. Impulsivity can be curbed, but learning how to develop insight and to research options comes with education and experience.

In each stage of life, personal finance is a concept that is ever-evolving. Many of us wish by the time we retire that we could turn back the hands of time and make better decisions, but that isn’t an option that we are afforded. However, we can provide that option to future generations by teaching them about financial responsibility with real-life lesson planning and application to remove the emotional attachment to money and to apply logical decision making to choices revolving around opportunistic costs.…

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How a Conducive Learning Environment Plays a Big Role

There are many methods to heighten ones learning capacity whether it be memorization techniques or even listening to Mozart music in order to enhance spatial reasoning, and to supplement analytical creativity; however, environmental factors also play an enormous role in the development and effectiveness of an efficient student. That is why books and school supplies play a crucial part in the life of a student’s educational aspiration. You see, there are several positive psychological benefits that one can obtain based on the perception of his environment and being able to use the available resources around him. For example, having a bookshelf with an array of various books or a cabinet complete with school supplies creates a sense of preparedness, motivation and self-confidence to utilize these resources to tackle school work or any other work attributed to any specific attainment. This positive environmental effect is applicable anywhere, whether it be in a classroom, or whether it be in the comfort of your home.

Currently, there are educational institutions that lack funding for books and school supplies because our government would rather fund unimportant things, for example according to the Commerical Observer  in a span of 15 years, the U.S. government frivolously spent $5.25 million on hair care services for the U.S. Senate. In addition, according to Reader’s Digest the pentagon spent a staggering $28 million in order to have lush green prints on military clothing for Afghan national army uniforms. The environment in Afghan is such that these printed colors would not have made any difference at all camouflaging themselves against the adversary making this another very unwise decision to spend an enormous amount of money just for uniforms that don’t even serve an effective purpose. It is apparent that with this kind of frivolous spending that things like Classroom Management Materials is brushed off aside just to give way for these tactless budget plans that rob students from receiving a proper education.

It is said: “The future belongs to those who prepare for it.” But how can we prepare for the future if our schools and educational institutions do not have the necessary means and resources to aid us in this endeavor. We must reevaluate our priorities as a leading nation. If we are to truly to remain a “leading nation” we must devise and execute smarter choices in terms of our budget and forsake frivolous spending once and for all.

Regarding books, some may even argue why do we still even need them when we have the internet where information and resources are replete. We can easily refer to the information therein. But the fact of the matter is that a lot of information on the internet are not credible sources as opposed to data gathered from books. This is not at all to discredit the wonderful convenience of the web because there are indeed credible sources found there, but it is not the same, and we must be extra careful retrieving information on the web because it may be fake. I would personally refer to a more reliable source for the sake of solid credibility and a more profound way of learning. With all these forgoing evidential supports, I feel a sense of conviction to be able to get this message across. We need to pay attention to what our society really needs, and we need to abandon what is obviously not of any significance to the progression of our nation and its people. We must redirect our governments funding towards worthy causes.…