One of my pet peeves is the lack of financial education in our schools. Few of us are taught even the basics of personal finance. We learn algebraic equations and how to measure the square foot of a space, but not about how to balance a checkbook or set up a budget. The “when will I ever use this” question from my kids struggling through their math homework leaves me shaking my head and wishing I could offer a good answer. “It will come in handy one day,” I assure them without really feeling assured.
Without a good foundation in financial education, our understanding and practical relationship with money is more often formed through what we learn from our families, culture and experiences. For example, “Money doesn’t grow on trees” was a common saying in our household. “That’s too expensive” was another one. Money was a source of worry and therefore, something to worry about.
As an adult and a parent, I have an even greater appreciation for the consequences of being financially illiterate, beholden to beliefs that keep us from having a healthy relationship to money and serious matters of overspending and under earning. We are a nation where student loan debt is surpassing credit card debt. We are a nation where our children are not able to afford what we could at their age. We are a nation where money wields power and yet many feel powerless.
This is why I am starting a course called “Pizza Money” aimed at young adults. The goal is to help them understand basic principles and practical strategies for budgeting, credit and debt management, and behaviors that can help or hinder our ability to live healthy and whole lives.
If interested, please contact me directly or sign up for the first pilot starting in January, 2016.