Beyond Personal Finance
Beyond Personal Finance by Charla McKinley is a comprehensive high school program. She designed the course to give young adults a thorough understanding of money, budgeting and stewardship before they graduate from high school. The author, Charla McKinley, describes this course as a smash-up of Dave Ramsey and the Game of Life.
Designed for High School
While the Dave Ramsey course is excellent, it is really designed for adults who are in financial trouble and need a way out of that trouble.
Most high school kids have a difficult time understanding what that could look like. Money is, after all, something most of them don’t have much of, think much about or struggle with. A benefit of Middle-class America is that our kids have their needs met and a good portion of their wants provided for, too. As a result, most teens have an abstract rather than concrete understanding of money. As one of the students in my high school class said, “Bills? I don’t have any.”
And that is exactly why Charla wrote this course. To give kids an idea of what kind of money questions and issues they will face as young adults and how to plan for, manage and think about the monkey wrenches that life continually throws in the way of all everyone out there “adulting.”
Lessons Included in the Course
This program consists of lessons in the following:
- College and Careers
- Car Purchase Apartment Rental
- Spouse Selection
- Credit Cards and Interest
- Baby & Payroll
- House Purchase
- School Choice
- Business Basics
- Layoffs and Reconciliations
- Income Tax
- The Dangers of Divorce
As you can see, Charla does not hold back. She addresses head-on difficult issues like layoffs and divorce. And while everyone says it won’t happen to them, the statistics say that 43% of American workers will be laid off at least once during their working years and 42-45% of all first-time marriages will end in divorce (and that number rises to 60% for second marriages). Monkey wrenches mess up even the best plans and these are life skills that will prepare our young people to overcome some of those obstacles.
Having Fun While Thinking of the Future
Think of this as a High School Cost of Living Project on steroids. One thing I love about this program is that there is vocabulary included in each chapter. Kids get a great overview of things like withholding tax, deferment, and depreciation. This course is meaty but not boring. Each chapter includes information and goofy videos like Identity Theft, that keep everyone laughing as they tackle serious stuff.
The Teacher’s manual is thorough and includes key terms, answer keys, charts and all the information needed to utilize this program in a class or co-op. Not all of the pages in the teacher’s manual are numbered, however, which makes it hard to track. I went through and tabbed sections for easier use. In my perfect world, I would have loved chapter objectives and a more structured, traditional Teacher’s Manual. This one has so much information, it can be overwhelming. But the value of the program makes it worth taking the time to tab each chapter and highlight the information you want to cover for each class period.
I’ve had several of my kids work through a COLA before and facilitated others students as well, and Beyond Personal Finance is the most comprehensive program that I’ve seen that gives kids real-world information that relates to where they’re at in life- as young adults about to embark on a great adventure.
It’s is a fantastic preparatory program- perfect for homeschools, co-ops, class COLA days or UMS programs! We’ll be utilizing this program with our True North Homeschool Academy online Orienteering class!
Students who are seniors and have completed the BPF program are also eligible to apply for their $1000 Scholarship Program. Visit the website to get all the details and requirements. The deadline to apply for that is no later than May 1st. Follow them on social media for updates on the program. If your high schooler needs more career exploration, check out our Young Professional Series of e-books.
One of the services that we provide through True North Academic Advising is career and life coaching. Kids often have a big idea of what they want in life but don’t have the experience get them there in an expedient and cost-effective way.
In addition to our Academic Advising, you might want to check out our Orienteering course. We use Cheri Frame’s Career Exploration Guide as the spine for this dynamic, interactive live on-line course!
Why does Career Exploration matter to high school students?
Career Exploration, as Cheri explains:
- Increases students awareness of career options
- Helps students see how they fit into the working world
- Encourages students to plan high school courses based on their future goals
- Improves academic performances
- Saves time and money by pursuing a defined goal
- Introduces students to employment skills valued by all employers
The Career Exploration and preparation course guide consists of 2 parts.
Career Exploration & Prep Course Part 1:
This section is designed to allow the student to get to know themselves better and gain a clearer understanding of their vocational interests. This section also helps the student confirm their interests through various activities.
Part 1 Overview – Career Exploration: Choosing a Best Fit
- Keys to your future
- Your Vocational Profiles
- Occupational Profiles
- Informational Interviews
- Final Review
Part 1 is designed to be used in homeschools or co-op settings. Cheri includes many web-links and resources right at the beginning of the guide to get you started on the road to understanding your student. Some examples include Learning Styles, Motivation Triggers, Grit Scales, Business Essentials, to name a few.
Career Exploration & Prep Course Part 2:
In part 2, students are guided through a capstone project in their career area of interest. This section will allow students to define and hone skills relevant to the career areas that they have selected in Section 1.
Part 2 Overview – Career Preparation: Skill Smart
- Capstone Projects
- Skill Smart
- Professional Portfolio
Students are also encouraged to read a biography of their choice as well as “Start Here” and “How to Win Friends and Influence People.”
The Guide consists of reading, assignments, and projects. Students should plan on 3-4 hours per week to complete the lessons, reading, and longer-term projects. Students should prepare to partner with their parents or a cohort, such as our Orienteering course will provide, to make the most of this course.
So what do I love about this program?
I love how this program starts off right by encouraging students to seek and find a team of mature mentors that they can learn and grow from. It is an excellent exercise in seeking out Godly leaders who can speak into their lives.
Additionally, there is a fantastic Bible Study right out of the shoot that sets up the Biblical basis for work. Conscientious, hard workers are in high demand these days. Cheri guides the kids through a Bible study on this and lays such an excellent foundation for the joy, responsibility, and God-given inspiration for work. Directly following, there is a study on family and cultural expectations. This facet is an oft-overlooked section of most career exploration programs. As a Marriage and Family Therapist, I love the fact that students look at the careers and vocations that are part of their family. We are often more influenced by family members and legacies than we realize.
A Cost of Living Project is also included. An excellent project that every high schooler should complete before their graduation from high school!
All of this before the student begins a Vocational Profile, which includes Personality Inventories, Occupational Profiles and Evaluation, Credentialing Evaluation, and Job Shadowing. This Vocational Profile is a thorough and detailed overview of career exploration for each student based on their personality and interests.
Part II will focus on students building their skills and showcasing them in a way that will take them into the beginning stages of developing their professionalism.
The Capstone project includes critical thinking, public speaking, research skills, self-sufficiency, team-work, planning, media literacy, planning, and goal setting. Students will learn and understand the difference between hard and soft skills. As a podcast host, focusing on Soft Skills, this makes me happy. The Capstone project asks the student to create a quality program or experience for themselves that will develop their professional self and ability. SMART Goals, resumes, and interviewing skills are covered.
Career Exploration and Prep is an excellent course for young adults of all ages. The target ages are 16 and up, but the resource is acceptable for motivated younger students as well. I would recommend this Guide for families and co-op situation.
A great addition to our Academic Advising Program, and integral to our Orienteering Course offered this fall and taught by Lisa Nehring.