Financial Literacy Courses in the United States

Abstract:

Overall, this paper will argue the concept that the following concepts are not only important, but vital to the success of the United States regarding financial literacy, economics and overall progress: Preparation for life after high school, basic financial literacy and collective progress and quality of our country as it moves forward from recent recessions. Preparation is imperative after high school because it tends to be when students become more independent and starting them off on the right foot is imperative. Secondly, general individual financial literacy helps to lift communities, individuals, and families out of poor situations and establish generational wealth, as well as provide more taxes for cities, states, and the country to grow. Finally, this is important because it also helps to, overall, further the goals of the country in a global economy and keep up with a rapidly changing and expanding world

Introduction:

-This should be premised on your argument to the debate that you are discussing

-Touch on a few pieces of background here, but don't go too much into detail ( we will have a background section later)

-Provide a basic rebuttal for your argument, or talk about a current event that proves its relevant

-Finish with your thesis- shown below:

Thesis:

It should be mandatory that high schools across the country that operate in the public sector and receive public funding teach finance Classes for multiple years to students in order to prepare them for life after high school, educate them on the ins and outs of basic finance, and overall to lift the financial intellect of our country to progress and avoid the pitfalls that we have historically and recently experienced.

Body Paragraphs:

I.Background

-Touch on where the roots for this movement might have taken place

-Were there these types of classes in schools before?

-If so, why were they taken out?

-How might this explain current trends of poverty/ financial illiteracy in the US today?

II.Reasons For Mandatory finance classes

III.Reasons against finance classes

IV.Currentevents/realworldExamples

-This is where you can tie in the experiment you proposed in your proposal, about school systems in FL. This would be a perfect means by which you can accomplish the means to your ends in explaining the importance of having financial literacy courses

Location:

Florida should implement this in Florida Public Schools. This will help be a pilot program that will demonstrate over time that providing these classes lifts up the disenfranchised, marginalized and lesser-privileges groups of students. This will disproportionately effect those who have not had historical access to financial literacy such as communities of colors and poor communities. Miami Dade and Broward are an excellent pilot county because it has a good amalgam of all of these populations and has a fairly well-established public-school system.

Curriculum:

The Curriculum shouldn't only be a book but include a platform. The tenth grade would learn economics, 11-grade Finance, and lastly 12 Stock Market.

Challenges of this research:

1. Time. Overall, these types of projects and research programs take time. It is impossible to tell if a financial literacy course given through three grade levels will have a positive effect on a student unless you research them for several years after they leave high school

2. Funding: Basically, schools have already had to cut funding to core classes such as home ec, which taught some of this, as well as art, music, sports, etc. So, to include this is also to ask schools to find funding to have teachers that know this subject on staff.

3. Curriculum: In order to study this correctly, all schools would have to follow a similar if not identical curriculum in order for it to be replicated if successful. One school cannot have a different way to teach this than another, or else you won't know that is truly successful or not.

Conclusion:

-reiterate your argument, and briefly reflect on how each body paragraph supports this

- CreateAcall to arms to support your claim, and be sure to further explain its importance

- finish by explaining how it may positively or negatively affect the future of society in the US

Annotated Bibliography

-For annotated Bibliography, all youhavetodoafter placing your citation is adding a paragraph of approx. 100wordsExplaining how you used that source, and why it is significant to your paper.

EX:

Farinella, J., Bland, J., & Franco, J. (2017). THE IMPACT OF FINANCIAL EDUCATION ON FINANCIAL LITERACY AND SPENDING HABITS. International Journal of Business, Accounting, & Finance, 11(1).

This source proved helpful in explaining how education costs per semester were directly impacted by an augmented operation budget when adjusted for financial literacy classes. This helped further prove my argument that we need them in our education systems.

OUTLINE ASSIGNMENT An outline is generally a way for you to really focus on the writing that you will do. Without a plan for the writing, you may find yourself veering off from the main topic Into other territory that has no connection to your work at all. For many writers, writing a paper seems like a daunting task because there Is no formal organization to the work. The outline delivers the ability to organize the writer's thoughts and the paper's format. Both of these together offer a directed effort that provides the writer with a way In to the writing. This is even more Important in research because it helps the writer to take disparate bits of information and assemble them in a clear and cohesive manner. Thus, the intent of the writing is more clearly stated and the reader can enjoy and understand the work more fully. There are several forms of outlines. For this course, we will use the following three: the topic outline, the sentence outline, the paragraph outline. In a normal research situation, you would generally choose only one of these to use in your process. However, so that you can fully understand how infon'natlon can be built Into a research process, we will investigate the first three by creating all three. This certainly sounds like a lot of work. However, the three will build upon each other in staircase fashion and will provide a way for you to write early sections of the research paper. For each of these, you will create a complete thesis sentence. Your thesis sentence should incorporate the three or four supporting elements you plan to use in your paper. You will then create the outline portion by expanding on the three or four elements as illustrated in your book. THE BEST WAY TO APPROACH 11'lIS ASSIGNMENT (1} Create the topic outline using all of your supporting elements. You have already created a proposal, so you simply extract the main elements {thesis and supporting elements) from that assignment and format them Into a topic outline. (2) Expand the succinct phrases from the topic outline Into complete sentences to format the Sentence Outline. You should use the same thesis statement as in the topic outline and create complete sentences for each supporting element. NOTE" Rememberthe sentences you create in the sentence outline should be topic sentences (sub-thesis statements). The topic sentences will be used to begin the paragraphs and the sentences that follow should support what the topic sentences state. (3) in the paragraph outline, use the same thesis statement as before, then expand the sentences into paragraphs of 5- 6 sentences. Detail is especially important In this assignment. Note that the rst sentence of each paragraph is extracted from the sentence outline. The proper format for this assignment Is available In Ilili'cielt 2 Lecture Material. This assignment requiru you to complete THREE outlines. You will submit all of thue in ONE document. To prepare for writing your paper, you will seek out five scholarly sources and create an annotated bibliography. (Your research paper should only have 7-9 references.) Each entry should consist of the APA formatted reference and the annotation of 150-175 words. Please go to the Week 2 Lecture Materials and review the example for format. Also, read the text in that example for leading questions designed to help you write the Annotated Bibliography. However, in basic terms, you need to provide the following in your entry: Bibliographic entry formatted in PROPER APA format. . A summary of the source in your own words, which will comprise about two-thirds of the narrative portion. . One or two sentences regarding how the source is credible. Be specific. . One sentence that indicates how you intend to use the source in your research. The assignment will need to be formatted as indicated in the example and you will need to include the bibliographic entry formatted in APA format, a summary of the source, your assessment (in third person) of the source, and reflection (in third person) of how the source will support or argue for your topic, or perhaps how it might be used in opposition to your argument in order to offer other considerations: Why are we creating an annotated bibliography? Go here for a great explanation: http://owl.english.purdue.edu/owl/resource/614/01/ SOURCES APPROVED FOR THIS PROJECT: You must have one book but NO MORE than one book. Other sources can come from the library, eLibrary databases, scholarly journals and magazines, findarticles.com, or Google Scholar. Other sources may be approved as long as they are scholarly and provided you check with the instructor first. You must use five sources. Please note that using all books as source material will not be approved. THE REQUIREMENTS . Submit this assignment in Microsoft Word. No other formats will be accepted. All online students are required to have Microsoft Word as their word processing program. If you do not have this program, please visit your local Office Max, Office Depot, or Staples store, or contact the Keiser bookstore for assistance. You can also access many web sites to purchase the program. Microsoft.com offers a free trial. . Use the following format for the FILE NAME: AbernathyA_Annotated Bibliography. Note that the name format should contain your last name and first initial in exactly that order.a properly completed cover page, . a place holder page for the abstract, at least five body pages, . one form of source support per page. When you submit the first time, be sure to review the Safe Assignment report as you will need to comment on the report in your final paper checklist You may submit up to two times