Welcome to the homepage of Henry M. Jackson PTSA (7.3.95), Mill Creek, WA
Personal Finance Info Night
Summary
Poster
From the National Council on Economic
Education
http://www.ncee.net/about/
"NCEE surveys show that nearly half of our young people don't understand how to save and invest for retirement, nor how to handle credit cards, don't know the difference between inflation and recession, nor how government spending affects them. If we fail to act now to improve economic literacy in this country, our children will be at risk for crippling personal debt, costly decisions at work and at home, and lack competitive skills in a fast-paced global economy."
A Jackson HS PTSA sponsored Personal Finance Info Night aims to help high school students and their parents discuss and learn about money matters.
http://www.ncee.net/about/
"NCEE surveys show that nearly half of our young people don't understand how to save and invest for retirement, nor how to handle credit cards, don't know the difference between inflation and recession, nor how government spending affects them. If we fail to act now to improve economic literacy in this country, our children will be at risk for crippling personal debt, costly decisions at work and at home, and lack competitive skills in a fast-paced global economy."
A Jackson HS PTSA sponsored Personal Finance Info Night aims to help high school students and their parents discuss and learn about money matters.
Poster
Event Speaker, Date
and Time
Presented by Instructor Bill Reed
Business and Applied Technology Division
Everett Community College
Thursday, March 6th, 2008
7 PM - 8:30 PM
Location: Henry M. Jackson HS, Mill Creek, WA
Business and Applied Technology Division
Everett Community College
Thursday, March 6th, 2008
7 PM - 8:30 PM
Location: Henry M. Jackson HS, Mill Creek, WA
Directions to Henry
M. Jackson HS
Northbound
& Southbound: From I-5, take exit 186 and head east on 128th
Street. Turn right at 16th Avenue SE (just past the entrance to
Safeway). Turn right on to the Bothell-Everett Highway and then take a
left at Dumas (136th St. SE).
Suggested Morning
Announcement
High school students and their parents
are invited to the
Jackson HS PTSA sponsored Personal Finance Information Night event
tonight (March 6th) at 7 PM. It is a chance to learn about accumulating
wealth, investing fundamentals, salary negotiations, taxes, loans,
buying a
car, renting an apartment, credit cards, donating to charities
and
other money matters.
Possible Topics
401k accounts
Accumulating wealth
Adjustable rate mortgages (ARMs)
Banking
Bankruptcy
Bonds
Budgeting
Building a financial cushion (avoid living paycheck to paycheck)
Car ownership
Careers in personal finance
Caring for elderly parents or grandparents
Checking accounts
Children (18+ years to raise them)
College
Conflict of interest: recognizing it, taking it into account with your decisions.
Contracts
Credit cards (evil if not used wisely)
Credit score
Dollar cost averaging
Donating to charities
Economic analysis: comparing 2 or more financial choices, APR (annual % rate), ROI (return on investment)
Employment agencies (head hunters)
Financial consultants: when and how to hire one
Fraud prevention
Gambling including Texas holdem, Las Vegas, Casinos, and State Lotteries
Goal setting and achieving
Gold, silver, other precious metals
Home buying
Identity theft prevention
Inflation
Insurance: health, auto, home, renters, life, disability, umbrella
Interest (paying it, earning it)
Investing
Job hunting
Loans
Loan cosigning
Marriage
Mutual Funds
Negotiating
Online bill paying
Online purchases
Payday loans
Pensions
Prenuptial agreements
Real estate investing
Recession
Renting/leasing an apartment
Resources: books, college courses, websites
Resumes: building, writing, cover letter, posting online
Retirement planning
Savings accounts
Social Security
Starting a business
Stocks including stock options, shorting a stock, discount brokers
Subprime mortgage loans
Taxes: federal, state, sales, payroll, estate
Tax filing software
Union dues
Wills
Accumulating wealth
Adjustable rate mortgages (ARMs)
Banking
Bankruptcy
Bonds
Budgeting
Building a financial cushion (avoid living paycheck to paycheck)
Car ownership
Careers in personal finance
Caring for elderly parents or grandparents
Checking accounts
Children (18+ years to raise them)
College
Conflict of interest: recognizing it, taking it into account with your decisions.
Contracts
Credit cards (evil if not used wisely)
Credit score
Dollar cost averaging
Donating to charities
Economic analysis: comparing 2 or more financial choices, APR (annual % rate), ROI (return on investment)
Employment agencies (head hunters)
Financial consultants: when and how to hire one
Fraud prevention
Gambling including Texas holdem, Las Vegas, Casinos, and State Lotteries
Goal setting and achieving
Gold, silver, other precious metals
Home buying
Identity theft prevention
Inflation
Insurance: health, auto, home, renters, life, disability, umbrella
Interest (paying it, earning it)
Investing
Job hunting
Loans
Loan cosigning
Marriage
Mutual Funds
Negotiating
Online bill paying
Online purchases
Payday loans
Pensions
Prenuptial agreements
Real estate investing
Recession
Renting/leasing an apartment
Resources: books, college courses, websites
Resumes: building, writing, cover letter, posting online
Retirement planning
Savings accounts
Social Security
Starting a business
Stocks including stock options, shorting a stock, discount brokers
Subprime mortgage loans
Taxes: federal, state, sales, payroll, estate
Tax filing software
Union dues
Wills
Recap
About
50 people (students and parents) attended the Jackson HS PTSA sponsored
Personal Finance Info Night on Thursday, March 6th, 2008. Our speaker,
Mr. Bill Reed from Everett Community College, graciously accepted our
request to give this talk. Mr. Reed teaches Personal Finance at Everett
CC and has been a guest speaker at Jackson HS in the past. Mr. Reed
focused the evening presentation on issues for high school age kids.
Topics included:
Tracking where money goes as a good first step to good financial management.
Differences between wants and needs.
The value our society puts on different careers. Education matters.
The 5 C(s) that bankers use: Character, capacity, capital, collateral, conditions.
Credit cards.
Checking accounts. Penalties for an overdrawn account.
Credit score, credit connections, credit reporting agencies.
Rule of 72.
Savings accounts.
Protecting against ID theft.
Community service: An honorable activity that will improve your life as well as the lives of others.
After the event, several students and parents stayed to ask follow up questions. Many of the students who attended were from Jackson HS teacher Ms. Rose Smith’s classes on economics and accounting. Ms. Smith hopes to teach a Personal Finance course at the high school next year.
Our thanks again to Mr. Reed for helping students to make wise choices that will benefit themselves, their families, and society as a whole.
Power Point Presentation
Topics included:
Tracking where money goes as a good first step to good financial management.
Differences between wants and needs.
The value our society puts on different careers. Education matters.
The 5 C(s) that bankers use: Character, capacity, capital, collateral, conditions.
Credit cards.
Checking accounts. Penalties for an overdrawn account.
Credit score, credit connections, credit reporting agencies.
Rule of 72.
Savings accounts.
Protecting against ID theft.
Community service: An honorable activity that will improve your life as well as the lives of others.
After the event, several students and parents stayed to ask follow up questions. Many of the students who attended were from Jackson HS teacher Ms. Rose Smith’s classes on economics and accounting. Ms. Smith hopes to teach a Personal Finance course at the high school next year.
Our thanks again to Mr. Reed for helping students to make wise choices that will benefit themselves, their families, and society as a whole.
Power Point Presentation
Recommended Books
Caring
for Your Parents: The Complete AARP Guide by Hugh Delehanty (Author),
Elinor Ginzler (Author), Mary Pipher (Foreword) - April 28, 2006
{This book is listed to primarily help parents who are not only looking at upcoming college bills for junior but also facing financial support for junior's grandparents.}
Personal Finance For Dummies, 5th edition by Eric Tyson, Paperback - Sep 12, 2006
{Don't let the title fool you. This book can help make you smarter and richer over the long term.}
The Wall Street Journal. Complete Personal Finance Guidebook, by Jeff D. Opdyke, April 11, 2006
{This book is listed to primarily help parents who are not only looking at upcoming college bills for junior but also facing financial support for junior's grandparents.}
Personal Finance For Dummies, 5th edition by Eric Tyson, Paperback - Sep 12, 2006
{Don't let the title fool you. This book can help make you smarter and richer over the long term.}
The Wall Street Journal. Complete Personal Finance Guidebook, by Jeff D. Opdyke, April 11, 2006
High School and
College Courses
High School
Bellevue School District, Business and Personal Finance
http://curriculum.bsd405.org/C14/C5/Business%20%20Personal%20Finance/default.aspx
BYU (Online high school course), ECON 41, Consumer Economics
http://ce.byu.edu
Inglemoor High School, Personal Finance
http://schoolcenter.nsd.org/education/components/scrapbook/default.php?sectionid=19
College
Bellevue Community College, Personal Finance
http://at-campus.net/bcc2/ems/course/course.aspx?C=6726&pc=10&mc=1192&sc=
Everett Community College, ACCNT 113, Personal Finance
http://www.everettcc.edu/
University of Puget Sound, BUS 280, Personal Finance
http://www.ups.edu/x14674.xml
Western Washington University, FIN 215, Personal Finance
http://www.cbe.wwu.edu/CourseInstructor.asp?CourseAbbr=FIN&CourseNumb=215
Bellevue School District, Business and Personal Finance
http://curriculum.bsd405.org/C14/C5/Business%20%20Personal%20Finance/default.aspx
BYU (Online high school course), ECON 41, Consumer Economics
http://ce.byu.edu
Inglemoor High School, Personal Finance
http://schoolcenter.nsd.org/education/components/scrapbook/default.php?sectionid=19
College
Bellevue Community College, Personal Finance
http://at-campus.net/bcc2/ems/course/course.aspx?C=6726&pc=10&mc=1192&sc=
Everett Community College, ACCNT 113, Personal Finance
http://www.everettcc.edu/
University of Puget Sound, BUS 280, Personal Finance
http://www.ups.edu/x14674.xml
Western Washington University, FIN 215, Personal Finance
http://www.cbe.wwu.edu/CourseInstructor.asp?CourseAbbr=FIN&CourseNumb=215
Suggested Path for
Financial Literacy
- Attend the PTSA Personal Finance Info Night.
- Enroll in a Personal Finance
course in high school or college.
- Read a good book on Personal Finance every 10 years or when your life circumstances change significantly.
- Read the business and
finance sections in a good newspaper or online resource every business
day for the rest of
your financial life. Things change. Tax laws change. Economic
conditions change.
- Consider subscribing to a
weekly news or finance focused magazine.
- And of course, practice what
you learn and help others do the same.
Links
Jump Start Coalition
http://www.jumpstart.org/
Money Track - A Public Television Series
http://moneytrack.org/
National Council on Economic Education
http://www.ncee.net
http://www.jumpstart.org/
Money Track - A Public Television Series
http://moneytrack.org/
National Council on Economic Education
http://www.ncee.net
Contact
Event coordinator: Jeff Heckathorn,
webmaster@jhsptsa.org
PTSA Home Page • Jackson High School Home Page