Another good way to increase student motivation is by incorporating class materials that are interesting to students, such as a stock market game. While playing a stock market game, students will follow stocks throughout the real-world ups and downs of the stock market, without having any risk of possibly losing money. This can help them be more prepared for investing, a typically tricky topic. In every study conducted, it was found that there were significant increases...
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...and this can take place in addition to the coursework offered in schools. Parents could share their mistakes and the financial information they feel comfortable sharing with their child (Bodnar 1). Even the individual states could involve parents into the curriculum, such as in Utah, where schools are mandated to incorporate “methods of appropriately communicating to…parents key financial and economic literary messages; and encourage parents and students to establish higher education savings, including a Utah Educational Savings Plan account” (“Financial and Economic Literacy Amendments” 6). Parents can have a beneficial impact on their child’s personal finance skills, but for those who cannot provide adequate preparation for their child, incorporating personal finance within the curriculum can ensure financial literacy for all young people, regardless of background.
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