Teaching Financial Literacy with EF Strategies, Part 2

Teaching Financial Literacy with EF Strategies, Part 2

This post is part of a series that highlights ways to teach financial literacy with executive function strategies. It’s never too early to teach your students financial literacy and EF strategies that can have a lasting impact (link opens in new tab/window)↗.

Goal Setting + Life Beyond High School

Teaching students to set goals and monitor their progress is an essential part of setting them up for long-term success. To help students set goals for college and careers, begin with exercises that promote self-understanding around their strengths, challenges, interests, hobbies, and more. Encourage students to define the what, why, and how of their goals, and provide opportunities for them to envision what their life might look like beyond middle and high school. 

After high school, students have many options such as four-year colleges, two-year colleges, and trade schools. These options can vary in terms of time and cost, so it is beneficial to help students consider the return on investment (ROI).

For students who are considering college, the Education Data Initiative offers research and resources to tackle the rising costs of higher education. They have several resources that can help students balance their long-term goals and the cost of higher education(link opens in new tab/window) .

If students are unsure of their path, taking a semester or year off can help students gain experience, develop self-understanding, and find clarity about their path forward. 

Once students determine the outcomes they would like to achieve, encourage them to monitor their goals and consider obstacles that might arise. CANDO Goals Lesson from unit 2 of the SMARTS Curriculum is an excellent way to get students thinking about setting meaningful goals

Stay tuned for part 3 of our EF and Financial Literacy series. 

  • Caitlin Vanderberg, M.Ed., SMARTS Associate

SMARTS Executive Function Curriculum: smarts-ef.org

Research Institute for Learning and Development: researchild.org

The Institute for Learning and Development: ildlex.org