No text or picture Add-ons were added yet. How sad!
No Links were listed yet. Go ahead and share!
In part one of the series your students are going to learn something that they will never hear from an economics professor at any college, at any time but they will hear it here and it will be an extremely valuable lesson you can pass on your students. It goes like this:
They go out and get a summer job for 15 weeks, pays about a $150 a week and for most of my students they tell me that's pretty conservative so it's doable and after 15 weeks that represents $2,250, after four years that represents $9,000 that you as the parent do not have to spent.
But there is something a lot more fundamental to all of us. Just before my sons went off to college I said to them that I would never send them a dime while they are in college that what they had to spend while they were over there had to be earned the summer before.
Now before they got over the thought that dad was Mr. Bean, here is what they are able to do of as a result of four years of bungling their mind, they are able to demonstrate very clearly to our prospective employer that they have the experience of budgeting their money, had the experience of knowing how to economize, had the experienced of being able to plan their activities based upon their financial resources, so that on their resume, they had a very powerful statement that made a huge impression on employers, a statement that they never see. Four years of money management experience and it worked.
I am Paul Hemphill.
Page 1 of 1
Transcription by:
Scribe4you Transcription Services