About This Blog
This blog is one of many supporting services for www.earlyfinanceforfamilies.com, the only online Financial Literacy School for Kids and Families. This online school is established and being managed by AgahanView, a non-profit entity.
AgahanView means EarlyView.
The company adopted this name to reflect its fundamental beliefs:
1. That Children should be provided Financial Literacy;
2. EARLY in their lives;
2. At Home;
3. By the Parents
4. As Basic Part of their Children’s Educational Development
Our children’s education in order to be considered complete or rounded should be four sided square that covers equally the four areas of :
Communications
Mathematics
Sciences
Finance.
We continue to cheat our children, by cutting corners in their education. Researches consistently show USA lagging behind Singapore and Finland when it comes to Science and Mathematics.
Not only are we behind in these fundamental areas of learning, the same research also shows that Americans are supposed to have the advantage in Math and Science because English is the default language by which these domains of knowledge are written, taught or communicated. Other countries like Singapore, Japan, Finland, India have to learn our English language first before they can start to learn Science and Mathematics at a much deeper level.
On top of these, we know that Finance and/or Economics are NOT basic part of the nation’ s school curriculum. Finance is not taught at the beginning of our K-12 school system nor at any level at all, except perhaps like in a handful of states that require integrated hours in economics as literacy requirement. But how much can kids really about finance and business within 10 to 15 hours total during four years of high school? We can hardly call that serious study of a subject matter. A serious program is needed for our kids.
Until we reach that generation or age when politicians will be taken to task by their constituents to do something about this gaping hole in our children’s education, organizations and companies like the AgahanView that set out to do something in this field for children have lots of challenges to deal with.
Actually not only do we have a lot of challenges, they are enormous and daunting but THEY CAN BE DONE. All it takes is that “WE CARE” and things can get accomplished in many different ways that it may fall like miracles when things fall in place. It will take investments in time, effort and resources to:
1) spread and share our common concerns about our children’s quality education;
2) show that we WE CARE! and that we mean business!
We invite you to join us in this initiative by signing into this community blog. It is very easy to join.
Click Register at the lower right hand corner of this site and create your username and password …. and you’re set. Join us and lets all join hands and voices through posts and comments.
Welcome aboard to the online home of
Financial Literacy For Children and Families,
Marina Foyos Dean
CEO-EarlyFinanceForKids.com
To quote “figures do not lie, but liars figure.” This must have been the basis of the “liar loans.”
April 2nd, 2008 at 3:12 pm~~~~~~~~~~~~~~YOU THINK~~~~~~~~~~~~~~~~~~~~~
I don’t think that having English as the primary language necessarily accounts to better fincncial education although it helps. I believe financial education in order to be impactful in one’s life have to encompass learning the financial basics as well as imbibing the right behaviors related to it. I learned that money, math and numbers don’t lie to us and are simple to figure out if we don’t give in to thoughts of it being tricky, complex and beyond our comprehension. I have heard it poignantly said, “figures don’t lie, but liars figure.” In retrospect, I don’t understand why I found a lot of my classmates from elementary to college seem so phobic towards it like there was some kind of traumatic experience associated with it to warrant their behavior.
April 25th, 2008 at 4:49 pmAmpy…. Your using the term “phobic” is interesting. I for one think it is the sheer laziness or lack of desire to learn the language of math or finance rendered many unprepared for the realities of our bleak economic times today. Didn’t seem important then otherwise it would have been taught in school or at home while we were growing up. Caught unprepared we get intimidated to examine and understand how the biggest monthly expense i.e. // our monthly mortgage payment been impressively affordable a few years back, but now suddenly became heinously unaffordable. We scratch our heads, how did that happen:-)? We didn’t care to know for instance how the debt to income ratio plays out in the home buying qualifying process such that we know from the very start if we really could have afforded that house we bought a few years ago with the “slick” help and advice of realtors and mortgage brokers. It is no wonder that instead of investing time and energy to research and understanding the financial language associated with our biggest investment_ our home, we conveniently chose the path of financial ignorance that rendered many of us easy victims of predatory lending and pushy realtors rampant not so long ago. Now, forced with the painful and embarrassing reality of foreclosure that we should have seen coming, we cry out to the media in publicized rational defense, “we did not know what we were doing or what they got us into. Their advice sounded smart, savvy and professional. We would never have agreed to this kind of loan terms had we really understood it.”
May 2nd, 2008 at 10:50 amhey leap4ward…you pointed out a very true reality nowadays. The human nature that goes this way-if things have gone right we absolutely credit it to ourselves, but if things have gone bad we waste no time in blaming anything,anybody and everybody but ourselves. They scream lawsuits and bankruptcy. Meantime, the damage has been done and the repercussion to the economy is quite astounding.The ripple effect rocked the roof and dining table of every household in the nation.I believe the message is clear.This problem will have to be addressed starting not from the White House or the Feds but from every household across the nation.
Responsibility to EDUCATE ourselves and our kids early enough to not be daunted by the matrix and metrics of money matters that really matters to us is really in our hands. Having said that, government for what it is intended for must be an ally to this cause… anybody concurrs?
May 2nd, 2008 at 2:11 pm