Amy Smith teaches at College Avenue Secondary School in Woodstock, Ont. She's invited a mortgage broker, a Realtor, a car sales representative and a financial adviser to her classroom to improve her students' financial literacy.
"I realized I didn't learn this," Smith said. "I don't want my students to have that mindset like, 'Oh, I'm signing a paper, but I really don't understand what I'm signing for.'" Smith, who began teaching in 2012 and is wrapping up her first year at the high school, has also worked with her students researching tenant rights, and she assigned them to interview tenants and landlords about their experiences.Smith's Grade 12 students have been learning about renting versus home ownership. Despite the hot housing market, she believes her students can still find a way into the market after they graduate, as long as they start saving now.
Saralyzer777 So we chose all the professionals that rip people off.... great code of ethics there
Bravo 👏🏻 any kind of financial information can open students eyes to the world!! I am a retired teacher and understand the benefits of diversity from all walks of life. Shame on the criticisms from people that are so closed minded. Thank you for working so hard!
Testimonials from people who have been in typical financial difficulties would help. They want to know what the big deal is. It might also be surprising for them to learn how easily circumstances can conspire to render a person homeless.
Love this. Been asking this for years. So bad when adults don't even know the difference between cashing and depositing a cheque.
A realtor. 🤣🤣🤣🤣🤣🤣
Seeing many comments about how learning algebra/calculus was pointless, while needing more lessons on financial literacy. Yet mortgages/cred cart/investment/insurance are common applications of math; only failure is not enough teachers showing how concepts are applied in life.
Good for Amy! Way to go in thinking outside the box and getting different perspectives than the ancient teaching guides that are pushed. Love the approach and we need more thinkers that care like this. Also an “atta boy” award to those presenters for taking time out of work. 👍
Trying to figure out which is the best suited to help the students. Honestly I think they would be better off learning a trade!
Good for her. Finally someone with common sense.
The realtor and car sales represntative will only teach the kids to be criminal and how to cheat people.
How many kids did she have and what about the Canadian Aboriginals they didn't want other people growing over them and on their land. So selling financial security by embuement in groups that constifle the larger process of life valuements what is the true reality of who did what
👏
I would be worried for my children in that environment. All the listed professionals make money by getting people to spend money. An accountant and economist would have been better.
I wouldn't trust any of those lizard people to be around me and especially not around kids
The children would’ve been better served with the truth: no amount of budgeting will save them from slave wages.
Should be a required course for grade 12.
everyone who's been out of school knows this is a very good idea
Well done. Need more of this.
They should of been doing that years ago. Also teach them just because they can get credit. Not to go crazy with it and think in there 20’s they don’t have to pay it back cause it will bite them in the butt. Always told young people your credit rating is your life line.
Not financial advice. If parents can't teach the kids shouldn't the parents be attending this class.
Keep it up! You know, people don’t need to make a million dollars a year to become well off. Alm they need is to understand financial products and how to use them to build financial security
This has happened for as long as I can remember. Financial Literacy was part of the curriculum all 32 years of my teaching. Ford/Lecce are making it sound like it never happened.
Did the mortgage guy tell them about line of credit on your house and how to borrow all the equity and live fancy….. til ya can’t?
Did car salesman tell thekids not to tradein the car you still owe $ on and add the new car loan to the old and keep paying for 7 years? Making the cost of the car thousands over asking?
Finally common sense to teaching something in real life!
Good for her. Need more practical life education not once have I used algebra in my 32 years outside of school
It should be mandatory
Good idea. Now bring in someone from the Finance Ministry(no politicians) to try to explain how our taxes are spent.
She should educate the children on this: And ask why an accountant or lawyer doesn't charge a % commission based on the 💰 involved in the transaction Monopoly and collusion are also good topics to discuss
The need of the times indeed.Prep them young .A high five to this inspiring teacher 👏👏👏👏👏
Brilliant move, hopefully it will become part of the curriculum some day!
But will they be getting impartial information?
This is great stuff. I did it here in NB in the early 90s as part of a 10 period unit on financial literacy for a grade 9 class. I even gave them job titles, imaginary salaries, a “credit card” and had them create budgets and do taxes. Lots of fun!
My son is a 30 year old home owner with a family and a 10 year old Chrysler. His awareness came from a solid family background. Yes is should be reinforced In school but parents out there need to do their part.
About time kids learn the basics of adult life before getting released to the wild
keep 10% of all earnings for yourself
This is great for the class
Well, the idea is great but there is limited funding for speakers to come. Unless they volunteer more funding is needed for such initiatives.
Excellent idea! I fortunately grew up with a very frugal Mom - saved enough money serving tables part-time in high school it he 1980s to pay for my wedding in 1989 and buy furniture for our new house. It's a skill......
I noticed she didn't invite a politican, wonder why?
Excellent!
Finally common sense.
Way to go Ms. Amy - should be part of the Canadian curriculum. Prepare our youth for the largest investments of their lives. Understanding and negotiating a bank loan for that first car then onto purchasing a home. Mortgage and financial terminology an excellent initiative.
Wishing She Was My Kids Teacher, Very Little Being Taught In The Classrooms Today Prepare The Kids For The Financial Decisions They Will Have To Make In Adulthood
Still no formal requirement in the current curriculum to be literate in financial issues. When are the teachers going to address this with school boards the way they did with our history?
Smart Every high school needs this
After listening to the first three they are going need the forth to get them out of all that debt.
She invites people whose sole purpose is to rip people off.
Kudos to this teacher! Financial knowledge (budgeting, renting, buying a car, taking out college loans, etc.) should be part of every high school curriculum including all U.S. schools.
If people think a realtor or car sales rep can improve your financial literacy, you are thinking wrong. Or is this actually showcasing careers where you need no education?
Inviting wolves right in there to get their prey young. Realtor? Car sales rep? Mtg broker? wtf
Corruption Forensic Financial Analyst
That’s all you need to have a completely fucked up life, a mortgage, a house, a car. Go.
Remove the realtor...replace with an accountant and this is an excellent idea.
Awesome! (minus the car salesman)
Unusual. But in a good way
factcheck may want to explain: 40 years taxpayer pays for a home warranty that protects builders 🏠 Canada doesn't have a auto lemon law to protect 2nd priciest consumer buy🚘 corruption
Any minute now next tweet.... Doesn't she know financial literacy is literally white supremacy supporting the patriarchal misogynistic system.... It hurts brain just typing that. We need every teacher step up with common sense practical real life lessons. Stop the sex talk.
Wonderful idea but I hope the teachers union doesn't hear about it.
I always believed that the reason why they don’t teach all this is because the “government “ would rather the majority of people not know how the banks really work and prevent us from financial gaines
Great teacher! We need more teachers like this!!
What a wonderful idea
This is an excellent initiative which should be standard school curriculum. Students need this information to become responsible adults. Good for her for organizing this!
Her students have a huge advantage in life because of her. Outstanding.
I was saying this 20 yrs ago when I was in high-school. Most people are never going to use calculus and some of the other courses. Wife and I both make good money never needed calculus since HS, teach things like this so people know how to live real life, invest, taxes, etc.
🙌 Brava! All teachers should. Predatory out there, I WISH school had taught financial literacy, how to protect my credit rating, that carrying credit card debt snowballs suddenly, buries you, affects everything, TO INVEST EARLY… I’d use those lessons more than algebra.
Excellent idea!
BurragePauline Nice 👍
Finally the cbc promotes some useful information to improve young peoples prospect. Credit where credit is due
Give this lady a raise...👏👏👏
She should have invited a single parent with 2 kids. Trying to balance a household these days is almost impossible. All our idiot PM does is raise interest rates unlike other countries who are helping the lower class. TrudeauForTreason
Not in the curriculum by design.
The bookkeeper where I work told me that none of the young people (under 25) at work knew how to write a cheque. 😀
Doing stuff like that is how people end up dead eating breakfast
Gukkie_patooTae 🙂
The union must hate this women.
nice! ♥️✨👏 should be mandatory.
Stick to the facts and this is a great endeavour. Just be cautious taking advice from people who make money when you act on their advice.
Great idea
Good on her for sure but it is 2022 and the fact it’s not a part of the curriculum is unbelievable. They should also teach kids about taxes so they understand just how much goes to government coffers and used unwisely!
Brilliant!
I hope the kids aren’t triggered by this.