Disclaimer: I received a FREE copy of this product through the HOMESCHOOL REVIEW CREW in exchange for my honest review. I was not required to write a positive review nor was I compensated in any other way.
Some of the many topics discussed include:
- Lifetime Capital Potential
- Lifestyle Regulator
- The Tax Filter
- Opportunity Cost
- Debt - What is it? What is it not?
- Pay Cash or Finance
- Access to Capital
- Why Go to Work?
This was something that I really did love about the Personal Finance Illustrated® Homeschool Edition course. All of the resources needed to complete the course are in one location. We did not need to go searching for answers or resources and outside materials.
We are working our way through the Personal Finance Illustrated® Homeschool Edition in a slower rate. The material is very thorough. I would suggest that this course be tackled in Junior/Senior year of high school. If you can, make sure to check in with your students to make sure they are truly understanding the topics that are being presented. They are being explained in a great way, but as your student works their way through the Personal Finance Illustrated® Homeschool Edition the open discussions that can be had are wonderful. This is the time that you can really share your personal experiences with your students. We all have made not so smart financial decisions. While going through this program, we can openly speak with our students about these choices, and they can see not only from our own experiences but also from the written material what directions are best.
I did find that some areas of the program were adaptable. Lydia is considered a Freshman, and Caty is still in Middle school. I wanted to go through this program with them. We have been reading the material together. But with the girls, I have not been requiring in-depth written assignments. This is one way I am able to adapt to their individual learning struggles. We can openly discuss the material being looked at, and the topics for the writing assignments. If you do have a student who has struggles, you can break down the lessons and take your time. We currently are working on Personal Finance Illustrated® Homeschool Edition two days a week. I work with them one day, and then assign them work for other days. I really do like the material for even my own personal refreshers. We can all use a swift kick of reminders on how to do things better than we are.
The PEM Life mission is to provide individuals with firm financial concepts to build their lives and their families lives on a solid standing. Their Personal Economic Model or PEM was developed to help people tackle those hard to understand financial topics, and make it easy to tackle in their own lives. I think that they have done a wonderful job creating this program for students to tackle those topics about money that sometimes we as parents do not always have a firm grasp on.