Foundations in Personal Finance: Homeschool Edition

Teaching your teens about personal finance doesn’t have to be complicated. Seriously, you just need a homeschool curriculum that’s got everything prepped for you, in one place, and that’s made with your unique homeschool environment in mind. Well, that’s Foundations in Personal Finance: Homeschool Edition. Your teens will learn the money skills they’ll use now and for the rest of their lives so they’ll have a solid foundation when they’re out on their own (see where we got the name?).

But it doesn’t stop there. This course trades boring formulas and financial theories for time-tested principles, real-life applications and humor (yes, personal finance can be fun!). And there’s no personal finance degree required to teach it!

We know you want each of your kids to leave home with good financial tools so they can start adulthood set up for success. Lots of adults learn about money the hard way. They get caught up in overspending, taking on too much debt, putting off investing for the future and simply living without a plan for their finances. This describes 80% of Americans, so it is critical to equip your teens with the knowledge they need to avoid being part of that statistic.

Teaching your kids with Foundations in Personal Finance can start a conversation around money that your family may never have without it. If you’ve ever wanted to do more with your kids around personal finance, this curriculum is just right for you. 

Foundations is perfect for high schoolers who haven’t had anyone to teach them about money. Even if your kids already have a good handle on money concepts, they can still benefit from this curriculum. Foundations in Personal Finance: Homeschool Edition covers the fundamentals (which are so important!), but it also goes into detail about more complex subjects such as taxes, credit versus debit, and real estate. Even though these are more involved topics, our Ramsey Personalities break them down in a way your teens will understand and enjoy. No matter your kids’ starting point, this curriculum is flexible enough to meet their specific needs!

You’ll get everything you need, from lesson guides to engaging video lessons to auto graded assessments—so you can teach confidently. You’ll also receive a printed textbook with a voucher code for digital access to stream video lessons for one year.

Inside every chapter of our homeschool curriculum is a devotional and scripture reference guide. The devotionals take Bible scriptures and break down how they apply to your teens’ lives and finances. That’s 13 additional opportunities to weave the Word into daily life.

Curriculum Features:

  • Parent-led or independent-study learning options
  • Teacher resources (lesson guides, activities, transcripts and more!)
  • 13 stand-alone chapters that can be taught in any order
  • Devotionals and a scripture reference guide for additional study on the biblical view of finances
  • Easy, secure course access
  • Teacher resources and more

Available formats: Fully Digital, Print + Streaming

Here are some highlights from the curriculum content.

Chapter 1: Introduction to Personal Finance— This chapter introduces the topic of personal finance, explores the evolution of credit and consumerism in America, and highlights the importance of both knowledge and behavior when it comes to managing your money.

Chapter 2: Budgeting Basics— This chapter dives into why budgeting is key to taking control of your money—and how you can get started right now.

Chapter 3: Saving Money— This chapter emphasizes the importance of saving and explains three reasons why you should save money: emergencies, large purchases and wealth building.

Chapter 4: Credit and Debt— This chapter identifies the dangers of debt, debunks some credit myths, explains the credit report and score, and provides practical strategies to get out of debt—and stay out.

Chapter 5: Consumer Awareness— This chapter highlights the importance of being a smart consumer as part of a healthy financial plan, explains strategies to manage spending behavior, exposes common consumer scams, and identifies consumer rights.

Chapter 6: Career Readiness— In this chapter, you’ll learn how to find the right career path and create strategies to land a job you love so you can thrive and enjoy your work. You’ll also discover tips for building a resumé and presenting yourself well during a job interview.

Chapter 7: College Planning— This chapter explores the variety of educational options available after high school, highlights the dangers of student loans, and explains how you can pay cash for college and avoid student loan debt.

Chapter 8: Financial Services— This chapter explores the services provided by banks and credit unions, including the different options and features. You’ll learn about responsible banking, how to manage your accounts, and the importance of keeping records.

Chapter 9: The Role of Insurance— This chapter breaks down the purpose of insurance, explains how insurance works, shows how insurance protects your assets, and highlights the eight basic types of insurance everyone needs to have in place.

Chapter 10: Income and Taxes— This chapter digs into a huge reality in life: If you earn an income, you’re going to pay taxes. This chapter also breaks down the basics of different types of taxes—like sales, excise and federal taxes—including how they impact your income and spending.

Chapter 11: Housing and Real Estate— In this chapter, you’ll discover the financial costs related to having your own place to live, the differences between renting and homeownership, and what to do when you’re ready to buy a house.

Chapter 12: Investing and Retirement— This chapter dives into the basics of preparing for retirement, investing for the future by understanding the stock market and mutual funds, and planning to live a life bursting with generosity.

Chapter 13: Global Economics— This chapter examines how the global economy impacts your personal financial decisions and how different global economic systems influence decisions about goods and services that are used around the world.

In addition to all 13 chapters, you’ll receive bonus material featuring our documentary, Borrowed Future, which uncovers the dark side of the student loan industry and exposes how the system is built to work against you. The aim is to open your teens’ eyes to the reality of the student loan industry and encourage them to do everything they can to avoid using debt to pay for college.

Start teaching your teens valuable money principles that will set them up for success going into adulthood. 

You can find more information, as well as purchase Foundations in Personal Finance: Homeschool Edition at www.ramseysolutions.com/education/homeschool.

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Foundations in Personal Finance: Homeschool Edition

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