Friday, May 17, 2024

Preparing the Next Generation of Financially Savvy Youth

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Tanisha Adjokatcher has written a ground-breaking new book that teaches children the essentials of finances.

Financial literacy is absolutely crucial – and yet many kids graduate high school (even college) without a full understanding of how to navigate the financial landscape. The typical school – be it public, private, or even homeschool – often doesn’t make financial education a priority, especially for young children. They’re considered “too young” to understand complex financial concepts.

But one woman strongly disagrees.

For over 12 years, Tanisha Adjokatcher has been a successful serial entrepreneur and educator. And her own financial know-how was learned, she says, the hard way. “I’ve often thought – if only I’d learned key financial concepts as a kid,” Adjokatcher says. “Kids’ minds are so receptive to concepts – even complicated concepts. They can understand. Their brains are like sponges. This is the perfect time to teach them about money.”

And not just money. Assets, debt, credit, e-commerce – her revolutionary book “The ABCs of Wealth Building” explain the basics of finances in ways that kids can understand: with bright, colorful illustrations and relatable content that sparks young minds. Her book is the education industry’s next big deal. 

This pivotal educational tool will soon be accompanied by a workbook, a practical guide that reinforces and deepens young learners’ understanding of financial concepts.

The book is already successful – but Tanisha Adjokatcher is just starting her quest to change the face of financial education. Her mission to enhance financial literacy among children has evolved from introducing basic concepts in her book to ensuring their application and retention through the workbook. 

“Learning is most effective when it’s interactive and engaging,” Adjokatcher says. “The workbook will be released soon; and it’s designed to be a hands-on tool that solidifies the foundations laid by the book.”

She shares that the workbook will be meticulously structured to complement each chapter of “The ABCs of Wealth Building.” It will include a variety of exercises, activities, and real-life scenarios that encourage kids to apply the financial principles they have learned. 

“The activities are crafted to be age-appropriate,” says Adjokatcher. “They’re designed to be challenging but also achievable, to boost the confidence and interest of kids. Interactive learning is the key. Educational concepts like puzzles, fill-in-the-blanks, role-playing scenarios – these get kids engaged. They make learning fun.”

They also enhance the retention of the financial concepts laid out in “The ABCs of Wealth Building”. The idea, says Adjokatcher, is to get kids actively engaged with the material, so that they develop a deeper understanding of the concepts. “And that means they’re more likely to apply those concepts in their own lives as they grow,” she explains.

Adjokatcher is keenly focused on the practical application of financial principles. Both her book and the upcoming workbook were created to encourage kids to think – think about the concepts, how they work, and how they can be applied in real life. For instance, budgeting exercises help them understand how to manage allowances or savings, while investment scenarios teach them the basics of making their money grow.

“I don’t expect a first-grader to be able to balance a checkbook,” Adjokatcher jokes. “But these concepts can be explained to young learners in a way that makes sense to them. For example – most kids have gone to the grocery store with a parent. They’ve seen the exchange of money. Laying it out in a simple, straightforward manner helps them grasp more complex ideas like banking or e-commerce.”

Both Adjokatcher’s book and the upcoming workbook align with educational standards, with the goal of complementing school curriculums in financial literacy. Adjokatcher’s tools provide educators with a valuable resource, since the book and workbook can be easily integrated into a classroom setting, making them versatile tools for both formal education and homeschooling.

“Parents and educators have a vital role in a child’s financial education,” says Adjokatcher. “We want to get these materials into schools. Barring that, we want them in the hands of parents. This is how we can get these discussions started between children and adults. We’re creating a platform for parents to share their financial knowledge and experiences, and that strengthens the learning process.”

Adjokatcher says that educators can use the workbook to create dynamic and interactive classroom activities that make financial literacy an engaging subject. She is already planning to supplement the workbook with workshops and interactive sessions, the latter of which will provide a live environment where children can explore financial concepts in greater depth, guided by experts. Workshops would also offer an opportunity for collaborative learning, where children can learn from each other’s perspectives and experiences.

“I’m determined to make the book and workbook widely accessible,” says Adjokatcher. “The idea is to democratize financial literacy. Kids from all different backgrounds can benefit from these resources. The workbook can be used in schools, libraries, after-school programs, and homes, making financial literacy a ubiquitous part of children’s education.”

“The ABCs of Wealth Building” is a powerful tool – really a game changer – in the field of financial education for young learners. Adjokatcher has bridged the gap between theoretical knowledge and practical application in a way that is fun and accessible for kids. Her workbook – to be released in January 2024 – will be accompanied by workshops that focus on teaching adults how to share this vital information with young students.

“I want to see the next generation full of financially savvy individuals,” Adjokatcher says. And her innovative approach to learning goes beyond just teaching kids to manage money. Tanisha Adjokatcher’s work empowers them with the skills and confidence to make informed financial decisions in the future. 

Learn more: https://financiallylitacademy.myshopify.com/pages/tanisha-marie

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