Welcome To Esperanza Elementary Blog

I want to give you a special welcome to our Esperanza Elementary blog as we take our journey to found the school of our dreams. I invite you to visit us often and offer any ideas, thoughts, suggestions, questions, comments, etc. you might have.

Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Monday, April 1, 2013

Investment

Stephen Krashen: 
 
Sent to the Japan Times, March 31, 2013.
English: A suggestion
The Japan Times has it right: Money should be investing in teaching English, not testing it (“Testing English versus teaching it.” March 31).
Here is a suggestion that will save money and give excellent results. Instead of investing money on expensive standardized testing, invest in English libraries, filled with interesting and comprehensible reading material that students are really interested in reading, including novels, graphic novels, and comics, magazines. Research done throughout the world confirms that those who read more read better, write better, have larger vocabularies and more control of complex grammar. Research also strongly suggests that doing a great deal of “light reading” provides the competence that makes “heavier” and more “serious” reading more comprehensible.
This is true in first language and second language, and is one of the most widely replicated results ...in educational research.
Of great interest to Japan is the fact that a good deal of some of the compelling research in this area has been done in Japan, with Japanese adults acquiring English as a foreign language: Professor Beniko Mason of Shitennoji University has confirmed this result in many studies done over the last few decades. Here most recent studies show that those who do mostly or even only self-selected reading in English made outstanding progress on standardized tests such as the TOEIC and TOEFL, gaining far more rapidly than those who do traditional study.
Stephen Krashen

Saturday, July 28, 2012

Financial Literacy

20 things kids should learn about money

Here are the 20 basic things that young people should learn about financial literacy — as recommended by the President’s Advisory Council on Financial Capability.
The council, named in January, recently released “Money as You Grow,” personal finance lessons for kids — and everyone else who doesn’t know how to live financially smart.
You can see the entire program here, complete with activities, but following are the 20 basic points that the council says everyone should know, along with the ages at which students should learn them.
3-5 Years Old
1. You need money to buy things.
2. You earn money by working.
3. You may have to wait before you can buy something you want.
4. There’s a difference between things you want and things you need.

6-10 Years Old
5. You need to make choices about how to spend your money.
6. It’s good to shop around and compare prices before you buy.
7. It can be costly and dangerous to share information online.
8. Putting your money in a savings account will protect it and
pay you interest.

11-13 Years Old
9. You should save at least a dime for every dollar you receive.
10. Entering personal information, like a bank or credit card
number, online is risky becausesomeone could steal it.
11. The sooner you save, the faster your money can grow from compound interest.
12. A credit card is like a loan; if you don’t pay your bill in full
every month, you’ll be charged interest and owe more than you originally spent.

14-18 Years 0ld
13. When comparing colleges, be sure to consider what each school
would cost you.
14. You should avoid using credit cards to buy things you can’t afford to pay for with cash.
15. Your first paycheck may seem smaller than expected since money is taken out for taxes.
16. A great place to save and invest money you earn is in a Roth IRA.

18+ Years
17. You should use a credit card only if you can pay off the money owed in full each month.
18. You need health insurance.
19. It’s important to save at least three months’ worth of living expenses in case of an emergency.
20. Always consider two factors before investing: the risks and the annual expenses.

Friday, May 11, 2012

Pursuing What We Love

“You can only become truly accomplished at something you love. Don’t make money your goal. Instead pursue the things you love doing and then do them so well that people can’t take their eyes off of you.” -- Maya Angelou
 


This is what we want to do at Esperanza!