Success Requires More Than Just Practical Skills
3 Ways To Support Financial Literacy In Schools
Welcome to the next instalment of our Qnity Camp series, where we delve into the insightful discussions and valuable lessons shared during our virtual webinars. In this episode, we had the pleasure of talking to Stephanie Liebel from Paul Mitchell The School in Fort Myers,
Financial Literacy in Education
The focus of this Qnity Camp session was on the importance of financial literacy within trade schools, particularly for students pursuing careers in beauty and wellness. Stephanie, who serves as an education leader at her school, emphasized the critical need for financial education. She highlighted the prevalent gap in financial literacy, which often leads to high levels of money anxiety among students, and shared three key ways to support the successful implementation of financial literacy in beauty and wellness schools.
1. Implement Qnity’s MONEY EDU Curriculum
Stephanie’s school utilizes Qnity’s MONEY EDU curriculum. The program is structured into eight modules, each designed to address essential financial topics relevant to students' future careers. Stephanie has dedicated weekly sessions to this curriculum, ensuring that students consistently receive financial education. She described her method of combining the curriculum with practical exercises, such as the 9Grid tool, to facilitate engaging discussions about money.
2. Hold Weekly Financial Literacy Sessions
The weekly cadence of these sessions allows for a structured and continuous learning process. Stephanie believes that this regularity helps students retain information better and makes the topic less daunting. By reviewing previous lessons and introducing new ones systematically, she creates a supportive learning environment.
3. Engage Students
Engagement is a crucial aspect of Stephanie's approach. She encourages open discussions and personal sharing among students, which fosters a more comfortable atmosphere for talking about money. By sharing her own experiences and creating relatable scenarios, she helps demystify financial concepts.
Favorite Modules
When asked about her favorite MONEY EDU module, Stephanie highlighted the entrepreneurial module and the one on taxes. She believes that understanding the financial aspects of running a business is crucial for students who aspire to own their salons. The module on taxes, though often seen as tedious, is equally important for their financial independence and success.
Best Practices
Stephanie’s best practices for driving engagement include using visual tools like the 9Grid for goal setting and practical exercises. She also emphasizes the importance of storytelling and personal connection in teaching financial literacy. By making the topic relatable and less intimidating, she successfully maintains student interest and participation.
Conclusion
Stephanie Liebel’s session at Qnity Camp was a testament to the importance of financial literacy in trade education. Her practical approach, combined with a genuine passion for teaching, has made a significant impact on her students. As we continue to bridge the gap in financial education, educators like Stephanie play a pivotal role in shaping the financial futures of their students.
Stay tuned for more insights and stories from our Qnity Camp series, and watch Stephanie’s inspirational session during Qnity Camp 2024 now!