Vault Brings Learning Up a Notch

Today we’re featuring a guest post from elementary student Natalie who earned her Vault – Understanding Money certification this spring. Natalie shares how the Vault program started out as just an assignment, but quickly became a valuable learning experience for her future. Congrats to Natalie for being one of our scholarship recipients!

Natalie

Student: Natalie
Teacher: Ms. Caterina
School: Mammoth Heights Elementary School
State: Colorado
Sponsor: Colorado Office of the Attorney General

My name is Natalie and I am 12 years old. EVERFI’s Vault was a life changer for me. I learned so much and had so much fun doing it! It took me a while, but it was worth it. I learned so much within the six lessons, but learned the most out of Responsible Money Choices, Income and Careers , and Planning and Money Management. At first I started out doing it for an assignment and ended up doing it for fun.

The first world within the program was about Responsible Money Choices. When I was about 10 or 11 years old, I started a savings account. I would earn the money and go to the bank to deliver it straight into my savings account. I stopped after a while as I yearned to go the mall or movies with my friends. I ended up almost using all my money except for the money in my savings account. When I started the Responsible Money Choices lesson on EVERFI, I started feeling guilty and ended up putting money in my savings account again. I keep a little money in my wallet for things I really need but the rest of my money goes in the savings account. I learned that having a savings account is an important thing and money isn’t meant to be wasted. I should also save my money now so that I can have it for the future. Such as college, or maybe even my career. I hope I never use all my money up again for silly things.

When I was done with the first world I was excited to see what was next. It ended up being the Income and Careers lesson. At first I didn’t know what income was, but as I continued through that activity’s lessons I learned that it is hard earned money through a career. A career is usually a passion that is turned into something that will be happening for the rest of a life. I first started out bored and confused but ended up learning that income is very important and is not just about making money. It is about making money and having fun doing it.

In the third lesson, Planning and Money Management, I learned so much. I have a very big structured brain, which means that I am very organized. Planning is a big part of your future. With my organized brain I am sure that I can take my knowledge to the next level. I can think about my money. I learned that it is the best time when you are around my age to start saving up and stop spending. That is why I started a savings account. It helps my organized brain think. I also learned that it can be so confusing to do taxes and checks. As I got deeper into Vault, I learned that can be quite simple.

EVERFI is such an amazing and really helpful tool. It helped me through some tough times. I hope everyone around the world uses EVERFI’s Vault. It may start out as an assignment, but will for sure turn out as a thing to do for fun. It brings learning up a notch and is very helpful for teachers. EVERFI is a life changer.

Teacher Feature: I am motivated everyday to see my students explore

At EVERFI, we know our best STEM advocates are our educators.

Today we’re featuring Ms. Scarfogliero, a science teacher at PS/IS 109 Glenwood Academy of Science and Technology in New York.

How do you implement EVERFI’s resources in your classroom?

I implement EVERFI’s resources in my classroom through the Future Goals – Hockey Scholar program.  This is my second year using the program in my 8th grade science classes.  Before Hockey Scholar, most of my students were unfamiliar with the game of hockey, and the entire program was a new experience for them.  My students loved it!  They obtain a great deal of STEM knowledge in each module and love competing to win trophies.  

 

Why do you use EVERFI’s resources?

I continue to use EVERFI’s resources to increase student motivation and engagement. Students are exposed to real life experiences and observe first hand the connection between science and sports. My students are always motivated to use the program to learn new content.   I like the ease of use EVERFI’s programs and differentiation the program adds to my classroom.  Hockey Scholar is easily accessible to all types of learners.  

 

How do you think technology will change education over the next 10 years?

I feel technology is the largest area for growth in education today.  Students are always on their phones or computers; we should harness that level of engagement and interaction into academic success.  EVERFI’s partnership has offered both a beneficial technology and additional interactive STEM component to my science classroom.  This partnership has also made a positive impact on my pedagogy. Technology fuels student excitement and successfully differentiates instruction.  Using the program to explore science, technology, engineering and math topics has helped my students to think critically, design, collaborate, problem solve, use the scientific method and learn about the engineering process.  I am motivated everyday to see my students explore new concepts and be passionate about science.  

 

What impact have these programs had on your classroom?

Over the past two years using the program, I have seen improvement in student motivation and understanding of many topics, including physical science topics such as force and motion.  The program has also exposed my students to different fields of science and sports as well as possible future career paths. Thank you for offering such a beneficial teaching tool!

 

Thank YOU, Ms. Scarfogliero!

 Ms. Scarfogliero

Laura Scarfogliero

Science Teacher

PS/IS 109 Glenwood Academy of Science and Technology

Learning Through EVERFI Has Settled Some of My Financial Worries

Today we’re featuring a guest post from student Miranda who shares her experience with EverFi – Financial Literacy and how she believes the program has helped her better prepare for life after high school. Congrats to Miranda for being one of our scholarship recipients!

Student: Miranda
Teacher: Mr. Keller
School: Oliver Wendell Holmes High School
State: Texas
Sponsor: MassMutual Foundation

There is no such thing as being 100 percent prepared for anything in life. In school we are taught how to write better, solve math problems quicker, and memorize scientific and historical facts longer, but we are never directly taught how to do important fundamentals of life. Often times I have heard stories from my friends who wish they would have known this or didn’t find out until it was too late, and it has made me wonder why aren’t students informed sooner? I believe the reason people are unsuccessful in their finances is not because they failed to prepare themselves for future circumstances, but rather they simply were not given the tools to know for themselves. EVERFI is the tool that can and does help numerous students transition securely into their new financial circumstances. The three topics I believe will help me directly after high school are higher education, credit scores, and investing. By understanding these three topics better, I feel more prepared and assured in myself to increase my financial stability for the future.

Learning about higher education, credit scores, and investing through EVERFI has settled some of my financial worries by exposing me to various paths and helping me to choose the best ones for me. The higher education portion of the module has made me feel better prepared on how to pay for college. Understanding how my FAFSA provides a personalized limit on money I can use toward college, how filing for subsidized loans is a better choice, and how to get more grant and scholarship opportunities has benefited me in organizing a suitable way to pay for college. This section taught me how to handle my payments and debts for college in a way so that once I graduate, I will not feel overwhelmed or stressed like many other graduates often do.

Before using the module I didn’t know the advantages and disadvantages of having a credit card nor how it could effect my credit scores. I will now be encouraged to pay my future credit bills on time so that credit lenders will know I am dependable; furthermore, making me eligible to receive loans in the future. The investment section taught me how it’s better to prepare for situations that are years ahead rather than months away. I’ve learned that bonds are loans to business and are safer choices than stocks where the profit I earn fluctuates along with success of that particular business. I now know undoubtedly by saving more today I can enjoy the benefits tomorrow .

I appreciate this module for teaching myself, alongside many other users, how to not be afraid of our future responsibilities. I believe that the reason so many people stress over their finances is because they don’t know what to expect. This module may not take care of all of the financial burdens people face, but it does help to educate and prepare them for when situations arise.

Future Goals STEM Scholarship Winners

 

Announcing the winners of the Future Goals STEM Scholarship!

More than 1,000 students across the country submitted entries for our Future Goals STEM Scholarship competition! We were blown away by students’ stories detailing how The Future Goals Program helped them learn important STEM skills and career opportunities. Thank you to all of the students and teachers who participated.

Congratulations to the winners who will each receive a $1,000 529 College Savings Scholarship to help fund their STEM educations:

Mallory S, Oblock Junior High School, PA
Caitlyn Z, Whitt Fine Arts Academy, TX
Natalie M, Garrett Junior High School, NV

Celebrating w!se Personal Finance High School Winners

Working in Support of Education (w!se) released its annual ranking of the 100 Best w!se High Schools Teaching Personal Finance. We are thrilled to recognize more than half of the designees are EverFi partner schools utilizing the EverFi – Financial Literacy for High School resource during the 2016-2017 school year!

In addition, to commemorate the fifth anniversary of the “100 Best” ranking, w!se awarded the Silver Anniversary Cup to the highest performing schools for the past five consecutive years. Four of five winners are EverFi partner schools:

    Aviation High School –  New York City, NY

Holston High School – Damascus, VA

Passaic County Technical Institute – Wayne, NJ

Utah County Academy of Sciences – Orem, UT

Congratulations to all 100 schools, and thank you for your commitment to financial education!

FutureSmart Taught Me How to Achieve My Dream Life

Today we’re featuring a guest post from student Mateja C who explains how FutureSmart helped her learn tricks for shopping wisely and putting that saved money toward college planning. Congrats to Mateja for being one of our scholarship recipients!

                         Mateja C

Student: Mateja C
Teacher: Andrea Konrath
School: Berlin Middle
State: Wisconsin
Sponsor: MassMutual Foundation

The FutureSmart course taught me how to achieve my dream of being a nautical engineer. I love ships and the ocean, especially when I was really young (I wanted to be a pirate), and would love even more to one day design ships. Now my dream could become a reality. The first step to reaching that dream would be to get a college education. College is expensive, which means you have to find ways to save as soon as possible, along with researching different colleges that have a degree in the field I want.

FutureSmart taught me ways to save money on purchases. Just like the kid remodeling his bedroom in the course, I would have to first find price discounts and coupons. That way I can make sure I am getting the best deals. I also know how to tell how biased the source is, which is an important skill. In addition, FutureSmart taught me to make sure I am getting the quality I am paying for. An example within the course helped me see that if something is especially cheap, chances are it is not worth paying less for, since you may spend more in the long run. Thanks to what I learned at FutureSmart, I can put that money towards college, rather than useless items and unnecessary money spent because of lack of saving knowledge.

Saving for a good education isn’t all that I learned from completing the FutureSmart course, though. I am learning how to speak in Norwegian right now because I want to travel to Norway someday. In the FutureSmart course I learned to create a budget for my trip. Unless, of course, if I was going to live in Norway. Then I would just need to save for a plane ticket. The FutureSmart course educated me on how to plan financially for my trip. Furthermore, FutureSmart taught me ways to save the money: Saving money from my job(s), and, as I earlier stated, not spending unnecessary money.

FutureSmart also taught me how to achieve my dream life. Although I have no elaborate plans for my dream life, what I learned would still help enormously. I know necessities before luxuries. An example for what I learned would be: My first priority while going shopping would be a lamp to better do my homework by and my last priority would be a brand-name sweatshirt. Most kids can’t tell the difference between their needs and wants. The FutureSmart course taught me not to fall into that category of kids. Even though my dream life is simple and doesn’t involve anything overly elaborate, I can teach others what I learned. If someone was to say, “I need to buy a house so I have some sort of shelter,” they’d be completely correct and I would not contradict them. But had they said, “I need to have the absolute largest mansion made completely out of gold and silver,” I would correct them in saying that is a want, not a need. If they had taken the FutureSmart course, though, I would not have to even tell them that, since they’d have learned it already.

Congratulations – Spring Scholarship Contest Winners!

A huge thanks to the 1,100+ students who participated in the 529 College Savings Scholarship competition! We loved learning how EverFi’s financial education courses have had a positive impact on these students’ lives, and we look forward to sharing a few of those thoughtful and inspiring stories in the coming weeks.

Congratulations to the winners who will each receive a $1,000 529 College Savings Scholarship!

Miranda, Oliver Wendell Holmes High School, Texas
Natalie, Mammoth Heights Elementary, Colorado
Gina, Wallenpaupack Area High School, Pennsylvania
Edgar, Jefferson High School, Illinois
Lauren, Bradley Central High School, Tennessee

FutureSmart Taught Me to Create a Financial Plan for My Future

Today we’re featuring a guest post from student Grace K who shares how FutureSmart helped her see that being prepared with a financial plan will allow her to achieve her ambitious career goals. Congrats to Grace for being one of our scholarship recipients!

Grace K

Student: Grace K
Teacher: Danielle Cunningham
School: Falls Lake Academy
State: North Carolina
Sponsor: MassMutual Foundation

“You said you have a dream…That dream…Make it come true! Make your wonderful dream a reality, and it will become your truth! If anyone can, it’s you!” -Pokémon

My name is Grace, and I am currently a student at Falls Lake Academy. Being a student means that college and real world experience are not far away, so there is a great encouragement to look towards my future in order to be well prepared. The eloquent quote above elucidates the importance of setting goals and believing in where they can take you.

I have many goals, dreams, and aspirations, but I’m going to need tools to propel me towards success in my career, financials, and other important aspects of life. I recently acquired some tools from the online resource FutureSmart. FutureSmart taught me vital skills such as saving money for large expenses, choosing a career that is enjoyable and provides good benefits, and how to invest in your interests to maintain both a healthy financial life and life of personal achievement. 

My biggest dream is to one day win the Nobel Prize in Physics and to find a cure for diabetes and cancer. This is because cancer and diabetes have impacted my family directly and countless others. With such lofty goals, there will be many steps along the way to get there. The only way to have my dream to become a reality is to work hard and focus on getting a spectacular education.

To accomplish this goal, I used the FutureSmart Lesson #4 “Investing in You” to learn how to best prepare for schooling in the future. My dream school is Princeton University for undergraduate education and Harvard University for my doctoral and post-doctoral education. Being out of state, the tuition will be quite high, so saving now is very important. It is also vital to talk to my school counselor to figure out about what scholarships and financial aid will be available.

After college, my goal is to become a physicist for NASA. However, in planning my career as a physicist, I learned that it is important to make sure that my job has good benefits and insurance. Due to my health issues, medical insurance will be especially important.

For housing, my wish is to live in a nice house in an urban area and have both home and auto insurance. Insurance is something I learned about in FutureSmart Lesson #6: Your Financial Future, be prepared! If something unexpected were to happen, being prepared could save money that can be used in the future. My want for having a successful career and not have to worry about money dictates that it is imperative to begin saving now, especially for college and retirement. You cannot plan for everything in life, but it is necessary to be prepared for the things that can be controlled, such as financial management. These vital skills are ones that I learned from FutureSmart.

Learn more about the FutureSmart financial education course: https://everfi.com/k12/future-smart/

I Started a College Savings Account because of Vault

Today we’re featuring a guest post from Nebraska student Diandra P who shares how Vault – Understanding Money™ helped her develop the skills and confidence needed to make smart financial decisions. Congrats to Diandra for being one of our scholarship recipients!

Diandra P

Student: Diandra P
Teacher: Jackie Hinrichs
School: Giltner High School
State: Nebraska
Sponsor: Nebraska Educational Savings Plan Trust (NEST)

Many people have dreams for the future. Some kids want to grow up to be doctors, while others want to be firefighters. Personally, I want to go to college in a big city and eventually work as an editor for a popular newspaper or magazine.

But how many of us actually know how to reach our goals? It can be pretty confusing trying to navigate the adult world of money and life-changing decisions. Luckily, there’s a program out there to help us achieve our goals. It’s called Vault – Understanding Money. Through Vault, I learned about making responsible money choices, as well as about income and taxes.

Vault taught me a lot when it comes to making smart financial decisions. I now understand the importance of saving my money and tracking my spending habits, which are both important skills I am using to plan for the future. I set up a savings account to help pay for college, and am practicing writing down everything I buy to control my spending. I feel great knowing that I am already a step ahead of the game when it comes to paying for tuition.

I also learned about all the different people I have available to talk to when I have a question about money. I took the advice of Vault and talked to my parents about money, and I’m glad I did. The more financial information I get, the more confident I feel about my ability to be be successful in today’s society.

In addition to learning how to make monetary decisions, Vault taught me about earning income and taxes. Besides all of the ways I can earn money as an adult in a few years, the program also introduced me to ways that kids like me can make money now. I’m funding the savings account I set up for college by detasseling and babysitting, and I’ve encouraged my friends to do the same. Working has proved very worthwhile for me. Besides the weekly paychecks I receive, my jobs have rewarded me with many new friendships, connections, and life lessons, which I’m sure will prove mighty useful in years to come. Of course, the creators of Vault knew that you can’t teach kids about means of income without also teaching them about the major responsibility that comes along with earning money – paying taxes. Vault showed me that it is very important for me to pay taxes so that our country is still beautiful and safe when I’m a hard working, prosperous adult.

Maybe I’ll change my mind within the next few years and decide that I don’t want to be an editor, and that’s okay. I’m just a kid; I don’t have to have my whole life figured out already. But there’s one thing I am certain about – I know that whatever I decide to do, I’ll be well prepared to achieve my goals because of Vault, where I learned about making educated financial decisions, earning money and paying taxes.

Vault Taught Me How to Save and Spend Wisely

Today we’re featuring a guest post from student Shannon W who shares how the skills and knowledge she gained from Vault – Understanding Money™  will help her reach her financial goals of owning a house and supporting a family. Congrats to Shannon for being one of our scholarship recipients!

Student: Shannon W
Teacher: Kelly Barger
School: New Market Middle School
State: Maryland
Sponsor: MassMutual Foundation

It’s 5:00 P.M., and two kids come running toward their mother, a boy and a girl. They envelope her in hugs as she brings in the mail. There are bills to pay and catalogs for the kids. The father comes in, noticing the huge stack of bills piled up on the table. “I bet you’re glad we didn’t get that extra-large TV for the kids,” he says. The mother nods, realizing how her choice to save that money was a benefit to her financial stability. They had just bought a new house, one with a big backyard for the kids to play in, with a large, open kitchen for the mother to do her cooking in. The two kids were growing up fast, and the mother knew that this house, along with their new minivan, would be perfect to grow into. It had taken a long time, months maybe, to find the perfect house that fit their budget and their family. The mother was glad that she had paid attention in class all these years and knew how to make successful financial choices.

This is not just a story, this is how I see my future. I dream of having a happy life, being married, and having children. I know that these dreams can come true if I make good social and financial choices in the years to come. Completing the Vault – Understanding Money program in EverFi has been an essential step in my path to achieving my dream of owning a house and supporting a family.

Something that parents need to prioritize when involving money is the concept of wants and needs. In Vault, I learned that it is okay to spend money on things that you want every once in awhile, but it is essential to prioritize what you need to do with your money first. Needs include food, clothing, and shelter. Vault has greatly helped me understand the difference between these two financial factors.

Buying a house is a major step that causes difficulty for most young parents. I have the knowledge to help avoid these difficulties because of Vault. Vault taught me that you need to have good credit in order to get a loan on a house. I know that in order to buy a house, I will have to prove that I am a responsible borrower and can always pay for items on time.

In order to have enough money for a house, I will need to know how to stick to a budget. Vault showed me that a budget needs to list different needed expenses and how much money will be used on each expense. This organizational structure helps prevent overspending and will help me be more responsible with how I use my money. This is important to my future because if I am not careful with my money, I will not have enough money to buy the items that my family will need, such as a house, a car, healthy food, and clothing. Learning how to be financially literate on Vault has prepared me to use my money wisely to support my future.

 

Learn more about the Vault financial education program: https://everfi.com/k12/vault-understanding-money/