Since the inception of Junior Investors League, we have introduced economics exclusively to high school students. In the summer of 2016, JIL is excited to launch a new program named Project Outreach. We have teamed up with the Boys & Girls Clubs of Arizona to provide elementary and middle school students an education of personal financial management, whether it be saving money for college, running a simplistic bake sale, or even investing in securities. It's time for younger children to develop a comprehensive understanding of why our world relies on currency, and what they can do to earn it.
If you would like to learn more, please read below!
THe Structure of Project Outreach
There will be a total of six 1-hour lessons for a complete session. Our program will be a component of the Boys & Girls Club summer program available to students from sixth grade to eighth grade. If our program is not available at your local Boys & Girls Club, please contact us! Below are brief summaries of each lesson.
Lesson One: Making Money & SAVING UP
The United States of America, the land of opportunity, offers countless ways to make money. Students will learn different ways to earn cash, from running a short-term bake sale to getting a job.
- Starting a "business"
- Investment and it's risk
- The pros and cons of employment
- What's the value of one dollar?
But what to do with all the money? Sometimes it’s best to stash it away and save up for bigger and better things later on.
- The bank
- Rewards of saving
- Emergency cash
- Considering long-term benefits
Lesson TWO: Smart Spending
Paying for chocolate bars and video games vs. paying for popcorn and books. Students explore the perks of healthier and smarter alternatives, as well as the skill of comparative shopping.
- Necessities vs. wants
- Studying vs. playing
- The bargain seeker
- The dangers of impulsive spending
- Predicting future costs
LEsson THREE: Learning from Mistakes
Almost everyone knows Michael Jordan’s name, but often forget how much failure he endured. The most successful people in the world learn from their mistakes better than everyone else.
- Proof that mistakes lead to success
- The art of failing (accepting failure)
- Normal distress amongst excessive defeats
- Resulting growth and intellectuality
Lesson FOUR: Partners & Connections
Would you rather clean your room by yourself or clean your room with a friend? We explore why trusted partnerships are valued. Additionally, we’ll study the importance of making friends, and avoiding the creation of enemies.
- Resources and assistance from connections
- The mentor
- Building trust, making friends
- Breaking friendships if necessary (politely)
- Talk a lot, without being annoying
Lesson FIVE: Pursue your Dreams
Imagine waking up everyday before the alarm went off because you’re so excited to start your day at work. It's time to observe and reflect on the definition of the word "passion."
- The true definition of "passion" is up to you
- Fake passions
- Loving what you do (considering morality)
- Loving what you do, while also staying alive
- Why it can take a long time to discover your "passion"