Page 39 - Payne Research Center ~ Money Matters

P A Y N E C E N T E R . OR G
Insight
To help students navigate the complexities of the financial information landscape and make sound financial choices, the Financial Well-Being course could incorporate exercises that more explicitly cultivate essential 21st-century skills. Such skills include building awareness, asking good questions, critically evaluating information, and advocating for oneself.
In light of the challenges posed by the complex and often unreliable nature of online financial information, it is crucial for the Financial Well-Being course to equip students with the 21st-century skills necessary to navigate this landscape effectively. These skills go beyond basic financial literacy and include the ability to critically evaluate information, identify potential biases, and advocate for oneself when making financial decisions.
For example, the course could incorporate exercises that teach students how to identify the source of financial information, assess its credibility, and distinguish between factual information and opinions or advertisements. It could also provide students with strategies for asking effective questions when seeking financial advice and for advocating for their own financial interests when dealing with financial institutions or service providers. By developing these skills, students can become more discerning consumers of financial information and make more informed and confident financial decisions.
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