Banking, taxes, installment buying, mortgage loans, etc., are taught in Consumer Math. The Economics class has a unit on stocks and investments. And in the developmental guidance program, students learn about budgeting, credit card use, tithing to the church, employment opportunities and sources of income. Community members speak about budgets, bank accounts, insurance, taxes and other financial topics, and they also interview and hire applicants. Meanwhile, parents charge children for rent, food and utilities.
Students can earn bucks to add to their checking and savings accounts.
At a monthly auction, students can sell items to earn more bucks or buy items with the bucks they've saved. They must research the companies and are assessed brokerage fees when they buy and sell. Students maintain daily accounts of their financial position. Return to AAL's Home Page . Products of Aid Association for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements.