I originally wrote this curriculum for my eldest daughter and used it for her and her brother when they were doing homeschool high school. It was first published in 2003. We added to it and used that second edition (2006) for our youngest daughter when she was a homeschooled teen.
Homeschooling parents continued to buy the curriculum all these years, but over time I started thinking about how it needed to be updated. Two years ago, I began that work, but a serious illness with hospitalization interrupted my efforts. Just about the time I began regaining my strength, my husband was hospitalized with the same illness. So we had some hurdles, but thank God we’re doing better and we were able to finish the third edition of Life Prep just in time for the June 1 publication date.
It’s a lot bigger now! There are six new projects:
Debt Penalty Project
Debt Calculator Project
Student Loan Project
Checking Account Project
Debit Card Project
Bank Safety Project
Other features of this updated and expanded edition include:
The new “Work or College?” section helps you determine if your teenager is “college material.” Given the tremendous increase in college costs over the past 14 years, you can’t afford to miss that section. Another new feature of that section shows you and your teen how to research potential careers to determine which ones are financially viable.
I’ve added two terrific books to the Reading List: The Treasure Principle and George Muller: Man of Faith and Miracles.
The Financial Freedom project has been updated to reflect current prices, and the Health Insurance Project has been updated with regards to the Affordable Care Act.
The curriculum gained 34 pages and now has color illustrations.
Seven years ago, Life Prep for Homeschooled Teenagerswas first published. Since then, I’ve gotten many email messages from readers who used the curriculum with their kids and were pleased with it.
Sadly, I’ve also been asked why I chose to include girls in my target audience for the book.
Now, I realize that many homeschoolers are even more conservative than I am, enough so that they plan to keep their daughters at home until and unless they marry. But to keep them in the dark about financial matters seems so misguided to me. Continue reading →
It’s the true story of a young newlywed couple who has been married for less than two years, has no debt and has $50,000 in savings, all due to their joint effort to manage their money responsibly.
He has a college degree, and she has a one-year technical degree. Both worked their way through college and graduated without debt. Their goals for the future include a large family, a paid-off house and ample donations to missions. What a great example for all young people!
Money Matters is published by Crown Financial Ministries, the organization that Larry Burkett helped start. Listening to Larry Burkett’s Christian financial radio show helped encourage my husband and me as we worked toward becoming completely debt-free, a goal we achieved (not on our own, only with God’s help!) in 2002. Do check out Crown’s sitewhile you’re there.
Funny how using Life Prep has been a different experience with each of my children.
Our eldest was very eager to get out on her own, so we emphasized the rent, food and utilities projects over the others. Our son was completely college-minded, so we stuck to more reading and less projects. Dd17 is not in a big hurry to be out on her own, but she’s not sure about college either (she’s already racked up a few credit hours and isn’t sure if she wants to keep going), but she really gets into all of the projects.
She has run a couple of small businesses, so she understands the need to watch your expenses and make prudent choices. She seems to really get into studying how loans work, and how you can save a lot of money by prepaying them.
While working on the projects from the book, she enjoyed playing with some online financial calculatorsat Bankrate.com. They’re wonderful! I plan on adding mention of them to the next edition of the book when we update it again in a few years.