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You are here: Home / Homeschooling / Curriculum / Foundations in Personal Finance (Review of Dave Ramsey's Homeschool Curriculum)

Filed Under: Curriculum · Reviews · Personal Finance

Foundations in Personal Finance (Review of Dave Ramsey's Homeschool Curriculum)

Earlier this summer I received an email from Dave Ramsey's public relations coordinator telling me about Dave's personal finance curriculum Foundations in Personal Finance. Since Jaden is starting high school this year, I jumped at the chance to do a review of the curriculum.

I also asked at the same time if I could hold a giveaway so one of my readers could receive the curriculum for free as well.

*** GIVEAWAY CLOSED *** Foundations in Personal Finance Curriculum Giveaway

The winner of this giveaway will receive one copy of Foundations in Personal Finance High School Edition Homeschool Pack. The giveaway is open through Sunday, August 28 at midnight Central Time after which time I'll randomly select a winner. Sorry, but the giveaway is only open to U.S. residents.

To enter the giveaway, simply leave a comment on this post.

For extra entries, do the following:

  1. Leave a separate comment if you subscribe to Five J's by email and/or RSS.
  2. Leave a separate comment if you follow Five J's on Facebook.

Curriculum Review

Foundations in Personal Finance includes a set of 4 DVDs, a Teacher's Guide CD-ROM, and a student workbook.

The curriculum is divided into 12 lessons and includes over 14 hours of Dave teaching on video. Foundations in Personal Finance is intended to be taught as a one-semester course (1/2 credit for high school).

Each DVD covers one unit in the following subjects:

  1. Saving and Investing
  2. Credit and Debt
  3. Financial Responsibility and Money Management
  4. Insurance/Risk Management and Income/Careers

The Teacher's Guide CD-ROM includes syllabi for both 45-day and 90-day courses. (We're personally following the 45-day syllabus, doing the class 3 times a week for about an hour a day). The CD-ROM also includes tests, answer keys, and additional activities that coordinate with the lessons.

The 224-page student workbook includes fill-in-the-blanks that the student completes while watching the DVD lessons. It also includes lesson reviews, personal finance forms, and Ask Dave case studies.

You can see samples from the DVD, Teacher's Guide, and student workbook.

What the Curriculum is Like

If you've ever attended a Dave Ramsey LIVE! event or his Financial Peace University classes, you'll find that the lessons are taught in a similar manner, where Dave is teaching a crowd of students of all ages. However, throughout the lessons, the DVD cuts away to added content where Dave applies the concepts to teens.

Throughout the curriculum, students not only learn about debt, credit, investing, and other important financial concepts, but they also learn about the Baby Steps, which are the backbone of Dave's teaching. From the very first lesson, students learn the 7 Baby Steps. Case studies in the tests even offer situations which the students need to answer in light of the Baby Steps.

Pros

  • Dave presents the content so that it's fun and very understandable. Students don't get lost amid enigmatic financial terms.
  • Very little (if any) teacher prep is required.
  • Tests and assessments are provided for you. And often the tests don't just rehash exactly the same wording from the lessons; students must understand the concept to answer the questions correctly.
  • Students don't just learn about basic financial concepts. They learn how to take control of their present and future personal finances and avoid debt through understanding the Baby Steps. You might say that Dave also teaches a philosophy of personal finance.
  • Since the DVD part of the curriculum is non-consumable, you can used it with multiple children. (Additional workbooks are only $12.50.)

Cons

  • The curriculum activities were originally written for a classroom of students, so some of them can't be done easily in a homeschool setting.
  • The majority of the DVD content comes from Dave's Financial Peace University DVDs, so there is not a lot of difference if you already own the FPU curriculum. (The workbook, however, is written specifically for this high school curriculum.)
  • Some families may not like the hard-line approach Dave takes about avoiding debt.

Do I recommend the curriculum?

Absolutely! We've only just started Unit 2, but I'm so incredibly impressed with it. Dave makes the most intimidating financial concepts understandable, and my children are learning so much. And better yet, my kids are learning Dave's Baby Steps, which will help keep them on the right road financially now and in the future.

Disclosure: I received this curriculum for free in exchange for my honest review. My opinions are entirely my own.

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Comments

  1. LaShae Grottis says

    August 24, 2011 at 12:04 am

    I am an email follower.

  2. LaShae Grottis says

    August 24, 2011 at 12:10 am

    I follow your Facebook page.

  3. Kathryn says

    August 24, 2011 at 1:21 am

    WOW! This would be so awesome to win! Lots of knowledge here!

  4. lisa says

    August 24, 2011 at 5:11 am

    I'd like to enter the giveaway contest. Thanks First-time visitor. Like what I see!

  5. Jan says

    August 24, 2011 at 6:20 am

    We would love to win this as I am sure it would help the whole family not only our home school children.
    Thanks for the chance to participate.
    Jan

  6. Paulette says

    August 24, 2011 at 6:51 am

    Dave Ramsey makes so much sense — this would be great to win!

  7. Paulette says

    August 24, 2011 at 6:52 am

    I subscribe to FiveJ's by e-mail.:-)

  8. Jenae says

    August 24, 2011 at 7:28 am

    I'm a FB follower. 🙂

  9. Talysa says

    August 24, 2011 at 7:29 am

    Debt free and on a 15 yr mortgage thanks to Dave and the grace of God. 🙂

  10. Talysa says

    August 24, 2011 at 7:29 am

    subscribe to your blog

  11. Talysa says

    August 24, 2011 at 7:30 am

    follow on facebook

  12. Brook B. says

    August 24, 2011 at 7:52 am

    We would love to win this. Thanks for sharing!

  13. Heather Hespe says

    August 24, 2011 at 8:08 am

    Would love to have this for our children….our son is ready for it!!!!

  14. Kim says

    August 24, 2011 at 8:08 am

    This seems like a great course to do with other families….a means to educate all of us on finances (maybe the president & congress should join us:), a means to reach those outside the faith, and social networking, all in one spot! I hope I win!

  15. Heather Hespe says

    August 24, 2011 at 8:10 am

    Would love to have this for our son and then our daughters later.

  16. Jerri Richards says

    August 24, 2011 at 8:38 am

    I just discovered your site from homescoolers notebook. Wow! I love it! I have been following Dave Ramsey's
    radio show and have been helped tremendously. This year we are trying to implement those principles to our children in our homeschool – but we don't have an exact guide to go by. Just gleaning from what we've learned in the past. It would be amazing if we received Dave's curriculum and a definite answer to prayer. I would love to help our children AVOID some of the same mistakes we made!

  17. Kym says

    August 24, 2011 at 8:41 am

    This looks fantastic! Thanks for the chance to win.

  18. kelly says

    August 24, 2011 at 9:02 am

    My husband has been a Dave Ramsey follower for years after reading his book. Such important information to pass on to our children at an early age.

  19. christie says

    August 24, 2011 at 9:27 am

    This will be my first step in raising a financially responsible citizen for the future! Thank you for the opportunity.

  20. Linda says

    August 24, 2011 at 10:10 am

    I would love to win this. The financil peace seminar was excellent!

  21. Linda says

    August 24, 2011 at 10:13 am

    I follow you by email and facebook. I'd love to win!

  22. Beth Martin says

    August 24, 2011 at 10:54 am

    This would be such a blessing to us! We have four teenagers who are beginning to learn about the real world of finances – paying bills, having a checking account, etc. What a great way to educate them to prevent financial mistakes!

  23. Beth Martin says

    August 24, 2011 at 10:56 am

    This would be such a blessing to us! We have four teenagers who are beginning to learn about the real world of finances – paying bills, having a checking account, etc. What a great way to educate them to prevent financial mistakes!

    Thanks for making this offer available! I follow you on all three media types!

  24. Lynn says

    August 24, 2011 at 11:11 am

    I would love to use this with my 9th grader.

  25. Melissa says

    August 24, 2011 at 12:38 pm

    Love Dave Ramsey! Would be great for my son!

  26. marybeth @ babygoodbuys.com says

    August 24, 2011 at 1:02 pm

    I'd love to win this!

  27. marybeth @ babygoodbuys.com says

    August 24, 2011 at 1:02 pm

    I follow you on Facebook! Marybeth Hamilton

  28. Shantell says

    August 24, 2011 at 1:34 pm

    I would absolutely love to win this finance curriculum! I want my children to do better than I did with my finances. They need this knowledge to have some leverage in this crazy economy! My kids are in grades 7-9. I foloow you on Facebook.

  29. Lisa Gibbs says

    August 24, 2011 at 2:06 pm

    I would love to do this with my 14 and 17 year old children!

  30. Lindy says

    August 24, 2011 at 3:22 pm

    Dave Ramsey has good stuff, and though I just found your blog today, I've already managed to laugh out loud a few times at various entries and especially LOVE the "you know you're a homeschooler when…" post! Thanks for blogging!

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