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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. Allison Fambro says

    August 23, 2011 at 5:01 am

    I subscribe via email

  2. Allison Fambro says

    August 23, 2011 at 5:03 am

    I now follow via facebook

  3. Sarah says

    August 23, 2011 at 5:12 am

    Count me in!

  4. Sarah says

    August 23, 2011 at 5:12 am

    Facebook follower

  5. Sarah says

    August 23, 2011 at 5:12 am

    And also RSS subscriber – thank you!

  6. Angie says

    August 23, 2011 at 5:15 am

    sounds good!

  7. Chris says

    August 23, 2011 at 5:15 am

    I have taken FPU and I give Dave Ramsey and lot of credit for getting my husband and I out of debt. I would love for my kids to start now learning about financial peace instead of waiting.

  8. Carrie says

    August 23, 2011 at 5:18 am

    I follow on Facebook!

  9. Carrie says

    August 23, 2011 at 5:19 am

    I subscribe with email!

  10. Angela Atchison says

    August 23, 2011 at 5:30 am

    I would love to have this curriculum to teach my children financial responsibility.

  11. Sheila W says

    August 23, 2011 at 5:30 am

    I would love to win! Thanks for the givveaway!

  12. Sheila W says

    August 23, 2011 at 5:30 am

    I subscribe via email!

  13. Sheila W says

    August 23, 2011 at 5:31 am

    I follow you facebook!

  14. Giovanna says

    August 23, 2011 at 5:39 am

    I love to get this curriculum for my kids and myself personally. I myself have lots to learn when it comes to personal finance.

    Thank you for this opportunity!

    God bless!

    Gio.

  15. Robin says

    August 23, 2011 at 5:52 am

    I subscribe by email. And I love Dave Ramsey.

  16. Gabriel M. Smithson says

    August 23, 2011 at 5:56 am

    I would love to win this program from Dave Ramsey. I have read several of his books, and I'll bet this program will help to teach our children how to be financially responsible from the get go. They should be teaching this in public schools too.

  17. Susan Harris says

    August 23, 2011 at 6:09 am

    I am excited to learn about this curriculum as I have been a Dave Ramsey fan for years!

  18. Amanda @ ThePelsers says

    August 23, 2011 at 6:11 am

    We love Dave Ramsey. My kids are little, but I have a friend homeschooling high schoolers who'd love this if I won it.

  19. Amanda @ ThePelsers says

    August 23, 2011 at 6:12 am

    I follow by RSS.

  20. Amanda @ ThePelsers says

    August 23, 2011 at 6:12 am

    I follow on FB.

  21. Jenni Peters says

    August 23, 2011 at 6:14 am

    What an awesome giveaway! A great way to help give kids a good start financially!

  22. Kris says

    August 23, 2011 at 6:14 am

    Would love this! My pastor did a whole series on finances 3 or so years ago- what a blessing! The kids were too little to get it, and now I sure could use some help teaching them.

  23. Jenni Peters says

    August 23, 2011 at 6:15 am

    I follow through RSS

  24. Jessica says

    August 23, 2011 at 6:17 am

    This would be a great!! Teaching kids about money, the value, the savings is so hard, but yet so helpful and not to mention I love Dave Ramsey!

    I subscribe by email and Thank you for the opportunity!!

  25. Patricia says

    August 23, 2011 at 6:21 am

    As a young adult I was oblivious to the need for financial planning. Fortunatley, I got control before it was too late. This is exactly the kind of course I want both of my children to take and understand.

  26. Patricia says

    August 23, 2011 at 6:25 am

    I now follow you on facebook too!

  27. Joanna says

    August 23, 2011 at 6:28 am

    We would love the chance to win this! We LOVE Dave Ramsey! 🙂

  28. Joanna says

    August 23, 2011 at 6:28 am

    I follow via email.

  29. Monica says

    August 23, 2011 at 6:30 am

    I have been eyeing this set for a couple of years now and just haven't been able to afford it. We love Dave Ramsey and his philosophies! We have been following him since 2006 and he has changed our lives for the better!

  30. Shera says

    August 23, 2011 at 6:32 am

    I am super curious to see this curriculum. I think this is very important for kids to learn before leaving highschool. I wish I had had this training!

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