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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. Sue Klingseis says

    August 23, 2011 at 8:30 am

    I greatly admire Dave Ramsey!

  2. Heidi Marques says

    August 23, 2011 at 8:33 am

    I follow you on facebook!

  3. Heidi Marques says

    August 23, 2011 at 8:33 am

    I'm also an email subscriber 😀

  4. Julia says

    August 23, 2011 at 8:38 am

    My adult son and his wife used Dave Ramsey's teachings to get out of debt. I'd like to use this with my 3 remaining children at home to teach them sound financial principles.

  5. Kris says

    August 23, 2011 at 8:40 am

    This would be great!

  6. Kelly says

    August 23, 2011 at 8:58 am

    I would love to win! Thanks for the offer and your great review!!

  7. Trinity says

    August 23, 2011 at 9:07 am

    Wow I didn't know this existed. What a great program (Email subscriber)

  8. Beth Braun says

    August 23, 2011 at 9:09 am

    I subscribe via email and am enjoying your site!
    My husband and I went through Dave's Financial Peace University course earlier this year and it contains valuable lessons regarding finances. We were hoping to take the kids through this very course you are offering in this giveaway…so count us in!

  9. carrie hahn says

    August 23, 2011 at 9:11 am

    I follow you on email and would love to try out this program. I have a friend who uses it and loves it!

  10. Blossom says

    August 23, 2011 at 9:18 am

    I would be thrilled to win this!

  11. Blossom says

    August 23, 2011 at 9:19 am

    I subscribe to Five J's via email (that's how I heard about this!)

  12. Blossom says

    August 23, 2011 at 9:20 am

    I Like Five J's on FB (nlhome)

  13. amyjean says

    August 23, 2011 at 9:23 am

    This is awesome! Dave R. is wonderful, so is your blog, Joy!!!

  14. Claire says

    August 23, 2011 at 9:27 am

    What a great giveaway! We need all the help we can get! Mr. Ramsey is awesome!

  15. Amanda says

    August 23, 2011 at 9:36 am

    I would love to win this curriculum for my kids. Thank you for an opportunity to win this great product!

  16. Amanda says

    August 23, 2011 at 9:37 am

    I also follow you through your emails.

  17. Jamie says

    August 23, 2011 at 10:09 am

    Not only will the students learn, but the teachers as well.

  18. Jennie says

    August 23, 2011 at 10:10 am

    Love Dave Ramsey! My college aged kids are asking a lot of questions about credit, finance, etc. This would be a great help to all of us!

  19. Becky says

    August 23, 2011 at 10:34 am

    Love, love, love Dave Ramsey. This would be a wonderful opportunity to share with my family.

  20. Julia says

    August 23, 2011 at 10:50 am

    This is an awesome post! So excited to see this curriculum!

  21. Julia says

    August 23, 2011 at 10:51 am

    I follow Five J's via RSS

  22. Julia says

    August 23, 2011 at 10:52 am

    I follow Five J's on Facebook

  23. Tricia says

    August 23, 2011 at 10:55 am

    This looks like a great curriculum – our family is all about avoiding debt, and passing that on to our children. Our oldest is working his way through college — all debt-free! Would love to use this in our homeschool co-op — don't we want to see our young people stay out of financial bondage and enjoy the freedom to trust the Lord for His provisions – our Jehovah Jireh!

  24. Garnetta McNair says

    August 23, 2011 at 10:55 am

    Hello Joy,
    As usual, you have such wonderful resources. As a homeschooling parent, I find your advice priceless because it is so trustworthy and on point with the methodology and resources I wish to use for my own homeschool classroom. It is never too early to teach our life long learner community how to manage and handle money. Thank you for the heads up on Dave Ramsey and his Financial Peace University classes. I am quite certain, this too, will be priceless. Thank you so much.

    PS I am glad to hear that Jerah is feeling better and still writing. My daughter is a wonderful writer as well. To that end, your daughter is a true mentor and inspiration.

  25. Amanda says

    August 23, 2011 at 10:58 am

    Dave Ramsey is the best!

  26. Amy-Cutting Coupons in KC says

    August 23, 2011 at 11:17 am

    I would love to win. Thank you for the give away!

  27. Amy-Cutting Coupons in KC says

    August 23, 2011 at 11:18 am

    I am an e-mail subscriber.

  28. Amy-Cutting Coupons in KC says

    August 23, 2011 at 11:19 am

    I follow you on Facebook.

  29. Carol says

    August 23, 2011 at 11:35 am

    Thanks for the opportunity to win!

  30. Tanya Archer says

    August 23, 2011 at 11:36 am

    Just found your website two days ago, I am so excited. Just decided to homeschool and behind the curve on all the curriculum to buy for the first year, this would be a HUGE BLESSING!! Thank you so much for the great ideas and the chance to win this!!! WOW!!

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