Friday, December 12, 2008

Car Buying 101

This past week I was presenting a lesson on Credit to a group of high schoolers, when I realized how important financial education truly is. After the lesson, one of the students came out to the parking lot to express her concern for purchasing her first car. She mentioned her fear of "being taken advantage of" and not being able to understand the lingo on contracts. She also mentioned that her family was also lacking financial knowledge and proceeded to ask if I wouldn't mind meeting her at the dealership when she goes to take out her first car loan. As teachers, I am sure you will have students like her who have no one to guide them through finances. So please enjoy the following resources that can benefit students who need financial guidance, or simply guidance through life.

First Time Car Buying Tips for Teens- This website is designed to help teens and first time car buyers with tips and tricks on the car buying process.

Big Brothers Big Sisters-This is a great program in which youth are provided with a friend/mentor to help with everyday life.

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