Sep 27

Helping Missouri’s Kids Through Broken and Blended Family Changes

by Mike Ferguson

(St. Charles, MO) – No matter what your marital status or age, divorce likely has already impacted your life.

For many, it’s through personal experience. For everyone else, that impact has been felt when a family member or friend has gone through the process.

In addition, for an increasing number of Missourians, family life means a home with a “blended family”, where the parents bring a non-biologically related child into the picture.

For the children involved, that process on both ends is painful and confusing most of the time. Some studies indicate that “blended families” are the fastest-growing type of households in America, which means you probably know a step-family personally.

There’s a Missouri-based group that specializes in helping children who are dealing with a divorce situation and also dealing with the new challenges of a step family. It’s called “Kids In The Middle” and two of their experts appear on the new “Missouri Viewpoints.”

MWSnap117Judy Berkowitz is the group’s executive director. She says the grownups need to be grown up once the decision to separate or divorce is made. When children are involved, she says, it’s crucial to make sure they don’t feel alone. That often means parents need to work together, even when the marriage is falling apart, and let someone else be there for the kids in addition to them.

“Even if they know there are problems with their parents, they may hear them fighting, they don’t have anyone usually to talk to about it. They have nobody to prepare them and that is a major problem for children.”

That’s because families ties typically do not end when the marriage does. Planning the post-divorce parenting during the pain of separating isn’t easy but, Berkowitz says, is a reality that should be included in the process.

“When you have children, the relationship between the parents usually never ends. Divorce doesn’t end with a decree, so the parents are connected for as long as they live as long as they have a relationship with those kids.”

She acknowledges that it gets complicated but that shouldn’t stop some degree of cooperation when it comes to getting them through the divorce itself and in making parenting decisions after that.
That’s easier said than done.

For the parents involved and for those who are close to the family going through it, Berkowitz suggest letting the kids involved express their feelings and questions. Because no two families and divorces are the same, the support the children need will be unique.

She says divorce impacts every child and will be part of how they are emotionally formed as an adult, so it’s vital that parents provide the healthiest transition possible. That often means including a counselor when an outside viewpoint – and maybe an objective, calming influence – is needed to balance out the confusion that comes with overheated emotions.

Once everyone involved gets through the divorce, many parents and children eventually find themselves in a second marriage situation.

Call it a step family or a blended family if you want, but you can also count on it being another major change for the kids and it could be just as scary and confusing to them.

MWSnap119Kids In The Middle Treatment Team Supervisor Carol Love warns parents against thinking their son or daughter is as excited as your are about the new marriage.

“Initially, people think it’s going to be kind of easy. The parents are excited about having a second chance but, a lot times, the children are not so excited.

“So, having a lot of people in one place, new personalities, makes it very difficult. A lot of times, the children feel like they are getting less time with their parent – that they are losing something rather than gaining something.”

Love says parents and step parents need to keep in mind that the process isn’t just an explanation and being a part of the wedding. That adjustment can take years, it should start before the wedding day and should involve both biological parents and the incoming step parent.

Again, that’s easier said than done.

One of the trickiest situations to navigate is the role that new step parent will have when it comes to rearing the child or children. There’s no one correct answer for that because, just like no two divorce situations are alike, no two blended family situations are alike.

Love draws attention to one opportunity that step parents often have, though.

“If that relationship can be supportive, not as much of a disciplinarian but someone who that child can go to when they have problems, that can be a good building block and also a way for the other parent – the biological parent – to know what’s going on with the child.

“Our children don’t tell us things sometimes because they fear being judged and they can have that little bit less judgmental relationship with that step parent. So, try to build something really very different than the parents are used to.”

She suggests frequent and blunt communication between the step parent and the kids involved. That usually means setting rules for the home and a clear understanding of what the step parent’s role and authority is and is not in the home.

As an example, Love says discipline typically defaults to the biological parent and involves cooperation from the ex-spouse.

That’s because when children are involved, “the ex” will still likely be a factor in the new family whether the new spouse likes it or not.

To Love, that means an extra responsibility on the former spouse to put personal feelings aside and help his or her child adjust to a new parental structure when at the other parent’s home.
“Support that relationship. We all want our children to be happy wherever they are and, regardless of how you feel about that new step parent, you want your child to be happy there.

“So, support them in that relationship and let them know that you don’t see it as a betrayal.”

Those outside the home but close to the families involved can also be a help in tough times. For relatives, coworkers and friends of those in either the divorces or remarriages, Love suggests helping in practical ways as opposed to trying to take on an amateur therapist role.

“Help them in ways that need helped as opposed to offering advice they don’t need or maybe advice that you don’t have the experience to give.”

The emotional bottom line is that there’s a positive role for everyone to play in what starts as a negative situation. If you can’t you find it right away, don’t be afraid to bring in experts from outside the home.

That could be in the form of counselors like those from Kids In The Middle, counselors from your children’s school or religious advisers like your pastor. Berkowitz and Love point out the underlying fact that no family – separated, divorced or blended – has to work through these changes on their own.

On the web:
Kids In The Middle – http://www.KidsInTheMiddle.org

Permanent link to this article: http://americanviewpoints.tv/helping-missouris-kids-through-broken-and-blended-family-changes/

Sep 20

Market Forces or Exploitation? How Low Is Too Low For Missouri Worker Wages?

by Mike Ferguson

(St. Charles, MO) – Is it the result of the free market or greedy corporations?

Organized labor activists say thousands of Missouri workers are not being fairly paid for low-wage work at fast food restaurants. They’ve organized walkouts in some Missouri cities twice this summer.

These workers generally get paid minimum wage. Nationally, that’s $7.25 per hour. In Missouri, it’s $7.35 per hour, so activists are demanding a doubling of salary for low-wage employees.

MWSnap115Rev. Martin Rafanan is with Missouri Jobs With Justice, which is part of the organizing effort of the strikes, explains the demands.

“What they are asking for is a higher wage, a wage that takes care of the basic necessities of their lives and the right to form a union without retaliation. When I say meets the basic necessities of their lives, it’s a wage that we might call a living wage.

“That wage is really, in our community, above fifteen dollars an hour. So, their demand is for that type of wage.”

Rafanan says, at least for right now, that demand is for businesses to voluntarily agree to the wage increases but they also have their eye on Missouri’s minimum wage law and want to see that changed if they aren’t successful with the strikes.

“We will follow every path we possibly can to get workers and working families a better deal in Missouri. If that means raising the minimum wage, of course, we will work for that.”

Missouri Jobs With Justice has been lobbying for an increase in the state’s minimum wage for several years.

Part of the argument for increasing the pay rate of employees, Rafanan says, is self-sufficiency. He says that despite billions of dollars in the companies’ profits worldwide, all taxpayers are making up the difference when workers don’t get what he believes is fair pay.

“We subsidize those profits because these families can’t make enough to survive and we, as citizens, end up paying for food stamps, health care, housing support and many other kinds of support.”

The walkouts happened once in July and once in late August and, according to Rafanan, more strikes are on the way.

“We’ve just started in this work. Workers are going to have to go a lot farther in building their power both in terms of members and geography in making headway.”

MWSnap116The Show Me Institute’s David Stokes thinks the protests are a shortsighted approach that would hurt many of those who are supposed to be helped by the proposed changes.

“Sure, some of these workers would see their wages increase, perhaps substantially. But that gain is going to be more than offset by the substantial number of workers who will lose their jobs.”

While labor and social justice advocates says pressing business into paying workers more will kick start the economy and get more workers off the public dole, Stokes thinks what is being demanded would likely have the opposite effect.

“There are market rules for what people are going to pay for labor and what people’s labor is worth and whatever we want doesn’t change how it is. How it is is that if you increase substantially the cost of the inputs in the fast food business, fewer people are going to buy fast food because it’s going to be a lot more expensive and that’s going to cost some people jobs.

“If you think we’re subsidizing them now, well at least they have a job and are paying for a substantial portion of themselves through their work. If they are unemployed because we’ve dramatically shrunk the fast food industry through substantial minimum wage hikes, then we’re going to be subsidizing them a lot more.”

Possibly the biggest chasm between the viewpoints is about the role of these low-wage jobs in the economy and culture. Those, including Rafanan, pushing for a “living wage” for fast food workers and those in similar employment say the jobs should become middle class jobs that support working families.

Stokes not only believes that is unrealistic and not the role of these jobs in the economy. Despite the small paychecks, he says, there is still a benefit to having them in place.

“Job training is such a huge part of this discussion, here. The fact is that minimum wage jobs allow opportunities for employment and to learn skills for a large number of young people from poorer backgrounds.

“[They] might not have the education and don’t have the opportunity to go to college and come out with a degree but they need work experience and they need job opportunity and that’s what many of these fast food jobs provide.”

Rev. Refanan says the discussion should be more than a debate over economic data.

“I believe Missourians believe that if you work full time, you should have a wage that covers the basic necessities of your life.”

There’s a bigger people-based picture in the issue to Stokes as well.

“Trying to benefit low-wage families by increasing the minimum wage just isn’t going to work. It will benefit some but, for others, it’s going to kick the rung off the ladder.”

On the web:

Missouri Jobs With Justice: http://mojwj.org/

Show Me Institute: http://www.ShowMeInstitute.org

* Disclosure: The Show Me Institute sponsors some of the commentaries that occasionally air on “Missouri Viewpoints.”

Permanent link to this article: http://americanviewpoints.tv/market-forces-or-exploitation-how-low-is-too-low-for-missouri-worker-wages/

Sep 13

Missouri’s New Media and the “First Draft of History”

by Mike Ferguson

(St. Charles, MO) – Digital technology, changing customer demands and a younger perspective to change the mindset. That’s a description of many industries right now but, especially in Missouri, that describes how the news media is evolving.

Those of us who grew up waiting for the 6:00 news to tell us what happened now get the story updated dozens of times a day through the web or Twitter. Our children have no idea what we’re talking about when we refer to the morning and evening editions of the newspaper. They want to know where to find it on Instagram.

The changes aren’t just about accessing information faster, though. They are also creating more opportunity for journalists to make mistakes and for news consumers to get information from unaccountable, un-vetted sources like some bloggers. It’s a changing marketplace of technology, ideas and ethics.
That impacts all of us because information is powerful.

Sometimes, new media’s reach means journalists have an opportunity to build a career outside of the traditional workplace. That’s what Eli Yokley has done with PoliticMO.com. He’s built a reputation as one of the most-read reporters in the state and he’s done it online, without the support of a traditional newsroom.

MWSnap113“I started PoliticMo when I was getting out of high school and that summer we started covering the [US] Senate campaign and all these state races and it just kind of blew up from there. One of the things, I think, that allowed me to do that was Twitter and Facebook and social media and people being able to find you easily and have access to it so quickly.”

That speed of the story is what is changing. No longer do media outlets compete only through the content of their reporting at set times; they compete to be the first to report the story 24 hours a day. Increasingly, that’s leading to errors in reporting.

Yokley thinks one part of the news business won’t change any time soon and that’s the part that separates the best reporters from the lackluster ones.

“I think the journalists who are going to be most successful are the ones who are going to maintain their reputation and don’t get themselves into messes online and don’t succumb to the urge to re-tweet something if you don’t know that it’s true.”

Still, when news outlets and independent bloggers compete during a breaking news situation, the crossfire of information can leave the audience confused or, worse, misinformed.

“As quickly as social media moves, the ‘first draft of history’ is getting messier and messier each time.”

To Yokley, that means there’s an even greater responsibility for journalists to keep the audience in mind, even when using social media for personal communication. Any tweet or other post can quickly go national when you have a news audience built in to your followers list.

“…there is a huge power on Twitter. I think that, as journalists, we need to learn from whenever that happens to us. People are watching what we’re putting out there, people are paying attention and people are trusting us. Just because our Twitter is maybe unfiltered doesn’t mean people aren’t going there to trust us.”

Still, the opportunity to quickly gather and report accurate information is growing with the technology. In fact, it’s changing how reporters find information. Yokley uses the example of a plane crash, like the one in San Francisco in July.

“Reporters…go to see if anyone has tweeted the picture of it or if there are passengers on the plane that are tweeting. So, as news gathers, there’s a big opportunity for us to learn from that and to pull information. But, I think as news reporters, we have to make sure that we’re able to confirm it and make sure we know it’s accurate and, if it’s true, I think it’s a big win for us.”

Those challenges aren’t just for the reporters, though. The instant reporting also means a new responsibility for the consumer. At this point, it’s “consumer beware” when getting your news from a new media source, even if the journalist is professional. According to Yokley, social media readers need to keep in mind that what they see may not be the final news product.

“When a story is breaking, Twitter is like the roughest draft of history you’re going to find. Before you take a piece of information you find on Twitter to be accurate you better look it up and make sure.

“Right now, because of how young social media is and how young the verification [process] is, there are so many opportunities for mistakes on Twitter.”
One way to keep viewers, listeners and readers accurately informed is to keep it local.

That’s what many locally-run stations do around the Show Me State every day. Small radio stations and community cable television channels offer programs specifically designed to let local voices and information be heard.

Increasingly, though, the ability to produce quality local programming is hurt by budget worries and syndicated media that drowns out local voices.

MWSnap114Gateway Television News’ Randy Gardner has won three Emmy awards for his local work. He’s convinced there’s still a need for local programming. “We can bring these local stories…and do a half hour on the subject, where you’re only going to get a thirty-second piece on the network news or a two-minute piece, max. We can do that consistently on a daily basis and provide the community with the information and let them make up their own mind on a topic.”

When local programmers, particularly cable television through community channels, take that local role seriously, there’s an opportunity for almost everyone to contribute to their community.

“We invite people to call us and initiate that conversation with us. That’s how we get a lot of our leads.

“Don’t be afraid to pick up that phone and make that phone call.”

Making that phone call could lead to your organization being featured on the local TV or local radio station, getting a conversation started about what you believe is an important issue. That, because of the integration of social media into traditional broadcasting, can also give you multiple ways to control how far your media appearance reaches.

A simple copy and paste on Twitter or Facebook can put your show at the fingertips of all your friends and followers. A one-second “share” or “retweet” puts it at the fingertips of all their friends and followers. When the content is compelling, an assignment editor, consultant or producer is no longer going to stop your information from going public.

In other words, concerns about television and radio ratings don’t have to be a hurdle to reaching an audience. Gardner points out that the audience may not find your views through the traditional airwaves but, instead, through their computer or Smart Phone.

“When you look at the avenues that are out there right now to deliver your product; it stays on the web, organizations can take it and link it up to their organization. The marketing tool for us is if we have an organization in our studio, they take that [program], they put that on their website. Now, they’ll send a mass email out to a thousand or five thousand people in the community.

“Now, those five thousand people are learning about our station and our community.”

GTN is run by the City of Black Jack, Missouri which is a suburb of St. Louis.

On the web:

PoliticMo – www.PoliticMo.com

Gateway Television News – www.GTNtv.com

Mike’s appearance on GTV News 20 (referenced in the show) – http://www.youtube.com/watch?v=TbVvYsYMngc

Permanent link to this article: http://americanviewpoints.tv/missouris-news-media-and-the-first-draft-of-history/

Sep 06

Missouri’s Veto Session 2013: The Tax Cut Debate

by Mike Ferguson

(St. Charles, MO) – It’s been approved, it’s been knocked down and now it’s about to be debated again.

The Republican tax reform plan that Governor Jay Nixon vetoed will likely be up for another vote this month. The annual Missouri Veto Session gets underway on September 11th.

Before the current politicians argue about the plan once again, the issue is discussed in depth on “Missouri Viewpoints.” Former State House Budget Chairman Carl Bearden (R) wants to see the GOP override the veto and reduce personal and business income taxes over the course of several years.

Former State Budget Director Jim Moody, who served under Republican Governor John Ashcroft, is backing Nixon’s veto.

Bearden now runs United for Missouri, a conservative advocacy group, and Moody runs James R. Moody and Associates, a government relations firm.

Bearden says the half-percent personal income tax reduction over time may not be something you feel in the pocketbook but he thinks the tax reductions for businesses will benefit the entire state.

MWSnap110“While you may get a little bit in your paycheck, the fact that you may be able to keep your job because the small business you work for got to keep more of their money, the fact that you might get a promotion or a raise because the small business you work for got to keep more of their money to put back into the business or the fact that you might even be able to find a better job, a job you actually wanted, because a small business got to keep that money, that’s really the key, I think.”

Governor Nixon, in his veto message related to the plan, called the idea “…an ill-conceived, fiscally irresponsible experiment that would inject far-reaching uncertainty into our economy, undermine our state’s fiscal health, and jeopardize basic funding for education and vital public services.”

Bearden takes issue with that assessment. “There really is very little risk in doing what the Legislature has done. This is a very, very modest tax decrease over a five to ten year period but one that I think will stimulate the economy and show that tax cuts do work.”

He points to aggressive tax cuts and incentives being used by Kansas in particular, saying those have attracted some Missouri businesses to their side of the border.

Moody disagrees with the claim that small tax changes will move businesses or keep businesses in place.

MWSnap111“The businesses I talk to make their hiring decisions based on gross revenues, not taxes. I don’t think this does anything for any business to increase their gross revenues.”

To Moody, the changes are a bad deal for the majority of Missourians, despite the claims they will kick-start the state’s economy and help those in the workforce now.

“When you look at the TV ads being run right now, they would lead you to believe this is a great deal for the middle class. This is not a great deal for the middle class. It is a great deal for the wealthy.”

While the percentage of tax reduction may be small, the impact, in Moody’s view, is disproportionate and doesn’t live up to the billing of a tax cut.

“The average family, a medium income family, in Missouri is going to get roughly six bucks a year in tax cuts. A wealthy person is going to get thousands a year in tax cuts and I think it’s just unfair and it’s kind of a scam on the middle class.”

Instead of tax cuts, Moody says the state should be spending more on education and support for growing industries like life sciences and animal health.

I don’t think tax policy creates economic development.”

When the veto session gets underway, Missouri lawmakers are only allowed to vote for or against a veto override. They are not allowed to amend vetoed bills. Republicans have enough members to override any veto but some GOP members have expressed concerns about doing so on HB 253.

 

On the web:

House Bill 253: http://www.house.mo.gov/billtracking/bills131/billpdf/truly/HB0253T.PDF

Governor Nixon’s Veto Message Pertaining to HB 253: http://www.house.mo.gov/billtracking/bills131/rpt/HB253vl.pdf

United for Missouri: http://www.unitedformissouri.org/

Coalition for Missouri’s Future: http://www.missourifuture.net/

James R. Moody and Associates: http://www.jamesrmoody.com/moody.php

Permanent link to this article: http://americanviewpoints.tv/missouris-veto-session-2013-the-tax-cut-debate/

Aug 30

Investing in Tomorrow’s Leaders and Entrepreneurs

by Mike Ferguson

(St. Charles, MO) – Preparing for college and a career is often daunting for any young person. For too many teens in Missouri, though, college is just a fantasy that will never be realized.

Even high-achieving students from low-income areas often see higher education as being out of reach. That’s a personal tragedy for the student involved but it’s also possibly robbing the rest of the state – and nation – of a future leader in medicine, business, philanthropy or education.

A private scholarship program that is open to Missourians is taking a different approach by working with students as young as junior high school. The Jack Kent Cooke Foundation provides a wide range of assistance that includes funds and mentoring.

MWSnap109The Foundation’s Vice President of Programs, Emily Froimson, explains why they take a broader approach than just writing a tuition check.

“When low-income students, even if they are high achieving, they don’t typically get the best advice or have the best resources to prepare them for the nation’s top colleges, so we want to start working with students at a young age.”

She adds that it’s crucial to identify top-performers early and give them access to academic support.

“There’s always an assumption that really smart kids will be fine on their own and that they don’t need the support that kids that maybe struggle academically in school need. That’s simply not true. We funded research a few years ago that shows that students who are high achieving earlier in school, if they don’t get that kind of support that they need throughout middle school and high school, will eventually drop out of that top quarter and often times don’t go to college.”

Every year, about 1,000 applications from seventh grade students are made for the Young Scholars Program. About 60 are selected every year. The Foundation says the average annual family income for the students who are selected is $25,000.

Froimson believes there’s an impact on more than just the student who gets a scholarship.

“We’re supporting students in communities that can be leaders, that can give back to their communities. We’re also providing role models so there’s a lot of things that this kind of support can do even if we’re only able to help 60 or 70 students a year.”

One Foundation scholar from Missouri says that changed her perspective on what she can do. Stephanie Anderson is from the St. Louis area and is about to begin her college career at the University of Chicago. She plans to study medicine.

MWSnap108Her acceptance into the program helped her prepare for college by allowing her to access a better education in high school.

“For me, personally, before I got the scholarship that I have with the Jack Kent Cooke Foundation, I never would have thought of going to a private school for high school. I got it in seventh grade so, before that, I just thought I was going to go to a local public school. I never really knew there were so many different opportunities in the world.”

Froimson says the education plans are customized to the needs of the student. That may mean getting them into a private high school but it could incorporate their local public school.

“The nation’s best talent can go to waste if these students are not challenged and if they are not aware of the opportunities that are available to them.”

The Foundation’s website says the purpose of the program is to “…supporting students who defy their economic circumstances and perform at the highest academic levels.”

In addition to providing funds to send Stephanie to a private academy, the Foundation also sent her to summer programs during her high school years. That included one at Georgetown University where she met other high-achieving students from around the nation and she learned from national political leaders.

She encourages other young people in Missouri to get to work now when it comes to finding help for college.

“Definitely, research for resources and find your resources for things that can help you because nothing is ever impossible. You can go to a community college or go to a four year university, whichever one you prefer, and really price shouldn’t be a factor because there are so many different resources and scholarships to help you get through that.”

For Stephanie, those resources include expert advice on planning her educational journey. Froimson says it’s important to include more support for promising young people than just the money for college.

“We have educational advisors that each work with a relatively small caseload of students from around the United States. They’ll come out and meet with the families and build a nice team, working with the families and the schools.”

That team could work together for nearly a decade, as the Foundation also provides scholarship programs and advising support for undergraduate and graduate college programs as well. One of the programs involves transfers from community colleges into four-year universities. The common thread is that all the students selected for the programs are academically high-achieving.

Froimson says the students also have another trait in common.

“We also want students who have grit and determination and show signs of interest in things outside of school. We want students who will want to explore beyond just the books and the classroom.”

About 650 students nationwide are currently part of the Jack Kent Cooke Foundation’s scholarship programs.

The next round of applications for the Young Scholars Program opens up in January.

On the web:

Jack Kent Cooke Foundation: http://www.jkcf.org/

Permanent link to this article: http://americanviewpoints.tv/investing-in-tomorrows-leaders-and-entrepreneurs/

Aug 23

Show Me Dollars and Sense – Why Teaching Teens Money Management Skills Matters To Everyone

by Mike Ferguson

(St. Charles, MO) – “A penny saved is a penny earned.” We all know that truism but many of us don’t practice it very well.

In today’s instant, electronic and often credit-driven economy, getting back to the basics is a good idea when it comes to our money. In Missouri, there’s a program to teach your children those basics and the resources are available to everyone else in the household as well.

It’s from the non-profit Missouri Council on Economic Education and it reaches out to around 12,000 Missouri high school students every year.

MWSnap105The group’s president, Mike English, recently appeared on “Missouri Viewpoints” and says the rough economy of the past several years put many Americans – especially young adults – in bad financial situations. While money problems are sometime out of your control they are often because of personal finance mistakes and a lack of planning.

“…now, more than ever, it’s important that young people leave school with a basic understanding of how the economy works and how to manage money. We’ve seen in the past several years what can happen when young people don’t have that education.”

Public high school students in the state are now required to pass a personal finance course. MCEE’s resources are designed to have an impact beyond the classroom. While there are some elements of their education designed for the classroom or a seminar setting, other parts teach through fun and competition.

There are personal finance and economic-based quiz bowl games and an “Entrepreneurship Challenge”, which is a competition of creative business plans.

Through a partnership with the Missouri Credit Unions Association, MCEE offers three-hour “Financial Reality Simulations” where students manage a simulated budget, debt and expenses. English says that’s often an eye-opener for young people who are close to leaving home and being responsible for those things on a very real level.

With email or text scams, instant credit at many stores and “payday loans”, it may be easier to get into financial trouble now than ever before. English believes that giving teenagers a solid financial education while they are still at home may be the difference between someone who gets into money trouble as a young adult and someone who builds a strong financial future their entire life.

“It’s a lot more dangerous for young people financially than it was in earlier generations. So, it’s really a necessity, I think, to start preparing young people with that mindset when they are high school students and teenagers.”

The group’s website includes a stock market game, where students can learn about investing and financial risk without taking a chance of losing real world money.

The resources are available online free and are also available to any high school that wants them. The Missouri Council on Economic Education also has regional offices in Kansas City, Springfield, Warrensburg, Columbia and St. Louis.

MWSnap107Often, in English’s view, the problems that come with poor personal money management is not because of a lack of education in the school; it’s because of a lack of training at home. When parents struggle to handle money well, their children learn the same approach.

“What happens sometimes is that the student will learn in school responsible financial management and then they will go home and see the opposite behavior from their parents.”

MCEE offers much of the same information to parents, often through PTA meetings.

“We try to teach them the same stuff we’re teaching the students: budgeting, teaching them about credit, the importance of saving.”

That’s why the resources are available to everyone. English says the impact of teaching students often leads to better decisions by their entire families.

The impact of a better personal finance education isn’t limited to the student and their homes, though. English says it’s good for the entire state down the road.

“There’s a real strong correlation there between a financially literate workforce and a productive workforce.

“When we’re teaching students economics, we’re teaching them to become better educated voters. We’re teaching them to become entrepreneurs in many cases and we’re teaching them to take care of their personal finances. If a student is leaving high school and plans to go to college, what we hope is that they will make some really strategic decisions about where to go, how to pay for it and then what career to pursue.”

The payoff for everyone, English hopes, is making Missouri more attractive to employers because of a workforce that knows how to do business.

 

On the web

Missouri Council on Economic Education: www.MoEconomics.org

 

Also, a special commentary sponsored by Associated Industries of Missouri is included in the new “Missouri Viewpoints.” In it, AIM President Ray McCarty calls on Missouri lawmakers to override Governor Jay Nixon’s veto of HB 253 – the Republican tax reform plan that would lower personal income and business taxes gradually over several years.

Associated Industries of Missouri: www.AIMO.com

Permanent link to this article: http://americanviewpoints.tv/show-me-dollars-and-sense-why-teaching-teens-money-management-skills-matters-to-everyone/

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