Author Topic: Trip to pawn shop---part of lesson for high schoolers  (Read 4088 times)

NinetyFour

  • CMTO 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 6876
  • Age: 62
  • Location: Southwestern US

viper155

  • Bristles
  • ***
  • Posts: 255
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #1 on: May 24, 2014, 10:47:12 AM »
"After 20 minutes or so, the students turned to leave. “So what are we going to protect?” she said to them as they walked out. “Your credit scores!” she shouted, answering her own question."

I find it a little disturbing that this teacher emphasizes the importance of a credit score. All a credit score is is how well you manage credit. He should be stressing the importance of avoiding credit  and stressing the importance of managing money and assets.

NinetyFour

  • CMTO 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 6876
  • Age: 62
  • Location: Southwestern US
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #2 on: May 24, 2014, 11:05:11 AM »
I believe you misread this.

The "she" who said the store was protecting the customers' credit scores was the woman who worked at the store.  The teacher who organized the field trip is male:  Brian Page.

Here is a longer excerpt from the article.

Standing behind the counter, Tonya Webster addressed the assembled students. “Life happens,” she said. “It does. Try not to live beyond your means. If you do, we’re here to help.” She also made a pitch for the bargains behind the jewelry counter, wondering aloud why anyone would ever pay retail when they could just come there.

After 20 minutes or so, the students turned to leave. “So what are we going to protect?” she said to them as they walked out. “Your credit scores!” she shouted, answering her own question.

“I was taken aback by her honesty,” Mr. Page told the students who had stayed behind on the bus. “She said that this is where you go when you’re in trouble, and she worked there! Everything in there had been taken from somebody.”

====================

In any case, these students got to see some real life examples of astronomically high interested rates and consequences of living beyond one's means.  Sounded like the students got a lot out of the experience.

viper155

  • Bristles
  • ***
  • Posts: 255
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #3 on: May 26, 2014, 02:10:03 PM »
I stand corrected! Thanks for pointing that out.

NinetyFour

  • CMTO 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 6876
  • Age: 62
  • Location: Southwestern US
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #4 on: May 26, 2014, 04:40:43 PM »
No problem!

rocksinmyhead

  • Handlebar Stache
  • *****
  • Posts: 1489
  • Location: Oklahoma
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #5 on: May 28, 2014, 01:33:08 PM »
Wow! Pretty cool. What a useful thing to show these kids.

frugalman

  • Stubble
  • **
  • Posts: 176
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #6 on: May 28, 2014, 01:48:45 PM »
Brian Page (the teacher) is one mover and shaker! MMM material for sure!

The business teacher is Brian Page, who currently serves on the Working Committee for the U.S. President’s Advisory Council for Financial Capability. He was a 2012 Money Magazine “Money Hero” and was the 2011 Ohio Department of Education Milken National Educator Recipient. Brian also serves on the Personal Finance and Business standards writing teams for the Ohio Department of Education. Click here to learn more.

NinetyFour

  • CMTO 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 6876
  • Age: 62
  • Location: Southwestern US
Re: Trip to pawn shop---part of lesson for high schoolers
« Reply #7 on: May 28, 2014, 04:51:59 PM »
Click where?

 

Wow, a phone plan for fifteen bucks!