Introduction to Business and Financial Literacy

Often Sorenson’s Ranch School (SRS) students complain that business and financial literacy classes are hard and not required in their home state, but taking the classes in high school can give students a competitive advantage in the college admission process. If college is not in the student’s futures, at least business and financial literacy classes give them an understanding of the function of commerce in society and a basis for becoming better employees and citizens of their communities. In Addition to expanding students’ knowledge about business, entrepreneurship, and personal finance, these classes teach students many crucial life skills, including leadership and time management. Using this foundation to build on, SRS students begin to understand how personal financial responsibility will touch all aspects of their lives. Business classes introduce students to what it takes to make it in the business world. We are introducing information students can use to help them decide what they are going to do with their future. With changing regulations in society, children today are not given the opportunity to work and learn with hands on experience as did past generations. Today’s children have been immersed in technology and crave interaction in a different manner than past generations. As our society and business adapts to an ever-changing world, these students will become the new business leaders. Business and finance classes at SRS give students those first steps, and insights about what to do next in life. If students decide continuing education is not for them, SRS can still give them the basics necessary for everyday life, no matter what path they choose to take. High schoolers’ hardly know what direction to go, or what skills to build on when they are getting ready to go to college. If we start teaching them skills in high school, they will have a better understanding of the path they can take for the future. By teaching SRS students solid life skills, we are helping all of our futures.