Personal Finance Archives - Eva Varga


August 7, 2020

My son will be a junior this fall and has expressed a growing interest in economics. He loves watching YouTube videos that explain supply and demand – particularly in relation to aviation and luxury cars.

Knowing that government and economics are required courses for high school students in Oregon, I was eager to find a curriculum that was both engaging and informative. Boundary Stone’s Basic Economics fit the bill.

This post is sponsored by Boundary Stone. I was compensated for my time. All opinions are my own and a positive review was not required.
As always, I only review products that I find useful and think you will enjoy!

When the kids were younger, we enjoyed listening to the audio book, Smart Money, Smart Kids, by Dave Ramsay. It provided a good starting point and from there we developed a financial plan for our family.

Teaching Our Kids About Money: Earning Commissions

Teaching Our Kids About Money: Developing Entrepreneurs

While Ramsey’s resources provided an introduction to finances – which we circle back to often as things come up – I knew we needed something more. We need the bigger picture of how our family resources fit into the puzzle of global economics.

Boundary Stone’s Basic Economics Course

I selected Boundary Stone’s Basic Economics course. I liked that it offered both an asynchronous / self-paced online course (with embedded videos and quizzes) and a physical textbook (a chronological presentation of information with glossary and index for easy reference).

When you flip through this book you will see no math, and very few graphs. The focus is on ideas.

What’s Included:

  • Basic Economics 4th ed. textbook
  • Student access to online course for full year
  • Student access to Budget mini-course

Basic Economics includes 4 units of study divided into 6 modules. Each module is further subdivided into daily lessons for a total of 79 lessons. Used together with Government, Basic Economics would provide a full year of high school credit.

The course builds on what you should have covered previously in Boundary Stone’s government class.

We did not begin with the government class as we had covered this topic previously but I can see how it would have been beneficial to review. The two courses are offered in a bundle. This makes planning a full year of high school social science courses easy.

Benefits of Boundary Stone’s Basic Economics course

As a Dave Ramsey fan, I loved the term project whereby my son had to prepare two personal monthly budgets. One used a salary of $25,000 and a second used minimum wage. This was an eye opener for him and provided us the opportunity to discuss payroll withholding, housing options, loans, car ownership, insurance, and more.

The Budget Project’s real-life budget project, offered as a free mini-course, is a great balance to the faith-based textbook. It can be used as a stand-alone project. However, using it alongside the online course you will need to account for one day per week in your schedule.

I also like that the course includes a hardbound book. He gets so much screen time as it is. I appreciate that he can read the assigned chapters the “old fashioned” way, in print. I encouraged him to take notes as he read and to use the Getting the Point questions to ensure he understood the concepts. We also went through the review questions at the end of each chapter together so I could stay abreast of his progress.

Boundary Stone also has bundles designed for homeschool co-op teachers. These include multi-print licenses for the government study guide. The economics study guide can be found in the textbook.

Boundary Stone’s homeschool Economics curriculum also incorporates online lessons, videosand outside reading in addition to the textbook (which is lacking in color and photos). This adds that little spice and helps ensure students are engaged.

Tell Me More

Upon purchase, students have access to the online material for 12 months. Students have the freedom to develop a schedule of their own and to work through the course at their own pace. If you follow the suggested syllabus the course can be completed in a single semester. If you go at your own pace, the 12 month window is still generous.

Allowing a student to work at his own pace is important to me. It gives them control over their schedule and allows them a sense of autonomy. The quizzes though are limited by time and can only be completed once. This may be a concern for students that have processing delays.

The online lessons keep track of where he left off which makes it easy to pick it up again the next day or so. Once he has completed everything in the lesson, he marks it complete. When he takes a quiz, an email with his score is emailed to me.

An optional teacher’s guide (including an answer key) is also available as a digital download. It includes lesson plans that are very similar to the layout of the online course, however it lacks the linked articles and embedded videos.  

Using each component will transform the textbook into a comprehensive course, deeply based on both Christian and free-market principles. Boundary Stone’s economics course is based on the premise that our rights come from God. It follows the premise that we have rights, those rights come from God, and we need to protect our God-given rights.

Boundary Stone Giveaway!

If you’re looking for an online economics curriculum for high school, you can’t miss Boundary Stone’s Basic Economics for high school.

Use coupon code StoneReward2020 to receive 15% off all purchases through 8/23/2020.



September 25, 20151

Patrick and I have always been careful with our finances. Making smart money decisions has not always been easy, however. I had a significant amount of credit card debt in college. When we married, we vowed not to let debt break us. In fact, we even lived with Patrick’s parents for three years as we paid off our college loans!

About a year ago, we started listening to Dave Ramsey’s podcasts. Hearing couples and families all over the country scream, “I’m debt free!” has been really inspiring. I love his Seven Baby Steps. We’ve been working on steps 4 (savings for retirement) and 5 (college funding) simultaneously for years – even before we knew of Dave Ramsey.

Smart Money Smart Kids: Applying Dave Ramsey Strategies to Our Life @EvaVarga.netWhile we were living in Redding, we were renting so step 6 (paying off house) didn’t really apply to us. Now that we’ve moved back to Oregon and are in the process of buying a home once more, we have made owning our home outright a family priority. Our goal is to pay off our home before the kids begin college full-time. That gives us just 5 years!

Over the next couple of weeks, I will be describing how we have applied Dave Ramsey strategies to our life. I begin today with the resources we’ve used getting started. 

Money Smart Kids

Dave Ramsey has written many books on personal finance and budgeting. Smart Money Smart Kids: Raising the Next Generation to Win with Money is the first book written with his daughter, Rachel. In his usual writing style, Dave presents a no nonsense, tell-it-like-it-is guide to raising money-smart kids. His daughter offers story after story of what life was like growing up as Dave Ramsey’s daughter. I just loved her! Her stories give the book humor and soften Dave’s usual dry approach.

We listened to the audio version while traveling to Portland with the kiddos several weeks ago. We have been using many of the strategies he describes such as:

  • Not giving the kids an allowance but expecting them to earn their own money by doing work (Dave calls this “earning a commission”)
  • Expecting them to save and pay for things they want

We’d stop the audio periodically on our trip and talk over the points presented. My son’s ears perked up when he heard of Dave’s 401 plan. When your teenager starts driving and wants his own car, the money the child has saved for this purchase is matched dollar for dollar. In other words, if your teen saves $5,000, then you match them with $5,000, and they can buy a $10,000 car.

My son quickly asked, “Instead of buying a car, would you match the money I save to buy a grand piano?” Absolutely little man. Absolutely.

Our conversations quickly evolved into brainstorming entrepreneurial ideas. “I’m only 10 years old! How can I make money?” Next week, I will share some of the creative ideas we came up with – ways kids can earn money of their own.

Personal Finance Course

Throughout his books and podcasts, Dave recommends his other publications and materials. I was certainly intrigued when I learned of his Foundations in Personal Finance, a high school personal finance course designed specifically for homeschoolers.

Much to my delight, this product was recently available for a significant discount through the Homeschool Buyers Co-op. While the offer has now expired, they have invited him to return. You can request a reminder from the co-op when they offer is available again.

Please note, as my kids are only 8th and 6th grades, we aren’t using this material presently. However, we look forward to implementing this curriculum in a few years.

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