Before teaching, Amy Schultze helped run her family’s business – a local hardware store – where she aimed to help customers build their own tool belts.
Now a Jamestown High School business teacher, he has the strength and opportunity to help build the next generation of JHS students. “financial tool belt” and earn college credit in the process.
Schultze teaches BUS 1610 – Personal Finance at Jamestown High School, a course available through SUNY Jamestown Community College’s College Connections program and designed for “gives students the tools necessary to achieve financial success.”
“Students create a ‘tool belt’ customized to their own financial goals,” Schultze said. “We discuss the importance of setting short, medium and long term goals and each student’s goals vary depending on what they consider financial success. The key principle of this course: It’s not what you do, it’s what you save.”
The course also encapsulates a variety of other aspects such as the difference between saving versus investing; simple compound interest account; and the difference between scholarships, loans, and grants. They will also participate in the Junior Achievement WNY Fall 2022 Stock Market Challenge during November.
Field experiences were also important to Schultze: in September, students visited Northwest Bank to learn about the importance of building relationships with your local bank; in early October, they attended a New York state-sponsored career fair and heard from partners at Jamestown Business College about the importance of completing the Free Application for Federal Student Aid (FAFSA); and more recently, they learned about the rudiments of buying and maintaining a car from Shults Auto Group representatives and learned about the importance of managing their finances during a visit to Summit Wealth Management.
Field trips are also scheduled to The Legend Group and Southern Chautauqua Federal Credit Union later in the semester.
“My hope for all students is that they can complete their ‘financial tool belt’ for current and future use,” Schultze said.
“For example, students may not be ready to buy their first car today. But hopefully by the time they finish the class, between the research, the activities, and the field trip to Shults Nissan Subaru, they’ll feel a little more familiar with the car buying process.”
This field experience was particularly meaningful for JHS student Owen Caswell.
“My favorite thing so far is learning about car loans,” he said. “It is important to me because I will be getting my permit soon and while there are some aspects of buying a car that are familiar to me, there are many things that I have learned that I will need to consider during this process.
Caswell also appreciated Schultze’s insight into the classroom.
“He is a friendly teacher and creates a good environment in the classroom,” he said. “It makes learning about these things fun.”
“The whole class was very educational about what to expect as an adult,” he concluded.
“As we send our students out into the world, I just want them to be prepared,” Schultze said. ” I refer to a quote from (American financier) Suze Orman that ‘making it in America means you can sleep at night, and not worry when you wake up in the morning how you will pay your bills. … Smile for the things you have, not the things you wish you had.”