Almost anyone can relate how having financial knowledge would have had a profound impact on their lives, either by avoiding serious financial mistakes, understanding the consequences of their spending decisions, or failing to take advantage of the financial opportunities available to them. Financial knowledge allows individuals to take whatever resources they have and magnify them to the greatest extent possible. The result is a happier, more successful, more fulfilling life. The purpose of Financial Wisdom Preparatory Institute is to allow students in the future, in old age, to look back with deep satisfaction at the financial decisions that they have made.

Financial Wisdom Prep is in the initial stage of development. We currently offer one-day personal finance seminars and will begin classes in Fall 2010 with a two semester pilot program. This unique program will only accept high school juniors or seniors with a high level of academic achievement. The intent is to refine the content of the curriculum and textbook to achieve maximum effectiveness for the young adult learning experience, before the full roll out of the Institute the following year. The pilot program will be offered one-time at a steep discount, before the refined course is offered the following year.

The curriculum is uniquely targeted to teens, but has the rigor of a top university personal finance course. Courses will be taught by Dr. Joetta Forsyth, who has a Ph.D. in Business Economics from Harvard, and is a highly rated finance professor at a major university. Dr. Forsyth is developing an innovative personal finance textbook for high achieving teens that is uniquely matched to their learning, in conjunction with a business journal editor and professor of scriptwriting.

Financial Wisdom Prep will offer two semesters of five units each during the school year. Applications for the Fall 2010 semester will be accepted starting January 15, 2010. Classes will be located at 6100 Center Drive, in Los Angeles (across from the Hughes Center.) To apply, high school transcripts will be required, along with evidence of other accomplishments.

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