A new twist on a course at Central New Mexico Community College is giving families a chance to learn how to manage money. This time, the parents aren’t the only students in class soaking up the knowledge.
Registration closes in one day for what administrators say is an innovative class that will help families get ahead in life in more ways than one.
“The children get to see the parents go to school and they value that. At the same time, the parents are also working with their kids at home re-emphasizing what they’re learning in school,” said Donna Diller, Dean of School of Business Information Technology.
They’re calling it a win-win for CNM students. “Family Financial Literacy,” a course already being offered on CNM’s Montoya campus, is switching things up a bit.
Inside the classroom, you’ll see CNM students learning how to save money and budget for their everyday needs like grocery shopping, household bills and how to pay for college. But this semester, their kids will be tagging along.
While their parents are in class, kids will receive tutoring and homework help from trained CNM tutors or students majoring in teacher education.
“Whatever they’re working on in class, that’s their responsibility to bring so we can help them appropriately,” said Gregg Cappetto, Supervisor for Montoya Learning Center.
What makes this even more unique and keeps the multi-generational approach going is who else will be tutoring the kids.
“There are a lot of retired ESL, physics, and math teachers over at La Vida Llena and they’re looking to keep on giving,” said Cappetto.
When class is over, both the parents and their children will be assigned homework related to financial literacy to complete together.
“They can both talk about how to save for something. Maybe the kids are saving up for a bike, while the parents are saving up for a vacation,” said Diller.
Another plus for parents is that CNM will provide free dinner for both the student and their child.
CNM officials say they are able to do this through a $10,000 grant from The Aspen Institute’s Ascend Program. Administrators say they hope this keeps parents enrolled in college and encourages their kids to stay in school.
The kids must be between the ages of 6 and 15 for the parent to participate in the class that is one night per week. The class is being offered in English and Spanish and starts on Feb. 4.There are still spots available and are accepting applications until Thursday.
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