Personal finance (aka money management) is one of the most natural areas to practice numbers and develop our literacy.
If we can’t understand numbers and apply them to solve problems accurately and fluently, then we are mathematically illiterate.
“When math is a natural, normal, and neutral part of our world, we embrace it.” LaToniya A. Jones
Informed/Productive Citizens: Math literacy is also important in our personal lives. When we understand the math terms and basic concepts we are in a great position to stretch our dollars, make reasonable decisions about products and services we select, and even compare which candidates will be the best for our communities and governments based on their trends, track records by numbers and information in tables, graphs, and charts.
Forecasting Outcomes: Imagine reading the newspaper, magazines, books or dictionaries with very important terms or numerical representations… misused or presented vaguely.
Percentages listed without the sample size can be misleading and cause readers to form opinions without enough background information.
Based on the source, we tend to consider it a typographical error. But, is it really? Having enough information available is important to understanding the situation and also serves as a model for future use.
Can you recommend any resources, strategies, or habits that can improve our math literacy skills?
What’s your opinion about math literacy?
Any unique, gut wrenching experiences?
LaToniya A. Jones, M.Ed – POWER Org Math Founder, has more than 20 years in education, leadership, nonprofit and higher education teaching and administration.
POWER Org Math is an educational 501c3 nonprofit that engages youth ages 4-18 and families in math and career explorations to enhance their lives in fun and meaningful ways. Est. 2005.