Financial Literacy…No, Really!

A brief testimonial from Eileen’s former class assistant about how this class teaches and empowers people about their investments. An

Submitted by Donna Svendsen, CFP®

Eileen SharkeyAs an observer of the Financial Literacy class taught by Eileen Sharkey, CFP®, I had a first-hand view of how students reacted to the course content and to the instructor. Selecting investments can put most people to sleep, yet Eileen makes it easy to understand and almost amusing when she uses the analogy of shopping for groceries: “We don’t buy broccoli if we don’t know how to cook it or if we don’t like it – even if it is on sale and looks pretty! Why do we buy a financial product that we don’t understand, or don’t like – even if it is well represented with a glossy brochure and a handsome salesman?”

There is much more in this class than selecting investments, too. This introductory class helps students understand the current market and why it’s where it’s at. Eileen, a witty Brit, was educated in London and then in Kansas which gives her a practical and global view of finance. Students appreciate the handouts and worksheets that help them organize their personal financial world and get focused on their own goals.

Session topics also include evaluating insurance needs and risk management, record keeping, financial professionals and how to find who and what you need. One guest speaker presented an ethical discussion about medical care and dying with dignity and Eileen wrapped up the course with information about preserving your wealth and your decisions when you approach the end of life.

The class was well received by students. Comments included:

  • motivating
  • practical
  • exceeded my expectations
  • I’ll bring my spouse next time  

One female student revealed, “I now have more confidence to speak with my own financial advisor!” – a big step for her.

I work with Eileen Sharkey and admit my bias towards her; however, Eileen has me observe her classes to assist and to give her honest feedback and that’s exactly what I do.