Tim Duchow, left,
with Shaun Hughes, middle, and Ryan Hayes, right, in the
Oconomowoc High School Personal Finance Class. Duchow is
mentoring Hughes and Hayes on an investment plan they
OCONOMOWOC — Classes in personal finance have been
available at Oconomowoc High School for many years as
elective credits; however, starting with this year’s
freshmen class, personal finance will be required for
class has evolved over the years but the primary goal is
to start high school students thinking about money
management, savings, credit and controlling their own
finances after high school.
staff have developed an advisory team to help guide
curriculum planning and incorporate local business
leaders from the financial sector. Mentors like Tim
Duchow and Kristen Metcalf, both from Robert W. Baird &
Co., serve on the advisory committee and work directly
would challenge anyone to name a high school course that
is more important than personal finance,” said Duchow,
senior vice president at Baird. “No matter your final
education level or ultimate vocation, personal finance
touches every person, every day, for the rest of their
staff and the advisory committee started curriculum
planning by looking at data and financial trends,
especially for young people. It was clear that credit
and debt should be a large focus of the course, which is
the topic they started with in September.
Mark Gustin (right)
with Hannah Brandenstein (left) and Brianna Beers
(middle) in the OHS Personal Finance Class. Gustin is
mentoring Brandenstein and Beers on a savings plan they
kids need to understand the pitfalls of consumer debt
right away — it is one of the biggest problems our
economy faces and it’s growing every day,” said Duchow.
Through the course, students will learn about different
types of credit, managing credit, budgeting, savings,
taxes, insurance, and investing.
Personal Finance course will continue to evolve and seek
partnerships with local business and finance leaders.
These professionals help provide reallife insight and
experience to help students better understand financial
concepts and decision-making.
love teaching personal finance because it’s something
that all students will use in the near future and they
can easily see its value beyond high school,” said Kyla
Stefan, OHS business education teacher. “Students will
leave the course with relevant strategies to make sound
financial decisions in the future.”