Friday Thoughts: Numbers & Results
Even though I have an English background, deep down I’m a numbers guy. They’ve always fascinated me. Numbers represent problems to be solved, numbers provide solutions, and numbers tell stories.
For the past 11 weeks I have been leading a Financial Peace University (FPU) class at our church, and we just finished our final class on Wednesday. FPU is a class that teaches how to budget, save, and invest money, how to eliminate debt, and it also teaches about investments, insurance, and mortgages. I’ve taught the class six times and it never gets old. Here’s what our class of 10 families just accomplished in 11 weeks:
Non-Mortgage Debt Paid off: $33,507
Money Saved: $53,200
Credit Cards Cut Up: 24
That’s an average of $3,350 of debt eliminated plus $5,320 saved for each family… in 11 weeks! What a great beginning to an awesome story! If everyone in the class keeps up the intensity, just imagine what the future will look like.
I also shared some numbers & results from a student technology survey in this week’s faculty meeting— and the reactions were mixed, but maybe that’s because not everyone is a numbers person. I simply wanted to share the results and spark some conversations because they represent problems to be solved, they provide solutions, and they tell stories.
The survey results above tell the greatest story to me— a majority of our students have devices even if we don’t see students with them at school.
Our job now is to take these numbers and results and begin leveraging the technology students have available to them. It forces us to be creative, to learn new things, and take risks— which sounds a lot like what we ask students to do— and if we want students to do that, we must model it. And just like in our FPU class, we need to encourage each other and help other stay on track. In 11 weeks, the class made some incredible financial progress— just think what we could accomplish as a school in that same amount of time!
I’m looking forward to the challenge and want to be a resource if possible.