When one is interested in product design and you know nothing about it…..

I searched for how to become a product designer on YouTube and a video popped up explaining how to become a next level product designer. He mentioned the Human Interface Guideline for Apple products. I had never heard of it and decided to look into it. The Human Interface Guidelines are basically the principles for how the product should look and how mankind interacts with it.

The young person who is interested in this agreed to read the foundations section and take notes. I am still researching this area, such as design principles, UX/UI design, graphic design and coding. What is necessary? Classes on the list, so far are:

Adobe Illustrator

Adobe Photoshop

Adobe In Design ( because why not?)

Adobe XD

Figma

Basic HTML and CSS

The Secret Lives of Color by Kassia St. Clair. It is a short history on different colors.

Universal Principles of Design by Lidwell, Holden and Butler.

Classes on Domestika and Udemy

https://betheltech.net/curriculum/uiux

https://coursecareers.com/

This is the start but we need to find the the time to implement the plan.

The Important But Unappreciated Course of Study- Home Economics

Home economics is a vital but wide subject matter. The important subjects under home economics can vary from person to person. I believe it is something that starts in the home early, however if one did not start early, start where you are, I surely did. I personally came to the party of home economics quite late. In high school I took wood working to avoid home economics.

In my homeschooling, we do not have an official home economics course. The children were introduced to it early, so I would hopeful reduce the drama surrounding the need to help each other at home.

For example, as babies I would give them baby wipes to clean the tray of their stroller while we were running errands. They would clean everything and I would enjoy peace and quite while we shopped.

Also as babies they lived on my back when I spent time cooking and cleaning in the kitchen. As they got older I would place them on a chair and give them the scraps of vegetables I did not need, so they could pretend to cook.

I would also have them clean the table and the countertops. If they were in a bad mood, I learned if I gave them a job to do most of the time the bad mood would dissipate while cleaning cabinets or chairs.

They played in the empty laundry basket while I ironed. I bought a play stove, kitchen cookware, laundry, child size brooms and supplies so hopefully it would condition them into thinking work is fun, which it can be by the way. I think it worked for the most part, I do get some complaining every once is a while from the younger ones.

Once they could walk, I sent them to the garage to spend time with their papa. He was either working on cars, motorcycles, cleaning the garage, cutting grass, fixing the house or building something. Saturday mornings and afternoons were spent with him. He would place them in the stroller and move them around as he mowed the garden. We also renovated our house so there was a lot they could help with. This provided a way they could see that cleaning and home maintenance were important part of our lives. The quality of our work would dictate and quality of our life at home.

For financial literacy, I would give them receipt books from the store and they would make up menus for their fake restaurant. I talked and read books about money to them. We talked about investing, budgeting, 401k plans, IRAs, life insurance, generational wealth, millionaire next door, stock market, trading stock market, economics, taxes, real estate, accounting, finance and other subjects surrounding money. I admit, personal debt is not something I focus on because we want to live debt free. I would like them to own assets that can pay for current and future liabilities.

Home economics, at least for me, includes character. Without character a person will struggle in life. I want the children to have as many positive character traits they can get and continue to grow until the Lord calls them home. Traits such as honesty, discipline, courage, kindness, attentiveness, diligence, discernment, loyalty, perseverance, respectfulness, selflessness, teachable, vision, zeal and a spirit of excellence in everything they accomplish. This is a lifetime goal that should be worked on daily. What you practice when you are young is what you will do when you are old.

There are many subject one could included under home economics, however I will address them another day.

Trading skills 2.

There are three things we are learning as a family that pertain to trading. These are just the items I think are important but remember, there are no professional traders over here.

The first skill is learning to read charts which is called technical analysis. The course we are watching uses the Japanese candle sticks. The formation of the candle tells us the opening price; closing price and the high and lows of the day. The candles together tell us a story of where the stock was and the possible direction it may head. The course does not provide the candlestick formations because the creator of the course does not trade using that method. Her course is geared towards locating where the big institutions buy and sell stock.

The second skill is fundamental analysis. This is the evaluation of the financial health of a company. This includes looking at the financial statements, listening or reading earnings calls; reading the annual reports and the quarterly reports. I am also looking for the company’s risk; the future direction of company, competition and the health management of a company.

Lastly, trading psychology is one of the most important parts. I have heard and read that without a proper trading psychology a person can not become a profitable trader hence why 95% of traders fail. I am reading the books; watching videos; listening to podcast about trading psychology and the theme seems to be believe you can do it; have no fear of the markets; limit your losses and be disciplined.

Learning about the different markets is also very useful. What happens in the futures markets can affect the stock market. Since we are entwined with nations all over the world, their news events matter because it affects our stock market.

I am reading about the US and world markets using the old fashion way of newspapers. I find it is easier to turn a page than continuous scrolling and back clicking after reading short articles. It is quite entertaining to the young people to go outside and pick up the paper and to watch their parents read it. Reading the financial news, you become familiar with companies that move the markets and economic conditions that affect your investments or stock trades and now ones personal life.

How do we home school using this information?

  • I read and talk with the children about company events from the newspaper.
  • We watch videos, discuss and chart companies from different sectors.
  • I read to them sections of trading psychology books that I think will be helpful not just in trading but with their own lives.

Stock Market Notes 1.

Global Industry Classification Standards (GICS)

Companies are divided into sectors within the stock market. It makes it easier to compare companies with similar background. There are 11 different sectors, from these broad sectors companies can be further broken down into different categories. Also these sectors can be traded on the stock market. The stock ticker symbol next to each sector represents an ETF for that sector. ETF stands for exchanged traded fund. This means the ETF trades in stocks and securities of a specific sector or industry. There are other ETFs available for each sector.

  • Energy XLE
  • Material XLB
  • Industrials XLI
  • Utilities XLU
  • Healthcare XLV
  • Financials XLF
  • Consumer Discretionary XLY
  • Consumer Staples XLP
  • Information Technology XLK
  • Communication Services XLC
  • Real Estate XLRE

A beautiful website www.Finviz.com has the 11 broad GICS sector broken down into smaller categories. Lets use the Technology Sector as an example:

Technology

  • Software – Infrastructure
  • Semi Conductors
  • Information Technology Service
  • Consumer Electronics
  • Software Application
  • Communication Equipment
  • Semiconductor Equipment & Materials
  • Electronic Components
  • Computer Hardware
  • Scientific & Technical Instruments

Each of these subcategories under technology are list of companies in which a person can compare financial statements and stock performance. If a stock in one of these categories is not doing well maybe their competition is doing better job.

How do we homeschooling using this?

  • Become familiar with the broad categories
  • Compare the sectors ETFs stock performance with each of the broad sectors. What sectors are performing the best and the worst?
  • Within the broad categories look at the subcategories
  • Be able to look at stock performance of the top two leaders in the subcategory
  • Compare the companies financial statements and resent financial news of both companies

It does not need to be detailed, if that is your preference. Just an overview so if the children ever hear anything about it, they will not be completely clueless. It is also for me since I am learning right along with them.

Trading Skills 1.

I have a goal for the family, we are learning how to trade in stocks and options. One day I would like to learn commodities, Forex and Futures however, stocks and options are first. I think it is important to learn different types of skills and this one is very important to me.

Money can be made in the markets and an education without this knowledge just does not seem complete to me. The children may or may not become traders but it is still useful to them in long term investing.

I have had one the the children take a short stock market class made for children. The weekly class learned something about the stock market; how it works and paper traded which is fake trading.

As a family, we adults are taking two stock market courses and the older children are learning right along with us. They are being taught where to enter and exit a trade; how many shares to buy; risk management and which companies to trade.

Yes, we know most traders fail but that is not the point of teaching them this skill. We do not want them to think that only certain types of people can make money in the market. It is a skill that can be learned and used. I believe it will help them grow in knowledge of how the financial markets work; how the economy runs; how companies conduct business; and personal growth for them such as discipline and patience.

We will see how it goes!