CEE Board

CEE Report – Fall 2013

download cee report fa13 CEE Report – Fall 2013

Three times a year the Council for Economic Education releases the CEE Report, highlighting our new and noteworthy events, programs and partnerships, including pilot programs and joint ventures with key supporters.

“When we do not teach children about personal finance—about managing household budgets, saving for the future, or making informed decisions about larger investments in an education or a home—we are failing them in a shameful and costly way.

The United States cannot continue to miss the mark on the importance of financial education. Other developed countries around the world—including Australia and the United Kingdom, most recently—now require such instruction in their schools. We cannot afford to fall behind, and to fail our young people, in this fundamental respect. Our democratic system rests on the effective operation of a free market economy.”

- Richard Cordray
Director, Consumer Financial Protection Bureau, FINRA
Investor Education Conference, May 29, 2013

In This Issue

Upcoming Events
CEE’s NYC/Metropolitan Center for Economic and Financial Education
Note from Nan
The Texas Council on Economic Education
New Board Member: At a Glance
Vantage Point: Economic Perspectives from Wall Street Women
Thanks to You, CEE Exceeded Its 2013 Spring Appeal Goal
Join CEE’s Young Executive Council
Affiliate Achievements
The 2013 CEE Visionary Awards

Read more…

POSTED: September 20, 2013 | BY: kwilliams | TAGS: , , , , , , ,

Today is the last day of CEE’s Challenge Grant

June 30 is the final day of CEE’s $175,000 Challenge Grant.  Join in the effort to keep opportunity and optimism alive for America‘s youth. And, demonstrate your own financial literacy by taking full advantage of this matching grant opportunity!

 

 

We depend on donors to continue to utilize the best educational technology, build new programs to meet evolving needs, and develop the most up-to-date resources. Thanks to the generosity of our donor, Scott Booth, and our Board Co-Chairman, Barry Haimes, all gifts received by June 30 will be matched dollar-for-dollar up to $175,000.

Here are some ways that you can invest in a brighter future for our kids:

  • $150 donation trains one teacher in interactive classroom learning activities. That teacher will reach 50-150 students each year.
  • $500 donation outfits a classroom with books and materials about earning, saving, investing and managing money.
  • $1,250 provides a full scholarship for a teacher to attend CEE’s highly regarded 52nd Annual Financial Literacy and Economic Education Conference, where educators share best practices and receive training on new resources.
The educational programs coordinated by CEE would not be possible without the generous contributions we receive from businesses, private foundations, government agencies and individuals like you.

POSTED: June 30, 2013 | BY: Leslie Rasimas | TAGS: , , , , , ,

Erasing the Gender Gap in Financial Knowledge

Dr. Annamaria Lusardi, CEE Board Member and Director of the Financial Literacy Center, was quoted in this New York Times story, saying the idea “that women spend more is a myth.”

Lusardi’s 2011 study, “Financial Literacy Around the World: An Overview,” researched countries across the globe, and how men and women measure up, view financial literacy, and which countries have the best understanding of basic personal finance concepts.

Lusardi said women in all the countries studied were less likely than men to correctly answer questions about financial literacy, particularly those that used technical terms. The more sophisticated the question and the more financial jargon that was used, the less likely women were to answer the questions correctly.

Read the full story on the gender gap and financial literacy here.

POSTED: May 20, 2013 | BY: Leslie Rasimas | TAGS: , , ,

CEE in the News: Recession doesn’t change students’ econ savvy.

April was Financial Literacy Month, and educators, families, non-profit organizations and businesses across the country rallied in support of financial education.

The National Assessment of Educational Progress released The Nation’s Report Card: Economics 2012, Grade 12 at the end of April. These tests are administered by the National Assessment Governing Board, who develop assessment frameworks in mathematics, reading, writing, science, geography, U.S. history, civics, economics, the arts and technological literacy.

Students’ scores of economic literacy changed little between 2006 and 2012, suggesting that the national discussion about the millions of jobs that were lost and homes that were foreclosed didn’t translate to higher academic achievement. During that period, several states added an economics course to high school offerings and some started requiring it to earn a diploma.

The article “Recession doesn’t change students’ econ savvy” shares thoughts from financial literacy and economic education leaders, including Annamaria Lusardi, CEE board member, and Nan J. Morrison, CEE’s President and CEO.

CEE’s work has been mentioned specifically by Federal Reserve Chairman Ben Bernanke; “Financial education supports not only individual well-being, but also the economic health of our nation,” Bernanke told a town hall-style meeting with teachers in 2012. “As the recent financial crisis illustrates, consumers who can make informed decisions about financial products and services not only serve their own best interests, but, collectively, they also help promote broader economic stability.”

POSTED: May 6, 2013 | BY: Leslie Rasimas | TAGS: , , , , , , ,

CEE’s $175,000 Matching Challenge Grant through June 30

Join in the effort to keep opportunity and optimism alive for America‘s youth. And, demonstrate your own financial literacy by taking full advantage of this matching grant opportunity! Donate today.
CEE closes the gap between what students know about economics and finance, and what they need to know. We do this by educating the educators: providing the curriculum tools, the pedagogical support, and the community of peers that instruct, inspire, and guide.

We depend on donors to continue to utilize the best educational technology, build new programs to meet evolving needs, and develop the most up-to-date resources. Thanks to the generosity of our donor, Scott Booth, and our Board Co-Chairman, Barry Haimes, all gifts received by June 30 will be matched dollar-for-dollar up to $175,000.

Here are some ways that you can invest in a brighter future for our kids:

  • $150 donation trains one teacher in interactive classroom learning activities. That teacher will reach 50-150 students each year.
  • $500 donation outfits a classroom with books and materials about earning, saving, investing and managing money.
  • $1,250 provides a full scholarship for a teacher to attend CEE’s highly regarded 52nd Annual Financial Literacy and Economic Education Conference, where educators share best practices and receive training on new resources.

For more information, please contact Tarnisha Smart, Director of Development.

POSTED: May 1, 2013 | BY: Leslie Rasimas | TAGS: , , , , , ,

The Latino community will define America’s economic future. Will you help shape it?

Mike Periu 200x300 The Latino community will define America’s economic future. Will you help shape it?By Mike Periu, President, Proximo, Inc.; CEE Board Member.

My wife and I went out to dinner the other night with our three lovely daughters who are six, three and almost two years of age respectively.  While eating at this family restaurant, I noticed something that – unfortunately – is no longer that unusual; we were one of the few adults that had children and the only ones with more than two. I half-jokingly told my wife “I wonder how much our daughters will have to pay in taxes to support so many future retirees.”

My family is from Cuba and my wife is from Nicaragua, and like other Latinos, we have a large family.  According to the National Center for Health Statistics, the fertility rate for Hispanic women in the U.S. is 2.35, far above the replacement rate of 2.1 and significantly higher than the 1.6 experienced by Non-Hispanic, white women.  What this means is that our country’s population will be increasingly composed of and influenced by Latinos.  The country’s overall standard of living in a few decades will be largely defined by the financial and economic performance of Latinos. Read more…

POSTED: April 11, 2013 | BY: Leslie Rasimas | TAGS: , , , , , , ,

Resources

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