Councils & Centers

Cocktail Party Advice: Never an Economist and Always an Advocate for K-12 Personal Financial Education

Andrew Hill1 225x300 Cocktail Party Advice: Never an Economist and Always an Advocate for K 12 Personal Financial EducationBy Andrew Hill, Economic Education Advisor at the Federal Reserve Bank of Philadelphia; and Adjunct Professor of Economics at Temple University.

Cocktail party conversation can often be difficult for even the most adept conversationalists among us. When meeting new people, an unavoidable topic is always what you do for a living. I was trained in graduate school to expect people to respond in unpredictable ways when I explain that I am an economist. Read more…

POSTED: April 30, 2013 | BY: admin | TAGS: , , , , , , , , ,

Wear Green for a Chance to Win in our Affiliate’s Photo Contest for Financial Literacy Month!

WearGreen 300x282 Wear Green for a Chance to Win in our Affiliates Photo Contest for Financial Literacy Month!The Economics Center at the University of Cincinnati is celebrating Financial Literacy Month with a photo contest!

Please WEAR GREEN and encourage your colleagues, teachers, students and friends to join you. Post a picture on their Facebook Page and the photo with the most “LIKES” will win $50 Visa Gift Card. The winner will be announced on Tuesday, April 30.

Contest Details:
•    Submit Photos through Friday, April 26.
•    A gallery of photos will posted on the Center’s Facebook Page on Friday.
•    Vote for your favorite photo Friday, April 26 – Monday, April 29.
•    Winner will be announced on Tuesday, April 30!

Good luck, and thanks for supporting Financial Literacy Month!

POSTED: April 24, 2013 | BY: admin | TAGS: , , , , ,

PA Senate Approves Gordner Resolution for Financial Literacy

Recognizing the importance of financial and economic knowledge, the PA state Senate has passed a resolution authored by Senator John R. Gordner (R-27) to designate April as “Financial Literacy Month” in Pennsylvania.

“Knowledge of finance is essential to ensure individuals are prepared to manage credit and debt, invest, and become responsible workers, business leaders and entrepreneurs,” said Senator Gordner.  “A knowledge of finance has been linked to lower delinquency rates for borrowers, higher contributions to savings and retirement plans, and a higher net worth.”

Senate Resolution 92 encourages employers, schools, financial institutions and the media to provide opportunities for financial literacy education by collaborating with organizations such as EconomicsPennsylvania.

economicspa 300x214 PA Senate Approves Gordner Resolution for Financial Literacy

(L-R) Senator Gordner; Jennifer Dodge, Director of
Governmental Relations, EconomicsPennsylvania;
Fritz M. Heinemann, President, EconomicsPennsylvania;
and Lieutenant Governor Jim Cawley present Senate
Resolution 92.

 

POSTED: April 18, 2013 | BY: admin | TAGS: , , , , ,

19 Schools to Participate in Alabama Personal Finance Challenge

The Alabama Personal Finance Challenge, sponsored by the Alabama Council on Economic Education (ACEE), tests high school students on their knowledge of income, money management, spending and credit, saving and investing. Nineteen schools will participate in the challenge on April 23 at the University of Alabama.

“There are so many people who are totally unprepared for a financial crisis,” said Wanda McAbee, ACEE’s program director. “We want to use this competition as a vehicle to take what the students are learning inside the four walls of a classroom and apply it to the real world. We want to encourage and show students how to take more responsibility for their financial lives.”

The top two teams will battle it out Quiz Bowl-style, and the winning team will go on to the national competition, sponsored by the Council for Economic Education and Wells Fargo.

Read the full story here.

POSTED: April 18, 2013 | BY: admin | TAGS: , , , , ,

Financial Literacy Month aimed at raising awareness to manage funds

Cory Wilson Financial Literacy Month aimed at raising awareness to manage fundsBy Cory T. Wilson, Chair-elect, Mississippi Council on Economic Education; Attorney, Heidelberg Steinberger Colmer & Burrow.

Mississippi Governor Phil Bryant has issued a proclamation designating April as Financial Literacy Month.

Chances are, I realize, the designation is probably not on your smart phone calendar, and it may not be the theme of many spring parties. But it merits attention and not just in April.

As millions of Americans endured the drudgery of filing their tax returns April 15, a few thoughts on financial literacy are in order. Of course, it takes more than a Master’s degree in finance to understand our byzantine tax code, so leave that to the accountants and the tax software folks for the moment. Financial Literacy Month is aimed at raising awareness of a problem more basic and epidemic. Read more…

POSTED: April 17, 2013 | BY: admin | TAGS: , , , , , , ,

I wish I’d known that!

Lori Berkes Nelson 214x300 I wish Id known that!By Lori Berkes-Nelson M.S.Ed., President, Econ Illinois.

I had not heard the word “economics” until I was in high school, and then it was attached to Consumer Economics and I walked away from that class with an understanding of how to write a check and how to keep a checkbook balanced – both very important skills as I became an adult.  But, what if I had been taught the economic way of thinking from the time I was in kindergarten?  If I had understood “opportunity cost” when I was in grade school or scarcity when I was in high school or compounding interest rates when I graduated college, perhaps I would have been better-prepared to avoid debt. Read more…

POSTED: April 16, 2013 | BY: admin | TAGS: , , , , , ,

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