Education

The Necessity of Financial Education

April 17 150x150 The Necessity of Financial Education

By Richard Fisher, President & CEO of the Federal Reserve Bank of Dallas.

I am excited to express my support of Financial Literacy Month, an extremely important effort. Learning to make sound financial decisions is a skill that positively impacts people throughout their lives. I commend all of the educational institutions and non-profits that spend countless time and energy providing financial education. Read more…

POSTED: April 17, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , ,

Let’s Add an “F” to the Three Rs – Reading, Writing, Arithmetic, and Financial Literacy

April 4 199x300 Let’s Add an “F” to the Three Rs – Reading, Writing, Arithmetic, and Financial LiteracyBy Congressman Matt Cartwright, Pennsylvania’s 17th Congressional District.

This month we celebrate Financial Literacy Month in an effort to bring attention to this important life skill and encourage all Americans to take charge of their financial health. We’re confronted with a variety of financial decisions throughout our lives. Whether saving for retirement, buying a home, financing an education or simply putting away money in an emergency fund, a solid financial education is vital to making smart and responsible decisions.

The importance of consumer sophistication on financial matters has never been more important than it is in today’s economy. Unfortunately, Americans receive a failing grade when it comes to the subject.  According to Harris Interactive’s 2013 Consumer Financial Literacy Survey only 40 percent of adults say they have a budget and keep close track of their spending.  Approximately 60 percent of adults reported that they have not reviewed their credit score within the past year. Read more…

POSTED: April 4, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , , , ,

CEE Affiliate in the News: Econ Illinois Leads Finance STEM Learning Exchange

Econ Illinois, an affiliate of the Council for Economic Education, has been chosen to spearhead the Finance STEM Learning Exchange program in the state of Illinois.

STEM Learning Exchange partnerships coordinate statewide education and industry resources to support local programs of study organized by career clusters.

The Finance Learning Exchange will connect high school students with the proper resources to prepare them for college education and aid in the selection of future careers in the areas of securities and investments, business finance, accounting, insurance and banking.

POSTED: August 2, 2013 | BY: Morgan Hoey | TAGS: , , ,

Champlain College Center for Financial Literacy Grades the Nation

How much emphasis do you think is placed upon financial literacy in your state?  The Center for Financial Literacy at Champlain College has assigned a grade to each of the 50 states representative of their attempt to provide high school students with basic knowledge of personal finance.
The study was based upon CEE’s Survey of the States, a biennial reports that examines the status of economic education in the 50 states and the District of Columbia. According to the scale used by CFL Champlain College, nearly 60 percent of states earned a ‘C’ or lower with many states only offering finance courses as electives.

POSTED: July 30, 2013 | BY: Morgan Hoey | TAGS: , , ,

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