Financial Education

Jennifer O’Neil from Concord High School, Delaware on Economics and Entrepreneurship

CEE’s Blog Series on Teaching Techniques delivers teaching ‘best practices’ from practitioners in the field. These K-12 teachers from all over the United States present their proven tactics and techniques that keep their students interested and engaged in learning economics and personal finance concepts and lessons. Part 3 of 8.

Jennifer O’Neil from Concord High School in Wilmington, Delaware, has shown her students that creativity goes hand-in-hand with economics. After finishing the entrepreneurial section of CEE’s publication, Financial Fitness for Life, she divided her class into groups of two or three students and assigned a project — to create never-before-seen product and put it out to market. Her students came up with phenomenal ideas for products and apps and Ms. O’Neil was able to demonstrate the importance of entrepreneurs in helping our economy.

Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on July 30th 2014.

POSTED: July 23, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , , , , , ,

CEE’s Free Car Shopper App Available

The Council for Economic Education is introducing their new Car Shopper App, now available on the Android App store for free! Teach students what it really means to purchase a car with Car Shopper. With this app, it’s easy for students to unlock the hidden costs of their dream car in order to see for themselves. Students will be able to compare what they thought the cost of a car was versus the actual cost, by seeing the app adding up gas prices and factoring in finance options.

Inside the app, students can pick the type of car they want while the app links to real and current prices of cars. After selecting their car, students then get to choose financing options for their purchase by toggling the amount of money they want to put down, the finance rate, and contract length. Next, gas prices are then factored in and tailored to your region for accuracy in pricing. By the end, the student is shown a breakdown of the car’s price, indicating the final total and the price per month.

Carshopper App1 182x300 CEE’s Free Car Shopper App Available

This visual representation will show students, first-hand, the cost-benefit analysis of buying their dream car. By taking them step-by-step through the process, this free app is able to show how the prices add up and how buying a car is something to be carefully calculated before making any purchase.

Written by GeorgiAnna Carbone-Wynne, a rising junior at Wake Forest University in Winston-Salem, North Carolina studying English and Communications. She is currently a marketing intern at the Council for Economic Education.

POSTED: July 22, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , , , , , , , , , ,

CEE In the News: Florida first to adopt national financial education standards

This June, Florida became the first state in the nation to adopt CEE’s National Standards for Financial Literacy, and the news was met with an overwhelmingly positive response in the media.fl1 CEE In the News: Florida first to adopt national financial education standards

Tampa Bay Times and Financial Corps were the first to cover the news, applauding Florida for taking this important step in improving financial education for students.  Madeline Will of Education Week spoke with CEE CEO and President Nan Morrison and Mike Bell, the Executive Director of the Florida Council on Economic Education about how the adoption of the Standards will “strengthen the teaching of financial education in American schools.” And in a Huffington Post article, financial literacy expert Mary Johnson of Higher One points to Florida’s efforts as “an encouraging development,” adding that she hopes “other states will similarly follow suit.”

POSTED: July 21, 2014 | BY: Annamarie Cerreta | TAGS: , , ,

CEE Hosts “Building the Financial Literacy of Illinois Students” Event in Chicago

Last month in Chicago, the Council for Economic Education held the third of our Spring series of policy luncheons on “Building the Financial Literacy of Illinois Students.” Two panel discussions addressed two topics: first, the role of public-private partnerships in advancing financial literacy education; second, financial literacy success stories from Chicago Public Schools.

Moderator Gail MarksJarvis of the Chicago Tribune opened by addressing the importance of teaching the grammar of financial literacy through an early education: “The financial industry knows financial information inside and out, but because of this, they have a hard time speaking English. People think these financial experts know some secret. There is no secret.” State Senator Tom Cullerton concurred, noting that “The earlier we can teach people financial literacy, the better off they can be,” and pointing out the critical role of our educators: “You have to have the teachers educated to this and passionate about sharing this with our kids.” Read more…

POSTED: July 17, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , , , , , ,

Jean McKnight from Cienega High School, Arizona on Tech for Teachers

CEE’s new Blog Series on Teaching Techniques delivers teaching ‘best practices’ from practitioners in the field. These K-12 teachers from all over the United States present their proven tactics and techniques that keep their students interested and engaged in learning economics and personal finance concepts and lessons. Part 1 of 8.

Jean McKnight from Cienega High School in Tuscon, Arizona, has discovered that her freshman class, armed with laptops in hand, is more likely to be engaged in learning if they can combine learning with being on the computer. Apps, websites, and videos bring economic concepts to light for her high school students and spark a love of learning that wasn’t there before.


Also of interest… check out “Tech for Teachers” presentation by CEE’s Director of Educational Technology, John LeFeber found on EconEdLink, here.

Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on July 16th, 2014.

POSTED: July 9, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , ,

Economic Outlook from the Boardroom – Perspectives from Women of the Board

On May 13, CEE held another exciting discussion in the Vantage Point series, covering the Economic Outlook from the Boardroom: Perspectives from Women of the Board. Held over breakfast at the Harvard Club of New York, an esteemed panel of leaders shared their insight and their own personal experience while discussing the challenges of women in the boardroom and beyond.

CEE’s CEO and President Nan J. Morrison opened the program, while Ellen Hughes-Cromwick, Director and Chief Economist of the Ford Motor Company, moderated the panel.

WomensBreakfast 300x225 Economic Outlook from the Boardroom   Perspectives from Women of the Board

From Left to Right: Ellen Hughes-Cromwick, Mellody Hobson, Mary Schapiro, Nan Morrison, and Cathy Minehan.

The Hon. Mary Schapiro, 29th Chairman of the SEC, Former Chairman and CEO of FINRA, and a 2008 CEE Visionary Award winner, presented first, noting that only 18% of corporate board seats are held by women—and yet, when women make up a larger percentage of a board, it’s more likely to see a higher return on capital and sales.

Mellody Hobson, President of Ariel Investments, followed up by addressing the importance of both gender and racial diversity, and how it creates real value for companies.

Rounding out the panel, Ms. Cathy Minehan discussed some of the ways that gender disparity is being addressed, like the 2020 Women on Boards, an initiative to increase the percentage of women serving on corporate boards.

One of the most important initiatives to bridging the inequality gap is early financial education. And given our mission here at CEE, to promote financial and economic literacy in K-12 students, we couldn’t agree more.

POSTED: May 30, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , ,

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