Personal Finance Education

For Florida’s Students, Money Matters

It’s a sobering thought: Florida’s students are graduating high school without a good understanding of how to manage money.

mikebellheadshotfcee 300x225 For Floridas Students, Money Matters

Michael L. Bell, M.E.d., Executive Director of the Florida Council on Economic Education

The unfortunate truth is, nearly half of Florida’s graduating seniors lack comprehension of financial basics like credit scores, balancing checkbooks, paying back loans and avoiding bankruptcy. For each student who graduates prepared, another leaves school unready to meet financial challenges.

One of the reasons for this is lack of adequate financial education. A recent study by the Council for Economic Education found that students in states with a specific, required financial literacy course were more likely to save and pay off credit cards, and less likely to be compulsive buyers and make late payments.

Florida took a step in the right direction in 2013 by including financial literacy content in its education standards – but it didn’t go far enough.

While deliberating the bill that introduced some level of financial education to our students, lawmakers became alarmed by the growing trend of crushing personal debt incurred by high-school graduates. Research has shown this debt not only impairs their ability to find a job, but also their ability to keep one.

Fortunately, lawmakers did the right thing in that 2013 bill that required financial literacy for our high-school students. The Florida Department of Education also studied the cost of a one-semester, half-credit statewide course and found it to be very reasonable, as little as $140,000. And last month, the DOE finished updating our state’s education standards to prepare for a required financial literacy course.

So what’s left to do?

Lawmakers just need now to finish what they’ve started, by passing legislation to create that required course on financial literacy. We call it the Money Course. But Florida’s students – and businesses – may well call it a lifesaver when our graduating seniors hit campuses, offices and shops knowing how to keep and manage their money for a lifetime.

This article was originally written by Michael Bell and posted on the Pensacola News Journal July 26th 2014.

POSTED: July 31, 2014 | BY: GeorgiAnna Carbone-Wynne | TAGS: , , , , , , , , , , , , , ,

Florence Falatko from Cromwell Valley Elementary on Teaching Outside of the Classroom

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 4 of 8.

Florence Falatko from Cromwell Valley Elementary Regional Magnet School of Technology in Towson, Maryland, teaches 5th graders that are motivated and excited to learn about economics in and out of the classroom. Ms. Falatko has found innovation with Edmodo, a web platform administered by the teacher, where students can discuss and collaborate on projects in addition to communicating with their teacher during off hours. The result? Students leave Ms. Falatko’s economics class with a thorough understanding of financial literacy as they go forward for the rest of their education.

Stay tuned for the next edition of CEE’s new Blog Series, Teaching Techniques: Classroom Innovation on Economic Education on August 6th

POSTED: July 30, 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: , , , , , , , , , , , , , ,

Gen i Revolution Online Games Now Optimized for the iPad and Other Tablet Devices

gen i revolution tablet featured Gen i Revolution Online Games Now Optimized for the iPad and Other Tablet Devices

If you or your students have played our online investing game Gen i Revolution, or the two newest additions to the suite, Beyond the Mission and Murktide Invasion, you know how much fun and engaging they can be. Now, in collaboration with H&R Block Dollars & Sense, we’ve optimized the original Gen i Revolution for tablet devices, and made it available to play on Facebook–meaning you can play the entire Gen i Revolution suite of games anytime and anywhere!

These interactive games are using social and digital media to teach students about saving and investing. With Facebook integration and tablet compatibility, the online games, designed for grades 9-12, make it easier than ever for students to engage with personal finance concepts a beyond the classroom.

Visit www.genirevolution.org to play the full suite of games. Or play on Facebook at  www.facebook.com/genirevolution.

POSTED: January 9, 2014 | BY: Morgan Hoey | TAGS: , , , ,

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