Survey of the States

Teaching Opportunity – February 2014

download teaching opportunity february 2014 Teaching Opportunity   February 2014

In This Issue:

  • The State of K-12 Economic and Financial Education in the U.S.
  • CEE Now Accepting Proposals for 53rd Annual Conference
  • Mobile Phones Matter
  • Economist Spotlight: Interview with Alan B. Krueger
  • Gen i Revolution – Finance Fun for Brooklyn Tech Students
  • This Day in History
  • How to Get Involved in your State’s Economics Challenge

Read more…

POSTED: February 7, 2014 | BY: kwilliams | TAGS: , , , ,

FINRA Releases 2012 National Financial Capability Study

Overwhelming Majority of Americans Believe Financial Literacy Should be Taught in Schools

The FINRA Investor Education Foundation (FINRA Foundation) released the results of America’s State-by-State Financial Capability Survey. The survey findings are available at www.usfinancialcapability.org, which features an interactive map of the United States, and allows the public, policymakers and researchers to delve into and compare the financial capabilities of Americans across all 50 states and the nation as a whole.

The 2012 Survey asked respondents whether they thought financial education should be taught in schools. An overwhelming majority (89%) of respondents said yes, indicating strong support for increased school based financial education.  As of June 2013, only 16 states require that some sort of personal finance education be offered in high schools and only 15 states require that course for graduation. The Council for Economic Education is working with state affiliates to increase these numbers so that more students have exposure to this important topic as part of the required curriculum. Read more…

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

CEE in the News: Leading the Way in Teaching Children About Personal Finance

The Philadelphia Inquirer recently highlighted top organizations that are leading the way when it comes to teaching our nation’s children about personal finance, despite the experts that imply the country is not doing a good job teaching financial literacy skills.

CEE, The Federal Reserve Bank of Philadelphia and the President’s Advisory Council on Financial Capability’s Money as Your Grow website were highlighted for their proactive approaches to improving financial literacy among the youth.

Read the full article here.

POSTED: May 29, 2013 | BY: admin | TAGS: , , , , , ,

The Importance of Financial Literacy

jeff atwater The Importance of Financial LiteracyBy Jeff Atwater, Chief Financial Officer, Florida Department of Financial Services.

As I reflect on today’s economy, I can’t help but think about how dramatically the cost of living has changed in the past 20 years.  In the 1990s, we were paying roughly $2.15 for a gallon of milk and $1.09 for a gallon of gas.  Within the last couple of decades, the cost of these items and many other daily staples has dramatically increased.

Our national leaders are struggling to balance the nation’s budget, just as many Americans struggle to balance their household budgets.  We live in an economic time when money is short and everyone is trying to find a way to do more with less. Read more…

POSTED: April 19, 2013 | BY: admin | TAGS: , , , , ,

Waiting for the Cavalry

Dan Kadlec 200x300 Waiting for the CavalryBy Dan Kadlec, author and journalist.

I’d like to think the cavalry is coming. But it isn’t—not quickly enough, anyway. For all the lip service to financial education and well-intentioned research surrounding what works best when it comes to teaching young people about money, much too little instruction is actually taking place. In plain view, the next generation is growing up as financially inept as the last.

Financial illiteracy brought us the Great Recession. Individuals had taken on crushing credit card debt, renounced the concept of an emergency fund and inked mortgages that made no sense. Sure, bankers were complicit. But that’s all the more reason to get serious about raising the public’s financial I.Q. Read more…

POSTED: April 10, 2013 | BY: admin | TAGS: , , , , , ,

We can do better than this. Our children need financial literacy.

Lynn Fitch We can do better than this. Our children need financial literacy.By State Treasurer of Mississippi Lynn Fitch.

On my way to make a speech recently, I made a quick stop at a local convenience store to grab a diet coke.  “That will be $2.28,” the young girl smiled.  As I handed her three $1 bills, the cash register chirped and the drawer popped open.  She reached for my change. “Oh wait,” I said, “I have three pennies.”  Her pleasant smile quickly faded and was replaced with a blank stare into the cash drawer. “Um…..hmmm…..uh…..so…..I’m not sure what to do,” she said in a confused, sheepish tone.

It’s unfortunate that many of our young people can’t count change or do the math.  We must give them the financial skill set and tools to succeed in life so they don’t have to learn the hard way.  We must create financial freedom for our children. Read more…

POSTED: April 4, 2013 | BY: admin | TAGS: , , , , , , ,

Resources

See our featured classroom materials. Free Download