EconEdLink

Teaching Teachers the Ins and Outs of Financial Literacy


“Education is the most powerful weapon which you can use to change the world.”  – Nelson Mandela


To fully appreciate this blog, we must first get real about the state of financial literacy in our country. 

The case for teaching teachers:

Research suggests that children begin developing attitudes and behaviors about money as young as six or seven, the same age most enter their first formal educational setting.  Surprisingly though, only 17 states require high school students to complete a course in personal finance.  According to the University of Wisconsin-Madison, 89% of teachers believe more should be done, but only 20% feel “very confident” to deliver any of the six curriculum topics surveyed.

Opportunity knocking…

In 2015, The North Carolina Council on Economic Education (Winner of the 2018 CEE Council of the Year Award) and Fidelity Investments® set out to change the narrative.  The original vision: Develop a stand-alone financial literacy professional development workshop designed to fully equip teachers with the resources needed to help students appreciate the importance of personal finance.  As the program quickly grew in popularity, so did a desire from educators to further improve their own understanding too.  Insert Jump$tatrt and their acclaimed “Financial Foundations for Educators” curriculum.  This combination of knowledge AND tools was the secret sauce for a lasting solution that continues to inspire financial futures today.  “Teacher Trainings” are now hosted in all 11 Fidelity Investments locations across the United States.

“When we can share our expertise, especially with the community, it’s an authentic way to give back and make a difference.”  – Pamela Everhart, Head of Regional Public Affairs and Community Relations, Fidelity Investments

 

 

 

 

 

 

 

 

 

 

 

Student impact multiplier effect: 

Since inception, the program has reached more than 1,400 teachers and, in turn, 150,000+ students.

I look back at my younger self and I think about what I wish I’d known.  To be able to introduce these concepts to my students means they’re getting a jump start in life.” 

Krista Scarlett, Teacher, Goffstown High School, NH.

With more and more young people acquiring student loan debt, the need for personal finance is more dire than ever.  CEE will continue to play our part and – together with you – help combat those earlier, opportunistic statistics…one deserving student and teacher at a time.

Learn more about our mission and visit our free K-12 teacher website, EconEdLink where you can find personal finance and economic lesson plans, digital activities, videos, webinars, and more.

POSTED: October 11, 2018 | BY: Daniel Thompson | TAGS: , , , , ,

Exciting new partnership: CEE & Kidfund

We are excited to announce we have teamed up with Kidfund to make it easier for families to save for their children’s future and college tuition. Kidfund is a socially powered savings app that lets families and friends contribute to the child’s account. The app engages the child in the process so they can understand the power of saving and watch their money grow.

This partnership is a natural extension of CEE’s mission to provide children with the knowledge and tools to create financial stability for themselves and their families. As a result of the CEE and Kidfund partnership, CEE will receive $10 for each new family that opens an account and starts to save to support its mission.

We hope you’ll sign up for your child’s free account today and/or pass along this information to others who you think can benefit from this. And, for a limited time only, families new to Kidfund will receive $5 when they sign up and start saving. The funds are held securely in individual accounts at USALLIANCE Financial. The accounts are completely free (no fee, no minimums), earn 3% interest on the first $500, and are FDIC insured up to $250,000.

To  learn more about the partnership and how to download the Kidfund app, please visit: https://www.kidfund.us/cee-partnership

 

 

POSTED: April 23, 2018 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , , , , , , , , , ,

Council for Economic Education Produces Content for Minecraft: Education Edition

Logo_Header-Minecraft-Ed-edition

The Council for Economic Education (CEE) is excited to announce new educational content released for Mojang and Microsoft’s Minecraft: Education Edition. CEE released two free Minecraft lesson plans providing teachers, grades 3-5 nationwide the opportunity to further engage their students on the subject of economics via one of the most popular games in the world.

The lesson plans are designed for students to explore how to make smart economic choices in a team setting. When playing Minecraft, students will evaluate costs and benefits to help determine the types of resources needed to build a structure. In turn, when they’ve created a structure in Minecraft they will reflect on how their economic decisions made a positive or negative impact on their built environment.

“We are excited about our activities with the Minecraft Education team,” said Nan J. Morrison, CEO and President, CEE. “The fact is that only 20 states require students to take a course in high school economics and it’s our mission to ensure kids at every age are given the opportunity to learn key economic concepts. Using Minecraft is a fun and easy way to teach kids about fundamental life skills – choices, costs, and benefits – all core principles of economics.”

CEE will continue to develop free Minecraft lesson plans tied to economic concepts for teachers to use in the classroom. To view the two free lesson plans, please visit:

Teachers can sign-up for a trial of Minecraft: Education Edition by visiting: http://education.minecraft.net/get-started/.

POSTED: March 8, 2017 | BY: April Somboun | TAGS: , , , , , , , , ,

2016 Alfred P. Sloan Foundation Teaching Champions

BLOG Image - 2016 ALFRED P. SLOAN FOUNDATION TEACHING CHAMPIONSWe’re thrilled to announce the winners of the 4th annual Alfred P. Sloan Foundation Teaching Champion Awards, honoring three outstanding NYC metropolitan area teachers for excellence in economic education.  Demonstrating innovative teaching methods, lesson plans and learning strategies, these teachers are raising the bar for economic education, and will receive the Sloan Award at our annual Visionary Awards gala at the Plaza Hotel in New York City on Wednesday, October 26.

Selected by an expert panel of judges, this year’s winners stood out for their creativity and ability to effectively engage students. This year’s winning teachers are: Theresa Fisher, Ridgefield High School, Ridgefield, CT; Jonathan Joseph, White Plains High School, White Plains, NY; and Gloria Schneider, SAR High School, Bronx, NY.

“We applaud these outstanding teachers for their innovation and dedication to making economic concepts come alive for their students,” said Nan J. Morrison, CEE President and CEO.  “We hope that by bringing awareness to their achievements, these educators will inspire their fellow teachers to bring economics and personal finance to every classroom.”

The winners will co-facilitate a training workshop for area teachers and share their best lessons with teachers nationwide through videos on Council for Economic Education’s teacher website, EconEdLink. Winners receive a $5,000 prize, and their schools receive a cash award of $2,500 to support economic and financial education.

Offered since 2013, the Alfred P. Sloan Teaching Champion Awards promote economic education at the high school level by recognizing and honoring teachers who effectively deliver this important content in and out of their classrooms and achieve results. The three award recipients provide students with an understanding of economics and the tools to make informed and responsible decisions throughout their lives.

Congratulations to these three outstanding teachers!

POSTED: October 13, 2016 | BY: April Somboun | TAGS: , , , , , , , , , ,

New Topic on EconEdLink: Election Economics

EconEdLink-1318-

The Council for Economic Education is pleased to announce the release of a series of lesson plans to help educators (grades 9-12) teach the election and economics in their economics, civics, government, and other social studies courses. The lessons are all available for free on our teacher website EconEdLink.

Topics covered include:

  • Can Election Futures Markets Be More Accurate Than Polls?
  • Voters and Elections (Who Votes and Why?)
  • Money and Elections, Economic Misery and Presidential Elections, and more

Throughout the summer, additional lessons will be added on important campaign topics as the campaign continues to unfold, and CEE will also be hosting a free webinar for teachers on how to incorporate these lessons into their classrooms.

To ensure that you receive information about upcoming webinars and new materials available on EconEdLink, you can register for free at the following URL: www.econedlink.org/register.

If you have any questions, please contact April Somboun.

POSTED: May 4, 2016 | BY: April Somboun | TAGS: , , , , , , , , ,

More from the CEE