Partnerships

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: , , , , ,

KeyBank Foundation Gives Back to New York-Metro Teachers

KeyBank Foundation has donated $7,500 to the Council for Economic Education’s New York Center for Economic and Financial Education in support of K-12 financial and economic education in New York-Metro area schools.

The donation will provide professional development opportunities for New York teachers through two in-person workshops and two webinars. The Center will train 130 to 140 teachers who will, in turn, reach approximately 8,600 to 9,600 students. The teachers will receive Continuing Teacher and Leader Education (CTLE) credits for participation in these workshops.

“At KeyBank, we believe it’s never too early to introduce smart money management skills to young people, and help establish a foundation for Financial Wellness,” said KeyBank Market President Joseph Markey. “Giving teachers the skills and knowledge to bring financial literacy into the classroom is a great way to do this, and we are proud to support the initiative.”

KeyBank Foundation’s mission is to support organizations that prepare individuals such as teachers for thriving futures. This grant ties into their mission to support the workforce with the necessary skills, education and capabilities to further advance their professional careers and the futures of the children they serve.

“Currently, only 17 states require high school students to take a course in personal finance and only 20 states require high school students to take a course in economics,” said Nan J. Morrison, President and CEO, Council for Economic Education. “Even in states where requirements and standards are strong, very few teachers feel comfortable teaching financial topics. With KeyBank Foundation’s support, we are able to help close the knowledge gap.”

KeyBank Foundation, the nonprofit charitable foundation of KeyBank, serves to fulfill KeyBank’s purpose to help clients and communities thrive by providing meaningful philanthropic investments that transform lives. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service.

KeyBank has 54 branch offices serving individuals, families and businesses throughout its Hudson Valley/Metro NY market.

Representatives from KeyBank will be presenting the check on May 7th at 2 pm at KeyBank’s Tarrytown, NY office.

Further information:

To learn more about KeyBank Foundation’s mission, please visit: https://www.key.com/about/community/key-foundation-philanthropy-banking.jsp

Media and partnership inquiries, please contact April Somboun, Council for Economic Education, Director, Marketing & Communications, 212-730-6727.

POSTED: April 30, 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: , , , , , , , , , , , , , , , , , , , ,

Successful Leaders Share Their #MySavingsTip Throughout Financial Literacy Month

For Financial Literacy Month, in partnership with Natalie Zfat, Entrepreneur and Forbes Contributor, we enlisted successful leaders in all different fields such as Mark Cuban, Randi Zuckerberg, Andrew Ross Sorkin, Alexa von Tobel and others to inspire kids to start saving and raise awareness for personal finance and economic education in our nation’s schools. Throughout the entire month, the participants shared their best money-savings tip.

The #MySavingsTip campaign and a handful of participants were featured throughout the month on CNBC, CNBC Make It, Mashable and HuffPost. Here’s a great round-up along with an inspiring video of the campaign from CNBC Make It, Mark Cuban and 24 other leaders and execs offer their No. 1 best money-saving tip.”

It’s true: “you don’t have to be young to benefit from the advice.”

List of Participants:

  • Lo Bosworth, Entrepreneur, Author and Creator of TheLoDown
  • Mark Cuban, Investor, Entrepreneur, Television Personality and Owner of NBA’s Dallas Mavericks
  • Melissa Giannini, Editor in Chief, Nylon Magazine
  • Elizabeth Gore, Entrepreneur-in-Residence at Dell, Chair of the United Nations Foundation’s Global Entrepreneurs Council
  • Kelli B. Grant, Consumer Reporter, CNBC
  • Megan Hess, Mobile Editor, Bloomberg
  • Dan Kadlec, Journalist and Author
  • Brian Kelly, Founder and Editor in Chief at ThePointsGuy.com
  • Beth Kobliner, Journalist and The New York Times Best Selling Author
  • Ron LieberThe New York Times “Your Money” columnist and Author
  • Erin Lowry, Founder at Broke Millennial
  • Dr. Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy at the George Washington School of Business
  • Kathryn Minshew, Founder & CEO at The Muse, contributor to HBR, WSJ & Bloomberg
  • Nan J. Morrison, CEO & President, Council for Economic Education
  • Brian Page, Teacher, Reading High School, Cincinnati, Ohio
  • Mona Patel, Founder and CEO of Motivate Design
  • Carrie Schwab-PomerantzPresident, Charles Schwab Foundation and SVP Charles Schwab
  • Rosie Pope, Creative Director and Co-Founder of Rosie Pope Maternity
  • Chondra Sanchez, Creative Co-Director and Writer at Evil Ink Comics
  • Chris Siegfried, Mortgage Consultant- HomeStreet Bank
  • Ann Shoket, Author of The Big Life, former editor in chief Seventeen Magazine 
  • Andrew Ross SorkinThe New York Times Columnist/Editor, CNBC Squawk Box Co-Anchor, Author and Creator/Executive Producer of BILLONS on Showtime
  • Alexa von Tobel, Founder and CEO, LearnVest
  • Tara Lynn WagnerNY1 reporter
  • Natalie ZfatEntrepreneur and Forbes Contributor
  • Sam Zises, Founder and CEO, Learned Media
  • Randi Zuckerberg, Founder and CEO, Zuckerberg Media

 

 

 

 

 

 

POSTED: May 4, 2017 | BY: April Somboun | TAGS: , , , , , , , , , , , , ,

Mark Cuban, Randi Zuckerberg, Andrew Ross Sorkin and others to kick-off Financial Literacy Month with “My Savings Tip” campaign

Randi Zuckerberg

On April 1, the Council for Economic Education (CEE) will kick off a month-long financial literacy campaign, enlisting Mark Cuban, Beth Kobliner, Ron Lieber, Andrew Ross Sorkin, Alexa von Tobel, Randi Zuckerberg and others to raise awareness for personal finance and economic education in our nation’s schools. Participants will share personal savings tips on social media to inform and inspire kids to understand and take control of their financial lives.

With early and continued exposure to personal finance and economics, kids grow up to be better savers, investors, borrowers, voters and participants in the global economy. They can make better financial decisions for themselves and their families. CEE, in partnership with entrepreneur Natalie Zfat and economists, entrepreneurs, business leaders and journalists (see full list below) will be sharing their savings tips, in hopes to inspire kids to understand how critically important financial literacy is to set foundations for their lives and careers.

“We’re excited to launch the My Savings Tip campaign with Natalie Zfat and this group of inspiring participants to showcase the importance of financial literacy,” said Nan J. Morrison, CEO and President, CEE.  “Hearing directly from experienced leaders and entrepreneurs about their personal savings tips is a powerful message—we can’t thank them enough for helping to inspire young people through their messages.

“I can’t think of anything more important than a child’s education,” said Natalie Zfat. “It’s an honor to work with CEE again to help teach kids how saving is such an integral part of success.”

The #MySavingsTip campaign will run across multiple social media platforms throughout April to get kids talking about how to create lives of possibility. You can follow along via our Twitter and Facebook pages.

List of Participants:

POSTED: March 28, 2017 | BY: April Somboun | 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: , , , , , , , , ,

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