Financially Fit

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: , , , , , , , , , , , , , , , , , , , ,

Cardrates.com shines the spotlight on our mission and impact

While standardized tests in our nation’s schools address the topics that we would most expect – math concepts, reading comprehension – what they fail to cover are the real-world skills that students need to be successful after graduation.

This is where the Council for Economic Education (CEE) comes in.

Since its creation just after World War II, CEE’s mission has been to equip K-12 teachers with the tools they need to create a strong financial education foundation for their students. “We provide professional development and resources for teachers,” said Nan Morrison, President and CEO of CEE. “The resources range from lesson plans for the classroom, interactive activities, games, an assessment center, and videos.”  Most of these resources you can find on CEE’s online teacher portal, EconEdLink, which accrues over 1.2 million sessions each year, or you’ll find them in one of CEE’s in-person professional development workshops.

Whether its through EconEdLink, or in-person professional development workshops, webinars or student competitions, CEE has the resources to meet teachers where they are with what they need.

Read CardRates.com full blog post about our impact to date and the programs we offer >>>

POSTED: March 5, 2018 | BY: Daniel Thompson | TAGS: , , , , , , , , , , , , , , ,

How to Get Financially Fit

With many money management resources at your fingertips, it can be easier than you think to teach your high school students how keep their personal finances in order. To become financially fit means for students to use their money wisely and to make conscious and informed decisions with their savings and spending.

First, many accessible online resources cHow to Get Financially Fitan help them create a budget that’s best for them and can help make it easier to stay on track with printables, apps, and email reminders. With the advent of banking and saving apps for smartphones, it’s now easier than ever for students with bank accounts to put away a small chunk into savings each time they get paid, which is important because you never know when an emergency will occur. Remind students to never forgo reading the fine print on any banking card options to avoid extra debit and credit card expenses like ATM fees, overdraft fees, or annual fees on top of the charges they already pay. Additionally, take advantage of the free online credit reports per bureau each year as your older student’s annual financial checkup to see if their credit is up to par so they can work on repairing it, if necessary.

The bottom line is that healthy finances can be easily achieved but not by accident. Online or offline, financial planning can work for your high school students now and in the future if you remind them to take mindful precautions and make thoughtful decisions with their money. Students will thank themselves for the time they spend planning because it is definitely worth the benefits of being financially fit for life.

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: June 24, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , , , , , , , , ,

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