Friday, March 15, 2013

Financial Education: Where Literacy & STEM Meet

Source: CEE
If you ask a roomful of educators, they'll all insist that personal finance education is vital for the recession-era generation. If you ask a roomful of superintendents, however, they'll likely grouse that their districts don't have the time, training, resources, curriculum, testing, and/or support for financial literacy classes. Even as this week's news has highlighted the emerging economic standards for K-12 students, many teachers feel ill-supported to incorporate the ideas of budgeting and investing into their lessons.

Fortunately, the Council For Economic Education (CEE) has prepared an array of carefully conceived resources to blend financial literacy into state curricula. We've long been advocates for folding the ideas of stocks, inflation, trade and consumerism into any existing class.

The United States Of Financial & Economic Literacy from Plusign on Vimeo.

Source: CEE
On March 1, 2013, we had the opportunity to attend the Annual Conference of the New York State Council for the Social Studies. We heard from Rick Fenner, a professor at Utica College and Director of the Mohawk Valley Center For Economic Education. Fenner introduced us to economic topics from U.S. history as well as the terrific site, EconEdLink. Developed by the CEE, EconEdLink presents free videos, links, data, and home extensions on a range of topics from advertising to entrepreneurship. It also allows for free personal accounts to save customized lessons and notes.

Source: Survey Of The States
The motion infographic (above), entitled "The United States Of Financial And Economic Literacy," was prepared by the CEE and designed by Plusign to broadcast startling statistics about today's monetary awareness. Meant as a companion to the "Survey Of The States" interactive website, the clip illustrates the urgent need for more financial literacy in our schools.

For an important reflection on the history of "money" education, we recommend "Why Financial Literacy Fails," by J.D. Roth in Time magazine. For other guidelines about layering economics into your lessons, check out the Jump$tart Coalition For Personal Financial Literacy.

Source: CEE


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