By Janet Pinto, Chief Academic Officer, Curriki
A recent report by KUSI (http://www.kusi.com/story/30321212/financial-literacy-in-schools) stated that the State of California fails to educate students in personal finance, and that this lack can affect them throughout their lives.
The article noted that California was given an F by The Center for Financial Literacy, which graded the 50 states and the District of Columbia in 2013 and again in 2015. You can check the grade for your state at: http://www.champlain.edu/centers-of-excellence/center-for-financial-literacy/report-making-the-grade. A majority of the states received C grades or lower, and only 5 states received an A grade.
Jacqui Pernicao, the COO of Junior Achievement of San Diego County, said that “Nearly 60 percent of our young people don’t feel that by the age of 24 they will be financially sound, they’ll be able to function on their own financially,” she said. “We teach the students how to get a job, how to manage their money, how to start a business if that’s what they choose.”
At Curriki we have a number of free, open resources for educators to address financial literacy in the classroom.
Here are the various topics you can find in the Curriki Financial Literacy Collection:
- Canada’s Plastic Money – paper money is now plastic!
- Finance and Budgeting – recording debits and credits, and more
- Math and Financial Topics – instructional unit & lesson plans
- Financial Literacy and Philanthropy – learning to give
- Personal Finance – project-oriented
- Finance Chapter (grade 12) – loan calculations and more
- Finance Chapter (grade 11) – depreciation and more
- Finance Chapter (grade 10) – foreign exchange and compound interest
- Financial Literacy – money lesson plans
How is your school district doing in imparting financial literacy to students? Take a look at these resources, see how they can help your students.