How to Advocate for Financial Literacy Education (or just learn more about Fin Lit Ed)
An overwhelming majority of people think financial literacy should be taught in schools. We couldn’t agree more. If you are inclined to rattle the cages of education officials and other representatives in charge of deciding these matters, or just want more resources or information about the status of fin lit ed in your state, this page is for you.
The Financial Literacy and Education Commission was established under the Fair and Accurate Credit Transactions Act of 2003 under the Department of the Treasury. The Commission developed a national financial education web site ( MyMoney.gov) and a national strategy on financial education. Mymoney.gov is focused on personal money management but it’s an informative site.
The National Endowment for Financial Education (NEFE) is the leading private nonprofit 501(c)(3) national foundation dedicated to inspiring empowered financial decision making for individuals and families through every stage of life. Again, the focus is a money management rather than global commerce, but it has a lot of information. http://www.nefe.org/#sthash.nYOAdSG1.dpuf
The Federal Deposit Insurance Corporation (FDIC) My wonderful alma mater! (Yes, I was an FDIC attorney for many years and can confirm these people are awesome.) Their site is FINANCIAL EDUCATION & LITERACY. Obtain education on important financial issues and topics. https://www.fdic.gov/consumers/education/ Loads of links to helpful fin lit resources.
The Council for Economic Education (CEE) is the leading organization in the United States that focuses on the economic and financial education of students from kindergarten through high school. Again, the focus is primarily personal finance. http://www.councilforeconed.org/policy-and-advocacy/survey-of-the-states/
If you want to check out how your state compares against other states for teaching fin lit, here is a good survey conducted and updated every two years by the CEE http://www.surveyofthestates.com/#state-of-financial-andeconomic-programs-across-the-nation.
Finlit education is gaining traction all over the country. We’ll update this page often, so c’mon back every couple of weeks to check out the new resources and links.