Is The Financial Literacy Movement Just an Illusion?

Crash and Burn Is The Financial Literacy Movement Just an Illusion?

Let’s start with some basic history about the financial literacy movement;  in the United States, the movement really started to pick up steam in 1995.  That’s when former Chairman and CEO of Ford Motor Credit, William E. Odom, was credited with the concept that led to the formation of the Jump$tart Coalition.  And no; that’s not a typo in their name.  The S they use is really the key for money $!

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Teach More Financial Literacy? I Don’t Think So!

Mountain Top Screamer 1024x1024 Teach More Financial Literacy? I Don’t Think So!

Yes folks; Financial Literacy Month is almost upon us once again and here come the “mountain top screamers”.  You know them, right?  They’re not too hard to find; just Google Financial Literacy and hundreds of non-profits, politicians, and personal finance guru’s pop up shouting from the mountain top “Teach more financial literacy!”

Here, let me help you:

Wichita legislator Rep. Melody McCray-Miller, a Democrat, says she’s working on a proposal to make sure schools teach children about personal finance from kindergarten through the 12th grade

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Financial Literacy versus Financial Life Building Skills: Part Two

Financial Literacy Blog Post Image 2 1024x681 Financial Literacy versus Financial Life Building Skills: Part Two

In a recent article for Southern California Public Radio online titled States to consider financial literacy requirements for K-12 students, Education Reporter Vanessa Romo wrote about how schools have long tried to impart money management skills to students through a variety of programs such as elective classes in partnership with banks and nonprofit groups, after-school programs that teach economic basics and “life-skills” to round out a student’s academic education.

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