Sunday, March 31, 2013

A cool financial literacy course for all ages!

I was sitting around the house relaxing on this Easter morning and checked out a great online financial literacy course offered by Wells Fargo. The best part about it...it has lessons for all ages, even young adults and adults! The resource is called Hands-On Banking (http://www.handsonbanking.org/).

Another great feature of this program is the pre- and post-tests available for the young adult and adult levels. In addition, you can report the results of these pre- and post-tests through the Hands-On Banking website to help compile results data on your students. I think this is a great feature!

Even better, this resource is completely FREE! There are shareable instructor guides, and much, much more! Check out this resource and let us know how you are using the materials with your students. With resources like this available, I expect to see some good results!

Saturday, March 2, 2013

Thoughts on financial literacy as a graduation requirement...

I want to take this opportunity to share my belief in financial literacy as a requirement for graduation from high school.

As one of the most valuable content areas a student can learn in high school (Thanks to Brian Page (@FinEdChat) for this paraphrased statement!), why don't all states require financial literacy content as a graduation requirement? Does every student use history education 20 years after high school? Maybe if they are a contestant on Jeopardy! How about chemistry? A foreign language? While students may (and I emphasize may) use bits and pieces of traditional content areas later in life, EVERY student will use financial literacy concepts over and over again throughout their life.

Make a stand! Join professional associations and private interest groups in getting financial literacy content in front of every student in every state and taught by qualified educators. Contact your state board of education. Write to legislators. What ever it takes, we must do a better job in this country of preparing young people for effective financial decision-making. Without financial literacy education, we have failed as an educational system of preparing students for real life.

Share your thoughts on making financial literacy education a graduation requirement. Tweet me @MCWhiteOH today! I look forward to your thoughts and views on this very timely and important educational issue.