|
-
Iowa Personal Finance Challenge- The Iowa Finance Challenge ONLINE! is a FREE online financial literacy program available for middle and high school students. This online competition includes 30 questions for students to test their knowledge on income and money management, spending & credit, and saving & investing. Find out more information here.
-
National Economics Challenge- The challenge is an opportunity for students to demonstrate their knowledge of economics by competing in this FREE program with other students across the state in written and "Quiz Bowl" examinations. Find out more information here.
CFPB Releases Report on Youth Financial Capability
The Consumer Financial Protection Bureau (CFPB) recently released a report on youth financial capability in the United States based off the most recent PISA (Program for International Student Assessment) results. Some highlights of the Executive Summary include:
- The 2015 PISA financial literacy data exposes a large gap in financial literacy score based on
family socioeconomic status, as measured by the PISA’s Economic, Social, and Cultural Status
metric (ESCS)
- While roughly 87% of students report having monthly, weekly, or daily conversations with
family about money, deeper analysis shows that frequency of parental conversations about
money is not correlated with student or family characteristics.
- In schools where more than half of students receive FRPL (Free/Reduced Price Lunch), students’ financial literacy scores were substantially lower than those who are in schools where less than 25% of students receive FRPL.
- Without controlling for any factors, the 2015 PISA financial literacy data suggests that students
reporting they have a bank account scored 41 points higher than those who reported not having
a bank account. After controlling for other factors that could explain financial literacy
assessment scores (socioeconomic factors, school characteristics, and student characteristics)
having a bank account has at best only a weak association with students’ financial literacy score.
You can read the full report here.
|
Junior Achievement High School Experience
Did you know that Junior Achievement has a high school course? The course focuses on employment and income, money management, credit, debt, and keeping your money safe, and planning for the future. You can see an overview of the course curriculum and find out more information here.
Fast Lane
Fast Lane Education is a new financial literacy resource. You can find resources as a teacher, but the site also provides resources for community members, parents, etc. on the importance of financial education. Find out more at https://fastlane-education.org/.
Games from Next Gen Personal Finance
Next Gen Personal Finance has created several games to help teach financial literacy. These include Payback (paying for college), Stax (investing), Credit Clash (managing credit), Spent (budgeting), and more. See all of the games here.
Next Gen Personal Finance Fin Camps
Interested in learning more about Next Gen Personal Finance Curriculum. Check out their 1-day Fin Camps. There is one being offered in Omaha on April 2, 2020 and another in Oak Brook, Illinois on April 22, 2020. Find out more here.
Stefanie Rosenberg Wager
Social Studies Consultant
21st Century Skills- Civic and Financial Literacy
World Languages
Iowa Department of Education
Grimes State Office Building
400 E. 14th Street
Des Moines, IA 50319
Phone: 515-725-7842
Cell: 515-419-2876
Fax: 515-242-5988
Email: stefanie.wager@iowa.gov
Social Studies standards, website, Iowa Core Social Studies, newsletter, calendar, Pinterest
Financial Literacy website, newsletter, Pinterest
|
