Financial Literacy in Education
The knowledge and skills set forth in the personal financial literacy standards cross all grade levels and disciplines. A comprehensive, developmentally appropriate pre-kindergarten through grade 12 program can promote personal financial literacy throughout numerous curricular areas. Educators from all grade levels can use the financial literacy standards to align instruction and create curriculum and activities designed to instill within students a desire to be financially literate. The standards are intended to help schools develop programs that provide the knowledge and skills to establish sound financial habits.
2017 Wisconsin Act 94, signed on November 30, 2017, requires school districts to adopt academic standards for financial literacy and incorporate instruction into the curriculum in grades kindergarten to 12. The act was published on December 1, and therefore became effective on December 2, 2017.
How can you be a financial literacy champion? Here are some ideas to get you started!
- Check to ensure that your school/district is embedding Wisconsin’s K-12 financial literacy standards into instruction.
- Talk to the administration in your district about the possibility of requiring a personal financial literacy course for graduation. Consider bringing your ideas to the school board.
- Research what other schools are doing! Wisconsin has many great models!
- Speak to local businesses to see how they might be interested in helping! Local banks and credit unions are great places to start!
- Consider applying for a grant from the DPI the next time they are available!
- Join the social media conversation!
- Join or plan an activity during Money Smart Week!
- Come up with your own ideas! The possibilities are endless...
Money Smart Week - April 21-28, 2018
Money Smart Week® is a public awareness campaign designed to help consumers better manage their personal finances. This is achieved through the collaboration and coordinated effort of hundreds of organizations across the country. Programming is offered to all demographics and income levels and covers all facets of personal finance.