Financial Literacy
Fnancial literacy is the skill set necessary to be financially responsible adults, focusing on skills such as financing higher education, banking, savings, investing, etc. Financial Literacy is also a high school course.
BRIEF SUMMARY
Fnancial literacy is the skill set necessary to be financially responsible adults, focusing on skills such as financing higher education, banking, savings, investing, etc. Financial Literacy is also a high school course.
KEY POINTS
- A specifically identified course with personal finance concepts is not a graduation requirement in Indiana. However, Indiana high school students must meet the financial literacy education standards prior to graduation. Indiana allows each school district to determine how it will provide that instruction (2017 National Report Card on State Efforts to Improve Financial Literacy in High School.)
- Financial literacy includes understanding how a checking account works, what using a credit card really means, and how to avoid debt.
- Financial literacy is the confluence of financial, credit and debt management and the knowledge that is necessary to make financially responsible decisions – decisions that are integral to our everyday lives.
- Having financial literacy is important for personal success and a stable future.
- Financial literacy is a life skill.
- Financial literacy means that you can understand basic financial concepts and are able to manage your personal finances.
RESOURCES
- (Added 5/1/24, Linsay Osos, CTE Program Manager): Here is the link to the memo released by IDOE on February 5th regarding the Personal Financial Responsibility course. You can contact IDOE or the CTE team at CHE with questions.
- (Added 11/29/23): Money Guide for Teens: Essential Money Lessons You Should Learn In High School
- EVERFi- Financial Literacy demo video: This course equips students with the skill set necessary to be financially responsible adults, focusing on areas such as financing higher education, banking, savings, investing, etc. Total time – 6-8 hours
- Finance 101 is a section in the 6th-12th grade Indiana Career Explorer system https://indianacareerexplorer.com and consists of eleven chapters with full curriculum content, activities, resource links and more.
- Why Financial Literacy and Education is So Important (from Investopiedia)
- Why Financial Literacy is So Important (great resource for students, from Teen Vogue)
- 5 reasons why Financial Literacy is important for children
- Financial Literacy for Students
SHARED WISDOM
CONTENT FEEDBACK
If you have suggestions, feedback, or resources, please email counselor1stop@inspiresuccess.org and let us know.