19 Schools to Participate in Alabama Personal Finance Challenge

The Alabama Personal Finance Challenge, sponsored by the Alabama Council on Economic Education (ACEE), tests high school students on their knowledge of income, money management, spending and credit, saving and investing. Nineteen schools will participate in the challenge on April 23 at the University of Alabama.

“There are so many people who are totally unprepared for a financial crisis,” said Wanda McAbee, ACEE’s program director. “We want to use this competition as a vehicle to take what the students are learning inside the four walls of a classroom and apply it to the real world. We want to encourage and show students how to take more responsibility for their financial lives.”

The top two teams will battle it out Quiz Bowl-style, and the winning team will go on to the national competition, sponsored by the Council for Economic Education and Wells Fargo.

Read the full story here.

POSTED: April 18, 2013 | BY: admin | TAGS: , , , , ,

CEE in the News: CA Assemblyman Pushes Financial Literacy for High Schoolers

Findings from the Council for Economic Education have once again encouraged local leaders to promote financial literacy in their schools.

California Assemblyman Roger Hernandez’ bill to bolster financial literacy instruction at high schools statewide is making progress. The Diamond Bar-Walnut Patch has more on his efforts.

“Financial literacy is an issue of equity. Not everyone is given an opportunity at home to be financially literate,” Hernandez said. “Teaching this topic at schools prepares our students to enter an increasingly competitive workforce and gives them the tools to help protect themselves against predatory lending, credit card fraud and other deceptive practices.”

POSTED: March 28, 2013 | BY: admin | TAGS: , , , , , , ,

Statistics from CEE inspire mandatory personal finance course in Massachusetts

When CEE released the Survey of the States in early 2012, we supplemented the printed report with a website dedicated the state of financial and economic education, www.surveyofthestates.com.

Principal Julie Miller of Stoughton, MA, used statistics from CEE’s website when she went before the school committee to ask for a required personal finance course at Stoughton High School. Read more…

POSTED: February 19, 2013 | BY: admin | TAGS: , , ,

CEE’s Nan J. Morrison on The HuffPost Education Blog: Chicago Public Schools

Illinois has placed a high priority on the financial literacy of its students, as it was one of the first states to implement rigorous economic and personal finance standards. This semester, its largest city continues to raise the bar for school systems nationwide: Chicago Public Schools (CPS) introduces a dedicated personal finance course for 12th-graders with resources developed by CEE.

Nan J. Morrison, President & CEO of CEE, outlines what this means for CPS and our nation’s students in her latest blog post on Huffington Post Education, “Chicago Public Schools Raise the Bar for Financial Education.”

Read the full blog post here.

POSTED: February 11, 2013 | BY: admin | TAGS: , , , , , , , ,

Financial literacy necessary to survive personal cliff

James B. O’Neill, director of the University of Delaware’s Center for Economic Education & Entrepreneurship, shared his views on the importance of financial literacy and how we can avoid the ‘personal cliff.’

In his piece for Delaware Online, O’Neill says that many adults “are faced with credit issues starting with simple goods and services and moving to the larger purchases of automobiles and homes.” Read more…

POSTED: February 4, 2013 | BY: admin | TAGS: , , , , , ,

CEE in the News: Reality Check

Tennessee is one of only 14 states that require high school students to take a course in personal finance, according to CEE’s Survey of the States biennial report.

“Reality Check,” a program sponsored by the Chattanooga, TN Chamber of Commerce, teaches ninth-grade students how to budget their money. The Chattanooga Times Free Press documented the one-day exercise in an effort to bring attention to the need for financial literacy in high school. Read more…

POSTED: January 23, 2013 | BY: admin | TAGS: , , , , , , ,

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