Financial Literacy Month

Mark Cuban, Randi Zuckerberg, Andrew Ross Sorkin and others to kick-off Financial Literacy Month with “My Savings Tip” campaign

Jeffrey Lacker FRBRichmond MySavingsTip2 1024x613 Mark Cuban, Randi Zuckerberg, Andrew Ross Sorkin and others to kick off Financial Literacy Month with My Savings Tip campaign

On April 1, the Council for Economic Education (CEE) will kick off a month-long financial literacy campaign, enlisting Mark Cuban, Beth Kobliner, Ron Lieber, Jeffrey M. Lacker, Andrew Ross Sorkin, Alexa von Tobel, Randi Zuckerberg and others to raise awareness for personal finance and economic education in our nation’s schools. Participants will share personal savings tips on social media to inform and inspire kids to understand and take control of their financial lives.

With early and continued exposure to personal finance and economics, kids grow up to be better savers, investors, borrowers, voters and participants in the global economy. They can make better financial decisions for themselves and their families. CEE, in partnership with entrepreneur Natalie Zfat and economists, entrepreneurs, business leaders and journalists (see full list below) will be sharing their savings tips, in hopes to inspire kids to understand how critically important financial literacy is to set foundations for their lives and careers.

“We’re excited to launch the My Savings Tip campaign with Natalie Zfat and this group of inspiring participants to showcase the importance of financial literacy,” said Nan J. Morrison, CEO and President, CEE.  “Hearing directly from experienced leaders and entrepreneurs about their personal savings tips is a powerful message—we can’t thank them enough for helping to inspire young people through their messages.

“I can’t think of anything more important than a child’s education,” said Natalie Zfat. “It’s an honor to work with CEE again to help teach kids how saving is such an integral part of success.”

The #MySavingsTip campaign will run across multiple social media platforms throughout April to get kids talking about how to create lives of possibility. You can follow along via our Twitter and Facebook pages.

List of Participants:

POSTED: March 28, 2017 | BY: April Somboun | TAGS: , , , , , , ,

CEE Launches Student Poster Contest for Financial Literacy Month!

58adb3b2da0c9 studentpostercontest 1024x657 CEE Launches Student Poster Contest for Financial Literacy Month!

The Council for Economic Education (CEE) is excited to announce the launch of our Financial Literacy Student Poster Contest open to all NYC Metro area teachers and their students*.

Teachers are invited to submit their students’ creative posters that illustrate a personal finance or economics concept. Four winners will be selected by CEE – one from each grade band (K-2; 3-5; 6-8 and 9-12).

The student winner and their teacher each will receive a $250 AmEx gift card plus an invitation to a recognition ceremony where we will feature their work of art. We can’t wait to see what the students will design!

For more information on eligibility and submission requirements, please visit our contest submission page.

* Contest is open only to residents of the following counties: Bronx, Kings, Nassau, New York, Queens, Richmond, Suffolk and Westchester. To view the official contest rules click here.

POSTED: March 13, 2017 | BY: Daniel Thompson | TAGS: , , , , , , , , ,

Post Campaign Round Up: #MySavingsStory

 

Natalie Zfat Headshot 1 300x300 Post Campaign Round Up: #MySavingsStoryLast month was Financial Literacy Month and we teamed up with social media entrepreneur, Natalie Zfat on the #MySavingsStory video campaign.

Throughout the entire month of April, we shared personal video stories from writers, artists and economists to inform and inspire kids to understand and take control of their financial lives.

We received savings advice from fashion designer Elie Tahari, best-selling author of Diary of A Wimpy KidJeff Kinney, entrepreneur Rosie Pope, President of the Richmond Fed, Jeffrey Lacker and others who shared what they’ve learned about the importance of financial literacy and saving.

Read Natalie’s post about the campaign and make sure to check out the compilation video with all the great advice!

POSTED: May 13, 2016 | BY: April Somboun | TAGS: , , , , , , ,

Graduating From Test Scores to Credit Scores

DSC6347Brian Page 8x10 hi res for print 150x150 Graduating From Test Scores to Credit Scores

Written by: Brian Page, Chair, Council for Economic Education Teacher Advisory Council

Later this spring, high schools across the country will be graduating students from a world of test scores to a world of credit scores. Many teens will unknowingly be making decisions that will impact them in the decade to come. Yet most lawmakers have fallen short of respecting personal finance as a dedicated subject worthy of stand alone classes required for graduation, taught by teachers trained to teach it well. It’s time we work together to advocate on behalf of high school students to prepare them for the real world.

High school science, math and language arts teachers receive content specific instruction in college, and are required to pass content specific tests to earn teacher certification. Personal finance… not so much. Often times when mandates are passed, they require the integration of personal finance into other coursework. The mandate is often dumped into the laps of teachers who have never been trained to teach personal finance.

A FINRA Investor Education Foundation-funded study, State Financial Education Mandates: It’s All in the Implementation, examined the effectiveness of state mandates on financial education for high-school students. The study noted that if a rigorous financial education program is carefully implemented, it can improve the credit scores and lower the probability of credit delinquency for young adults. In other words, we need to train our teachers, require semester courses devoted to personal finance, and use hands on teaching methods that focus on relevant content.

NCLB aside, our country has historically been a locally controlled education system. This changed following the financial collapse in 2008. Somehow a banking collapse led to education “reform”, and schools were faced with a multitude of new evaluation systems and testing requirements. Subsequently, schools and lawmakers now seem to lack the appetite to pass further education mandates. This should not preclude us from trying, using a common sense approach that does not further burden our schools. I’m confident that if asked, parents and teens would be much happier about recent reform efforts if standardized test scores were a little less important, and helping them build their own credit scores were a little more important.

POSTED: April 7, 2016 | BY: April Somboun | TAGS: , , , , , , , , , ,

CEE Report – Summer 2015

Three times a year the Council for Economic Education releases the CEE Report, highlighting our new and noteworthy events, programs and partnerships, including pilot programs and joint ventures with key supporters.

In This Issue CEE REport summer1 CEE Report   Summer 2015

Advancing Financial Education in New York City
Upcoming Events
Note from Nan
A Look At GCEE
Financial Literacy Month
Advocating for Economic & Financial Literacy
2015 National Economics Challenge
EconEdLink Relaunch
Gen i: New Mission & Partnership
Teacher Training from the National Center
Vantage Point: Real World Perspectives on the Economy
CEE and 100 Women in Hedge Funds
Vantage Point: Growing Companies, Growing Women
2015 Visionary Awards

POSTED: July 23, 2015 | BY: Annamarie Cerreta | TAGS: , , , , , , ,

More from the CEE