The Jump$tart Coalition is the original promoter of April as Financial Literacy Month (sometimes called Financial Capability Month).
While every year, we use the month to promote the importance of financial education, this year we are on a mission to put effective financial education in every school in America. And you can help. Learn more about our Check Your School initiative.
Another way to support us and financial education is to follow us on social media — on Facebook or Twitter. Every day we share tips, tools and information, but during #FLM19, we will address a different age group each week. We invite you to share the information below.
Happy Financial Literacy Month!
Week 1 – The Early Years
We begin this year’s Financial Literacy Month focusing on the youngest in our mission — those in preK to 4th grade. While it may seem that the financial concepts are too much for those who aren’t using money on a regular basis, there are still ideas that you can plant to help them grow.
Find resources for kids in the Jump$tart Clearinghouse and check out the National Standards in K-12 Personal Finance Education for milestones to help you guide their financial literacy growth.
- Jump$tart CEO Addresses How ‘Comic Heroes Teach Kids About Finance’
- Jump$tart CEO Featured on Art of Allowance Podcast
- Tools like comic books pique kids’ interest in #finlit and help get a conversation started Learn more ow.ly/NUwZ30o8APX #afinlitfuture #FLM19
- #financialliteracy equates to financial freedom. #finlit puts financial knowledge to work for you and sets kids up for less financial stress as adults. #afinlitfuture #FLM19
- Preparing our kids today ensures a better tomorrow. #afinlitfuture #FLM19
- For kids, starting early helps them learn to balance needs and wants and focus on saving, and sets them up for #afinlitfuture #FLM19
- For kids, investing in what they believe in is a way to get them started early. Disney, Nike, McDonalds – names they recognize can make investing fun and approachable. #afinlitfuture #FLM19
Week 2 – The Middle Years
In the second week, we are focusing on middle school, which depending on where you are, can range from 5th to 8th grade — or thereabouts.
Find middle school resources in the Jump$tart Clearinghouse and check out the National Standards in K-12 Personal Finance Education for what students should know by the 8th grade.
- One financial key for kids is ensuring they know debt is something that must be repaid and comes at a cost. #afinlitfuture #FLM19
- To help their kids develop healthy financial habits, parents should lead by example – show kids the difference between needs and wants. New shoes may be a need, a name brand is a want. #afinlitfuture #FLM19
- Allowance lets kids make their own decisions – and mistakes on a small, fairly safe scale. #FLM19 #afinlitfuture
- Help older kids understand that needs and wants aren’t absolute. #FLM19 #afinlitfuture
- Talking to your kids about budgets, like anything else, makes the difference. #FLM19 #afinlitfuture
Week 3 – High School
High school is probably the time when most start thinking about sharing financial concepts with students. In the Jump$tart Clearinghouse, there are more resources and tools for this age than any other. It doesn’t mean the earlier years shouldn’t be a focus, but now you have a lot more to choose from.
Find high school resources in the Jump$tart Clearinghouse and check out the National Standards in K-12 Personal Finance Education for what students should know by the 12th grade.
- Is Your Teenager Learning Personal Finance In High School?
- Jump$tart CEO Discusses Financial Education on NPR
- Jump$tart CEO Discusses Project Groundswell with Pew
- With older kids/teens, revealing your household budget may start an eye-opening discussion. #FLM19 #afinlitfuture
- Help kids adhere to a budget for activities important to them – a birthday party, school trip or prom. #FLM19 #afinlitfuture
- Help your young adults understand that creditors expect payments timely, not eventually. #FLM19 #afinlitfuture
- Parents should guard their kids’ identifying information as closely as they guard their own. #FLM19 #afinlitfuture
- With student loans, it’s important to understand the conditions of repayment before you borrow. #FLM19 #afinlitfuture
Week 4 – College and Beyond
While the Jump$tart Coalition primarily focuses on preK through high school students, learning doesn’t stop once they leave those hallowed halls.
Instead, this is the time when thoughts often turn to student loans, buying a home and perhaps retirement — resources for which you can still find in the Jump$tart Clearinghouse.
- When thinking about post-high school options, always consider cost-saving options – like starting in community college. #FLM19 #afinlitfuture
- Maintain a budget. A budget doesn’t have to be painful. It’s just a tool for keeping track of money in and out. #FLM19 #afinlitfuture
- Pay yourself first. When you get a paycheck, gift, etc. put some in savings first. #FLM19 #afinlitfuture
- Be aware of the power of impulse buying and ask yourself “Do I really need this?” #FLM19 #afinlitfuture
- Studies show that kids who are introduced to financial topics early and often, are better equipped to ask the right questions and are less likely to make large financial mistakes. #FLM19 #afinlitfuture
- Higher credit scores open more doors. #FLM19 #afinlitfuture
- #FinancialLiteracy is financial freedom #FLM19 #afinlitfuture