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The Jump$tart Coalition for Personal Financial Literacy® recommends the following Best Practices when developing and/or selecting personal finance educational materials.
The Jump$tart Coalition for Personal Financial Literacy encourages teachers, authors, publishers, educational consultants and others to apply as many of the statements as appropriate for a specific educational resource.
- Materials are objective in content and tone, and often include differing viewpoints. The materials do not deceive or mislead.
- Materials are informative and do not promote a specific brand or provider.
- Materials identify their content creator and list contact information.
- Materials identify organizations that provide substantial funds for development and dissemination.
- Recommended sources of additional information also meet objectivity guidelines.
Aligned to Standards
- Materials correlate to Jump$tart’s National Standards in K-12 Personal Finance Education.
- Materials correlate to state or national standards in one or more of the discipline standards created by the following organizations:
- Business: National Business Education Association
- Economics: Council for Economic Education
- Family and Consumer Sciences: American Association of Family and Consumer Sciences
- Mathematics: National Council of Teachers of Mathematics
- Social Studies: National Council for the Social Studies
Teaching and Learning
- Teaching and Learning Materials use plain-language. Technical terms, abbreviations, and acronyms are clearly defined.
- Materials require little additional teacher preparation.
- Materials include student learning objectives and assessment tools, background information, lesson plans, and activities that stimulate student participation.
- Materials appeal to contemporary student interests and identify resources for additional information.
- Lesson plans and activities address a variety of learning styles, such as visual, auditory, touch and group interaction.
- Materials identify target educational settings, such as traditional classrooms, home schooling, after-school or youth clubs, rural and urban settings.
- Materials identify the intended user, such as teacher, parent, or student.
- The reading level is appropriate for the target group.
- Materials reflect diversity in areas such as age, race, gender, and household income.
- Text, illustrations, and learning activities are culturally sensitive and appropriate for the target groups. Text is translated if necessary.
Accurate and Up-to-Date
- Materials are regularly revised to be accurate, relevant, and current.
- The date of original publication is clearly stated, along with dates of subsequent revisions.
Available and Accessible
- Resources are readily available to teachers and learners.
- Web-based resources are accessible using the technology and software typically found in schools and public libraries.
- The price for materials, if any, is clearly stated.
- Materials that are also available in special needs formats such as other languages, audio, and Braille are clearly identified.
- New or updated materials are submitted to the Jump$tart Personal Finance Clearinghouse at http://www.jumpstartclearinghouse.org/.
- Materials are tested before publication under conditions that realistically replicate the target settings and audiences.
- Feedback from teachers and learners shapes development and revision of materials.
- Materials include assessment tools, such as pre- and post-tests and/or examples of acceptable work, where appropriate.
- Assessment tools measure both student knowledge and behavioral change as a result of teaching and learning.
The Jump$tart Coalition for Personal Financial Literacy grants permission to freely use these Best Practices statements for educational purposes.