Are our youth getting the financial education they need?
Some of the figures are concerning. The latest international test of financial literacy among children entering high school shows that only one in 10 American students are capable of making “the kinds of financial decisions that will be relevant to them in the future,” according to an analysis of the data by the National Endowment for Financial Education.
Children learn best when topics and lessons are repeated and reinforced. A child who learns about allowances and saving at home may remember these lessons if they’re repeated in the classroom. (Related: Teaching Your Children about Money)
But are schools providing the financial insight and information necessary to help students learn? And are towns and educational districts prepared to allocate the resources necessary for better financial education?
As a part of MassMutual’s FutureSmart initiative, we want to continue the conversation with parents and educators on the state of financial education among our young people.
Please join our Twitter Chat on Wednesday, Sept. 28 at 7:30PM ET to share, discuss and learn together on this critical topic of financial literacy for our young people.
How to join our chat - Financial Education in Schools…
Follow @MassMutual on Twitter and join us at 7:30PM ET this Wednesday, Sept. 28. Our hashtag is #FutureSmart and it will be included with each of the questions.
When you respond, please use the hashtag #FutureSmart so everyone can follow the conversation. You can join the chat by searching for the hashtag #FutureSmart on Twitter.com, Tweetdeck, or your favorite Twitter client.
Here are the questions for this second #FutureSmart chat…
Q1 - #FutureSmart - What are your middle school children learning about budgeting, saving and spending in school?
Q2 - #FutureSmart - What is the role of the school vs. the parent in teaching managing money and financial skills?
Q3 - #FutureSmart - Should financial basics be required, similar to Health-Ed, as a necessary life skill?
Q4 - #FutureSmart - Are there financial topics schools should be teaching - what grades?
Q5 - #FutureSmart - Educators, what resources do you find most helpful to teach financial education at an early age?
Q6 - #FutureSmart - Educators, how does personalized digital learning change the way you teach?
As a reminder, mark your calendars for a special upcoming event. We are kicking off our special MassMutual FutureSmart classroom program Wednesday, October 5 at 8:30AM in Boston, MA. More details can be found at futuresmart.massmutual.com.