The Council for Economic Education (CEE) and the Jump$tart Coalition for Personal Financial Literacy (Jump$tart) have collaborated in creating the National Standards for Personal Financial Education.
Together they have broken down the content into 6 simple categories:
Investing
Managing Credit
Managing Risk
2021-National-Standards-for-Personal-Financial-Education.pdfExcellent Resources!
We Are Life Long Learners!
Some concepts in Financial Literacy can be easy enough for a kindergartener to master, yet some concepts are hard to understand as adults. Here are some amazing places to further your learning!
Standards & Resources!
Below you will find each of the standards and links to helpful resources to help you teach about the concept.
"This topic focuses on income earned or received by people and the various taxes that are assessed on income."
"This topic concerns choices that people make to allocate their scarce resources to necessary and desired goods and services."
"The Saving standards focus on how people save money, where they save money, and why they save money."
"...the Investing standards focus on funds set aside for future long-term goals, invested in riskier financial assets with the expectation of increasing future wealth or income."
"This topic covers why and how people borrow money, the cost of credit, and the potential effect on a person’s finances."
"The standards under this topic cover the variety of ways that wealth, property, and income are vulnerable to loss from unexpected events and the methods available to individuals for managing these risks."