Governor  Dannel P. Malloy
 

Financial Education

Youth Financial Education

Financial education is critical to future success. The Treasurer’s Office supports a wide variety of programs and resources to help Connecticut’s youth start off on a solid financial footing to reach their future financial goals.

Coalitions, Summits and Conferences

Personal Finance Curriculum
The Treasurer’s Office collaborates with the CT Department of Education to make curriculum available on personal finance and promotes non-profit organizations such as the National Endowment for Financial Education (NEFE), the NYC Muriel F. Siebert Foundation Personal Finance Program and non-commercial financial education providers that offer free financial education curriculum. For materials visit www.sde.ct.gov/sde, and follow the Teaching and Learning Career Technical Education links to the Personal Financial Education page or contact the Treasurer’s Office at 860-702-3000.

CT Jump$tart Coalition for Youth Financial Literacy
The Treasurer’s Office is a founding member of a public/private collaboration to research and develop policy and plan programs to prepare young people to effectively manage their personal finances. Our partners include Junior Achievement of Southwest New England, the CT Department of Education, CT Department of Banking, local non-profits, and educators. The state coalition is affiliated with the National Jump$tart Coalition for Personal Financial Literacy. For information or materials, visit www.jumpstart.org/states-connecticut.html.

K-12 Educational Material and Programs

“Scruples” Youth Financial Education Animation Videos
The Treasurer’s Office partnered with Newspapers in Education (NIE) and Hartford Animation Institute to offer curriculum and animated cartoons promoting responsible money habits for young children, available for school, community and media use.  Press release    Video: Big Time Saver   Video: Save Your Money    Video: Payin' My Debt, It's My Rep

ABCs of Credit Card Finance
The Treasurer’s Office collaborated with the Center for Student Credit Card Education and the CT Department of Education to publish a free credit education guide and training modules for high school students. The topics include: budgeting, hidden costs of credit cards, choosing the best card, credit card do’s and don’ts, credit scores and reports, consequences of irresponsible use, and other credit-related subjects. For copies, contact the Treasurer’s Office at 860-702-3000.

Junior Achievement of Southwest New England
The Treasurer’s Office collaborates with Junior Achievement of Southwest New England, to support programs for students on business, economics, entrepreneurship career development and financial literacy. For information or materials, contact Lou Golden, Junior Achievement of Southwest New England, Inc. at (860) 525-4510, www.jaconn.org.

Youth IDAs (Individual Development Accounts)
Youth IDA programs provide matched savings accounts for low-income middle and high school youth to save for education and/or employment expenses, rent, or campus housing, a computer for educational purposes, or an auto, including the cost of drivers education and testing fees. The program has a financial education training component and requires regular bank account deposits over a program savings period. Youth IDA programs are administered by community based organizations throughout the state. For information, contact the Connecticut Labor Department at 860-263-6000.

Money Smart for Young Adults
The FDIC’s Money Smart for Young Adults curriculum helps youth ages 12—20 learn the basics of handling their money and finances. The curriculum is free and is aligned with state education standards. The eight modules are available on CD at www.fdic.gov/moneysmart and cover banking, checking accounts, paying for college and setting financial goals. For information on using the curriculum in your community, visit www.fdic.gov.

MoneySkill
MoneySkill is a free online personal financial curriculum for young adults developed by The AFSA Education Foundation. Teachers can use this module curriculum to increase student understanding of income, expenses, assets, liabilities and risk management. For information, go to www.moneyskill.org

Additional Resources

JumpStart Coalition for Personal Financial Literacy is a national coalition of organizations dedicated to advocacy research and maintains a comprehensive financial literacy education clearinghouse for youth personal finance education materials from kindergarten to college. Visit http://www.jumpstart.org or call (888) 45-EDUCATE.

National Endowment for Financial Education
NEFE is a national foundation that conducts research in the field of financial literacy education and offers online financial education resources for high school youth (NEFE High School Financial Planning Program), college students and recent grads. Visit www.nefe.org

Council for Economic Education
The council offers materials and internet based curriculum for teachers and students in economic education in K-12 schools across the nation and around the world. Visit www.econedlink.org for online economic and personal fiannce lessons and resources for educators, students and after-school providers. For general information, visit www.councilforeconed.org.

Your Life, Your Money
Sponsored by The Public Broadcasting System (PBS) this website offers personal stories, videos and a guide to The PBS television program “Your life, Your money” on topics like: Making It, Keeping It, Make Your Money Work For Your, Digging out of Debt, Smart Savings, Get Insured, and Working and Living as a Freelancer. Visit www.pbs.org/your-life-your-money

Practical Money Skills for life
For free materials, personal finance calculators and to download games such as Financial Football are available in ten languages, and listen to podcasts on a variety of personal finance topics visit www.practicalmoneyskills.com/resources.

A Guide to the Stock Market for Kids!
http://www.howtotradestocks.org/a-guide-to-the-stock-market-for-kids/