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Wisconsin league helps teachers with fin ed
PEWAUKEE, Wis. (6/26/09)--With financial pressures bearing down on families statewide, Wisconsin teachers are preparing young people for their financial futures by attending a series of workshops starting this week that will help the educators improve classroom instruction on money matters. Wisconsin credit unions are lending financial support. The three training sessions--one this week and two others July 13-17 and August 3-7--are called the National Institute of Financial and Economic Literacy. The sessions offer the latest insights from professionals experienced in the financial industry and make lesson plans, curricula, teaching strategies and other materials available for classroom use. This is the ninth year credit unions are sponsoring local teachers’ attendance, with additional financial support for the institute from the Wisconsin Credit Union League. “Our country’s economic challenges provide an opportunity for teachers to talk about the importance of living within one’s means, saving regularly, handling credit responsibly and being more savvy overall when it comes to money management,” said league President/CEO Brett Thompson. “The institute offers tools to cultivate young savers who can not only weather economic storms but get a great start to get ahead financially.” The institute is organized by the Jump$tart Coalition for Personal Financial Literacy--a consortium of public and private organizations working together to improve Wisconsin’s financial literacy. Although there is no law requiring personal finance to be taught in schools, many teachers do so using state standards as a guide because, too often, “money basics” aren’t being taught at home; studies have shown that less than 25% of parents discuss money matters with their children. In addition to supporting the institute, Wisconsin credit unions supervise 83 youth-run credit union branches inside Wisconsin schools, an effort which teaches young people the habit of saving. Credit unions also provide classroom curricula, internships and classroom speakers and sponsor local events that teach responsible financial decision-making. Credit unions support financial education as part of their REAL Solutions initiative--an effort that strives to help people save and build wealth.
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