Last year, the National Foundation for Credit Conseling (NFCC) and the Network Branded Prepaid Card Association (NBPCA) conducted a Financial Literacy Survey that revealed more than half of adults in the United States (56 percent) admitted to not having a budget. What about you? Do you have a budget?
Our goal for Pathway to Financial Success is to bring financial education into high schools across the country. And one of our greatest advocates for making this goal a reality is parents – involved parents who want to ensure their kids are learning and being enriched in every step of their educational experience. In fact, our recent survey showed that high school seniors who talked to their parents about finances felt more happy, confident and knowledgeable about life after graduation. So, to connect with more parents, Pathway is heading to the 2013 National Parent-Teacher Association (PTA) Convention and Exhibition!
As you may know, the National PTA is the largest volunteer child advocacy association in the nation with approximately 5 million members. From June 20 to 23, more than 1,000 PTA members will gather in Cincinnati, Ohio to learn, network and become re-energized as volunteer advocates for all children. This convention will offer a wide variety of high-quality workshops with valuable information, ideas and resources for PTA members to take back to their schools and communities.
We can’t wait to spread the mission and message of Pathway, but we are even more excited to hear directly from some of our nation’s most informed and involved parents. Helping parents become advocates for financial education is one of our top priorities, and we hope that the insights from the PTA Convention will help us to become better resources for parents throughout the country.
If you happen to be attending, come learn more about Pathway to Financial Success at the General Meeting Session 2 (from 3:30 – 6:30 pm ) on June 21. If you miss us at the General Meeting Session, stop by our booth number 427 or the Discover sponsored Cyber Cafe for some internet and computer services.
Jennifer Grisamore is the Manager of Community Affairs at Discover Financial Services. She co-created and implemented Discover’s Pathway to Financial Success program and manages corporate grants, community partnerships and financial education funding to U.S public high schools.
Last year, Pathway to Financial Success awarded more than $2 million to 128 public high schools across the country. That money was used to educate more than 35,000 students just last year! As the school year is coming to a close, post-test data on these students and their financial education mastery is starting to roll in, and we are happy to report schools have seen great growth in student performance. Read more
Our Pathway to Financial Success survey of high school seniors found that a surprising amount of students still save in a piggybank (48 percent). What about your children? Where does your child save their earnings or allowances? Or where to you save on their behalf?
In April, a Pathway to Financial Success survey of high school seniors found that almost half (46 percent) of them wished they learned personal finance in school in order to prepare for life after college. Where do you think students should get the majority of their financial education? Read more
A 2010 Financial Literacy Survey of adults, conducted on behalf of the National Foundation of Credit Counseling, Inc., revealed that 34 percent of adults gave themselves a grade of C, D or F in regards to their personal finance skills. What about you? Are you confident in your personal finance ability?
In high school, I was never quite good at math. Algebra and Geometry were not my favorite subjects and when it came time to figure out whether I was going to take Calculus next, my guidance counselor advised me to choose a different math course. Read more
So far, 2013 has been a busy year for Pathway to Financial Success. Since January 1, we have awarded more than 100 grants in 30 states, totaling more than $1 million. Since Pathway’s inception in 2012, we have awarded more than $3 million in 40 states helping nearly 70,000 students. Read more
Allowances are a touchy subject. Some people think allowances help make children responsible money managers as they learn to budget and save. Others think that allowances give children unrealistic expectations about how to earn money. What do you think? Read more
Several years ago, the principal and teachers at Colchester High School (CHS) in tiny Colchester, Vermont decided it was time to get serious about developing a financial education curriculum. So several teachers made time for financial literacy training. And developed a new unit for their Consumer Math I and II classes. Read more