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Published byMalcolm Murphy Modified over 9 years ago
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July 12, 2011 Kansas State Department of Education Personal Financial Literacy
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Definitions Personal Finance: “The principles and methods that individuals use to acquire and manage income and assets.” Financial Literacy: “The ability to use knowledge and skills to manage one’s financial resources effectively for lifetime financial security.”
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State Standards The Jump $tart National Standards in K-12 Personal Finance Education have been identified as the financial literacy standards for Kansas. www.jumpstart.org/national-standards.html
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Financial Literacy in Kansas Schools Financial Literacy is integrated into the Math and Social Studies standards K-12. It is also found in several Career Cluster Pathway’s, including; Human Services, Business Management and Administration, Finance, Marketing, and others. The course “Consumer and Personal Finance” addresses financial decision-making, consumer rights, budgeting, credit/debt, risk mgt., etc.
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School Needs: Survey Results Lack of Curriculum Resources Lack of Staff Training/Staff Development Staff is not Qualified to Teach Limited Teaching Time Courses would not be Funded
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