2. College and Career Ready Conferences Summer 2015 Financial Literacy

3. Session Outcomes 1.Review Financial Literacy Standards. 2.Draw connections between Financial Literacy Standards and other Maryland State Standards. 3.Explore resources that support integrated instruction. 4.Reflect on how to implement resources in your school and/or school system. 5.Create a plan to share session information with faculty at your school and/or school system.

4. Find Someone Who…… The purpose of this learning experience is to meet session participants. assess prior knowledge of financial literacy.

5. Why Financial Literacy? To equip students with the skills and knowledge to make informed, financially responsible decisions

6. Financial Literacy Defined The ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being (2008 Annual Report to the President). Financial Literacy = Application Financial Education = Process

7. History of Financial Literacy Education in Maryland Task Force established to study how to improve financial literacy in Maryland January 2008 Advisory Council established to build a program of study and a design team to develop a state curriculum June 2009 The State Board of Education accepted the State Curriculum for Personal Financial Literacy January 2010 The State Board of Education adopted regulations requiring financial literacy education for all students at the elementary, middle, and high school levels June 2010

8. Six Standards in the State Curriculum 1.Make Informed, Financially Responsible Decisions 2.Relate Careers, Education and Income 3.Plan and Manage Money 4.Manage Credit and Debt 5.Create and Build Wealth 6.Manage Risks and Preserve Wealth Organized by Gradebands: 3-5, 6-8, 9-12

9. Standards Review In your team, review your assigned standard. Be prepared to discuss the following: – How does your assigned standard foster financial literacy in students? – What are some example learning experiences that students can participate in to meet the standard? – How does the standard connect to standards in other disciplines?

10. Implementing Financial Literacy Standards Integrated Lessons Mathematics, Social Studies, and Reading Grades 3-5 Integrated Lessons Mathematics, Social Studies, Family and Consumer Science, and English Language Arts Grades 6-8 Integrated Lessons Mathematics, Social Studies, Business, and Family Consumer Science Courses Stand Alone Courses Grades 9-12

11. State and Local School System Annual Update 10 The Annual Update provides the following information: Background information Information on funding/grants Ongoing state and local needs Data collected through the Maryland Pre-Graduate Survey Descriptions of program implementation at the elementary, middle, and high school levels For more information please visit: http://msde.state.md.us/fle/

12. Resource Exploration Purpose: To analyze resources that support financial literacy instruction.

13. Resource Exploration Directions Review assigned resources with your team. Answer questions associated with resources. Share responses with entire group.

14. Additional Resources

15. Fly Swatter Facts Purpose: To review concepts addressed during the the financial literacy session. Directions: – Facilitator will ask a question. – Teams will work together to find the answer. – Team member will “swat” the correct answer(s).

16. What is the total number of financial literacy standards? 6 Fly Swatter Facts

17. The ability to use knowledge and skills to manage one’s financial resources effectively for a lifetime for financial well being. Financial Literacy Fly Swatter Facts

18. Which grade bands do the financial literacy standards address? Grades 3 – 5 Grades 6 – 8 Grades 9 – 12 Fly Swatter Facts

19. In what year did the State Board of Education adopt regulations requiring financial literacy education for all students at the elementary, middle, and high school levels? 2010 Fly Swatter Facts

20. Which content areas can financial literacy be integrated? Social Studies Mathematics Reading/English Language Arts Family Consumer Science Business Other Fly Swatter Facts

21. Where can you go to find financial literacy information for Maryland? Fly Swatter Facts Maryland State Department of Education Financial Literacy Webpage www.msde.state.md.uf/fle

22. Which resource allows students to assess their return on investment for postsecondary study? Fly Swatter Facts

23. Which resource(s) provides activity- based lesson plans designed to foster financial literacy in students? Fly Swatter Facts

24. Which resource(s) provides interactive modules that students can engage in to enhance their financial education? Fly Swatter Facts

25. Which resource(s) will you use with your students? Fly Swatter Facts

26. Reflections Purpose: To enhance the meaning of today’s learning experiences and to draw connections between outcomes and school implementation.

27. Session Evaluation Purpose: to allow participants to evaluate the quality and effectiveness of the session. Information will be used to inform future professional learning experiences.

28. Share your Financial Literacy Experience Tweet – @MD_ProfLearning and @MdPublicSchools @MD_ProfLearning @MdPublicSchools – Hashtags: #mdccrc #literacy Facebook – www.facebook.com/MDProfessionalLearning www.facebook.com/MDProfessionalLearning – www.facebook.com/MdPublicSchools www.facebook.com/MdPublicSchools

29. Maryland State Department of Education Financial Literacy Contacts Lynne Gilli Program Manager, Career and Technology Education lynne.gilli@maryland.gov 410-767-0518 Marquita Friday Lead Specialist, Career & Technology Education marquita.friday@maryland.gov 410-767-0183 Tiara Booker-Dwyer Specialist, Career & Technology Education tiara.booker-dwyer@maryland.gov 410-767-0177 Maryland State Department of Education Financial Literacy Webpage http://www.marylandpublicschools.org/fle/index.html