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Foundation Helps Teach Finance to Arizona Students | |
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HOUSTON (October 6, 2004) - The Money Management International Financial Education Foundation (the Foundation) is pleased to announce their continuing support for the development and delivery of a financial education program that the Arizona Council on Economic Education (Arizona Council) provides to K-12 educators. Specifically, the grant will support the Arizona Council’s Financial Fitness for Life program, directed toward 100 elementary and middle school teachers, students and parents. The goal of the program is to motivate and support educators who teach K-12 students basic skills in money management, use of credit, savings and investing, and other financial skills. Funding will allow the Arizona Council to utilize guest speakers, develop a teacher’s guide, and provide a classroom set of student workbooks. Learning economics is important as it offers students a basis for principled reasoning about a wide range of personal, civic, and work-related problems. But many American students complete 12 years of schooling in which little or no attention is paid to economics. While 96 percent of Americans think economics should be taught in the schools, only 13 states require students to take an economics course in order to graduate; about three-fourths of the states have some standards for economics (Clow, 1999). In response to this fact, the Arizona Council developed curriculum programs to help reach Arizona students. The Arizona Council services more than 200 school districts, reaching 1 million students and 4,000 teachers. To continue providing these programs, the Arizona Council relies on its partners in financial literacy for support. “Thanks to the generous support from Money Management International, more than 25,000 Arizona teachers and students have been taught the importance of financial literacy,” said Bob Vossoughi, Director of Development for the Arizona Council. “The funding from MMI help students learn the importance of building wealth and understanding the importance of debt to help insure these students will have a more financial secure future,” added Vossoughi. The Foundation operates to educate the general public on sound personal financial skills and money management principles by developing, delivering, and supporting programs that teach those skills and principles. "We feel that providing funding to the Arizona Council on Economic Education fits the Foundation’s mission by providing teachers with the curriculum, resources and instruction they need to present their student’s with basic money management skills that will last a lifetime," stated Ivan Hand, Foundation President and CEO. |
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