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Chicago’s K-12 Students Learn Economics 101 | |
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HOUSTON (October 16, 2003) - The Money Management International Financial Education Foundation (the Foundation) announced today that it has funded a grant to support the “Financial Fitness for Life” program and workshops that the Illinois Council on Economic Education (Illinois Council) provides to teachers throughout the greater Chicago area. This program offers a quality curriculum designed to teach K-12 students basic skills in money management, use of credit, savings and investing, and other financial skills. According to surveys conducted by the National Council on Economic Education and the JumpStart Coalition, young people are lacking a fundamental understanding of how our economy works and are in dire need of basic money management and financial skills. In response to this need, the Illinois Council developed curriculum programs such as the “Financial Fitness for Life” to help reach students within the Chicago Area. In 2002, the Illinois Council presented 115 workshops to over 2,500 Kindergarten through 12th grade teachers. These workshops were designed to assist instructors in integrating the teaching of economics into their classroom curriculum. The courses teach both economic content and methodology to ensure that teachers are able to easily present the content to their students. To continue providing these programs, the Illinois Council relies on its partners in financial literacy to help support this important service. “The Foundation is excited to assist the Illinois Council in continuing this vital program. By helping the youth of today develop basic money management skills and the understanding wise use of credit, we can help develop a financially secure and knowledgeable adult of tomorrow,” stated Ivan Hand, President & CEO. 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 Illinois 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," added Hand. |
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