Financial Literacy Month
Junior Achievement programs teach students how to manage money, maintain a personal budget and be fiscally responsible through fun, hands-on curriculum. During Financial Literacy Month, we encourage you to explore and share the various resources we’ve gathered to help young peope gain the knowledge and skills needed to take control of their economic success.
Why is Financial Literacy Important?
According to the results of a 2014 Consumer Reports survey, Americans score poorly in the area of financial literacy:
84% of teens look to their parents for information and guidance on how to manage money, but more than a third of parents report that they don’t discuss financial matters with their children (2015 JA Teens and Personal Finance Survey). Clearly there is a need to educate today’s youth on how to manage money so they can own their economic success.
Resources for Parents and Students
JA My Way helps kids make smart money decisions
JA My Way is a free online resource loaded with tips and tools to help students take control of their financial future:
Simply create a free account to access these resources. Sign up at www.jamyway.org.
2017 Teens and Personal Finance Survey
How do today’s teens feel about personal finance topics such as spending habits, income taxes, 401Ks, and future earning potential? JA USA recently surveyed 1,000 teens (ages 13-17) to find out. The results may surprise you, and help illustrate the need for financial literacy programs for teens, such as those provided by Junior Achievement. Read the full results of the 2017 Teens and Personal Finance Survey.
|What form of payment are you most likely to use when purchasing items at a store?|
|Thinking about your first job, do you think you'll make less than $35,000 or more than $35,000?
|Which one of the following describes your situation?|
JA Kid Professor
Each week during April, we’ll highlight a new “JA Kid Professor” video that focuses on a financial literacy topic. The first in this series is “Shopping Trip,” where six-year-old Taylor learns a lesson when she tries to buy groceries for the whole family with only $20. Upcoming episodes include:
- What Does That Mean? JA Kid Professor explains financial concepts in a way only a six-year-old can.
- Taylor, Inc: JA Kid Professor tries to secure investment capital from family members for her great startup idea…buying a bike.
- Interview: JA Kid Professor decides it’s time to hire employees, but finds good help is hard to find…and comes with a price.
- Grandma: Retirement creeps up on you fast when you don’t plan. See how JA Kid Professor deals with it.
Financial Literacy Month activities (view the full calendar)
In our Community
Michael Rothman, Commissioner of Commerce, will visit JA BizTown on April 4 in support of Financial Literacy Month (FLM). Commissioner Rothman and the JA BizTown mayor will sign the official FLM proclamation and visit the various JA BizTown shops.
JA in the Classroom
Watch this short video to see JA’s impact in the classroom
Watch this short video to see how JA BizTown teaches kids about financial literacy
JA Finance Park
Watch this short video to see how JA Finance Park introduces students to personal finance