Government-backed Money Advice Service (MAS) pointed to a Cambridge University study that suggested that most young children had grasped all the main aspects of how money works and formed “core behaviors which they will take into adulthood and which will affect financial decisions they make during the rest of their lives”.
Caroline Rookes, chief executive of the Money Advice Service, said: “This study really demonstrates the power of parental influences, and illustrates how much of what you learn and absorb when you are young, both consciously and subconsciously, affects the choices you make throughout the rest of your life.”
View the rest of the article here: Money habits are formed by the age of seven – News Article
What a great conference we had in July! We learned so much and got to meet so many neat individuals! If you missed the conference or if you would like to revisit it, please go to our conference page and check out all the cool downloads you can get. Thank you to all the speakers and attendants that came to our conference!
Congratulations to 4 Treynor High School students who won the 2013 Iowa Financial Literacy Program Video Clip Challenge! Students involved were Logan Huff (Sr.), Wesley Masterson (Sr.), John Beckman (Sr.), and Taylor Anderson (Fr.).
Their video compares the financial behavior of two high school students. One student is making good financial decisions while the other makes poor decisions. Watch this fun video on YouTube at http://youtu.be/oJA60WcGI9s.
On April 15, 2013 Lt. Gov. Kim Reynolds announced the launch of a new online financial literacy program, offered through the Iowa College Student Aid Commission (Iowa College Aid). The interactive program, Vault™, will help Iowa 4th through 6th graders establish smart habits and attitudes about handling money. The program is available free to Iowa elementary and middle schools.
Read the entire Press Release: Statewide Program will Help Students Develop Smart Money Habits on Lt. Gov. Kim Reynolds web site.
Get a sneak peak at what Vault offers. View the Vault Demo on YouTube.
See the full press release.
|Alburnett High School||Alburnett|
|Ames High School||Ames|
|Bellevue High School||Bellevue|
|Camanche High School||Camanche|
|Centerville High School||Centerville|
|Central City High School||Central City|
|Central Community High School||Elkader|
|Central High School||DeWitt|
|Davis County High School||Bloomfield|
|Decorah High School||Decorah|
|Denver High School||Denver|
|Hempstead High School||Dubuque|
|Humboldt High School||Humboldt|
|IKM-Manning High School||Manning|
|Independence High School||Independence|
|Kingsley-Pierson High School||Kingsley|
|Marquette High School||Bellevue|
|Marshalltown High School||Marshalltown|
|Mid-Prairie High School||Wellman|
|Moravia High School||Moravia|
|North High School||Sioux City|
|Northeast Hamilton High School||Blairsburg|
|OA-BCIG High School||Ida Grove|
|Pleasant Valley High School||Riverdale|
|Prairie High School||Cedar Rapids|
|River Valley High School||Correctionville|
|Sioux Central High School||Sioux Rapids|
|Southeast Polk High School||Altoona|
|Thomas Jefferson||Council Bluffs|
|West Marshall High School||State Center|
We want everyone in Iowa to know how important financial literacy is to the individual and the community. We will continue to promote skills in financial literacy. Hopefully this proclamation will help Iowan’s see how serious the governor and community is in achieving this goal. Here is the wording in the Proclamation.
WHEREAS, The State of Iowa believes knowledge of personal finance is essential for the success of our citizens and state; and
WHEREAS, Iowa is taking decisive action to promote financial stability, and the State’s prosperity will ultimately depend on our willingness as individuals to empower ourselves and our families with financial knowledge; and
WHEREAS, To lay the foundation for continued prosperity, Iowa must strive to ensure all Iowans have the skills to manage fiscal resources effectively and avoid deceptive or predatory practices; and
WHEREAS, The Iowa College Student Aid Commission and its partners wish to instill core concepts of personal finance in all Iowans including:savings, banking, credit scores, financing higher education, taxes and insurance, consumer fraud and investing; and
WHEREAS, Working with partners across the state, Iowa’s goal is to ensure all Iowans are prepared to successfully manage their finances; and
NOW, THEREFORE, I, Terry E. Branstad, Governor of the State of Iowa, do hereby proclaim the month of April, 2013 as FINANCIAL LITERACY AWARENESS MONTH.
Dozens of Iowa students will get new lessons on personal finance in class, thanks to Iowa JumpStart Coalition and its parent organization. The Coalition sent 20 Iowa teachers to the 5th annual JumpStart National Educator Conference in Chicago several weeks ago.
“The national conference offered hundreds of classroom educators an opportunity to see, learn about, and try new personal financial resources to bring their lesson plans to life,” said JumpStart regional director and organizer Dan Hebert. Teachers also had opportunities to meet with finance and education leaders and network with colleagues from across the country.
Through a generous contribution from the Iowa Division of Banking, Iowa JumpStart paid all costs for any Iowa teacher who wanted to attend. Here’s what they had to say:
“First, please convey my appreciation to the Iowa Jumpstart Coalition for sponsoring so many of us so we could attend the National Conference. It was a great conference loaded with lots of wonderful information and resources. The accommodations were outstanding. As teachers we are not used to being wined and dined. I spent a number of years as a home economist in business and this conference reminded me of many of those meetings I attended. Again, thanks for this wonderful opportunity.”
Mary Burgher, Clear Creek Amana High School
“I loved the conference and it was very beneficial. I appreciate the support.”
Ken Burrow, Business Education Teacher, Waverly-Shell Rock High School
“The conference was wonderful!”
Charlet Daft, Basics and Beyond, Newton Community Schools
“Thank you for sending us to the Jump$tart conference. Tim and I had a wonderful time and took away a lot of valuable information. I’m looking forward to the Iowa conference next summer and possibly attending another national conference in the future.“
Bethany Hadley, HS Math Instructor, Sigourney Community Schools
“Thank you for all your help in funding and communication about the conference in Chicago last weekend. I came back with wonderful lessons, reference materials, and contacts. I had a great time. Thank you for the wonderful experience and opportunity to network with financial experts. Thank you, Thank you, Thank you!”
Rhonda Hawkins, Business Teacher/MO Coordinator
“Thanks again for everything you (and the others) did for us at the conference.”
Larry Heltenberg, Central Decatur School District
“Thanks for allowing me to go. It was a fantastic experience!”
Mike Johnson, High School Economics Teacher, Southeast Polk High School
“As I have stated before, ‘Thank you’ for paying for this conference. I did enjoy it, and did learn a lot about financial literacy, and the material to teach it to my students.”
Jim Moeller, BCLUW High School
“Again, thanks to Jump$tart for paying for the conference, parking, mileage and tolls. I can’t wait to go through everything this weekend! “
Marcey Norland, North Union MS Math Teacher
“Thanks again for sponsoring me to attend National JumpStart. I had a wonderful time!”
Cindy Weeks, Roosevelt High School
“I didn’t realize that Iowa JumpStart was picking up the registration and travel costs for the conference! That’s amazing! I think this is one of the best conferences I’ve attended in all my years of teaching – and I’ve been teaching for 28 years! I was able to pick up so much good information and a lot of valuable resources that I will be using in my Personal Finance classes. Thank you so much for giving us this opportunity!”
Deanna Weinschenk, Pleasant Valley High School