The National Jump$tart Coalition has announced a new program, called Groundswell, to help parents, grandparents and guardians advocate for financial education in their schools. The goal of the program is to help increase the number of K-12 students who receive financial education in the classroom by 25 percent by 2025. “Parents, grandparents and guardians are the most vocal advocates for their own kids’ education,” said Laura Levine, president and CEO of the Jump$tart Coalition. Jump$tart is planning to develop a virtual toolkit for those interested in taking part in the effort. Click here to learn more.
Iowa teachers attended the Iowa Jump$tart annual Personal Financial Literacy Conference June 28-29 in Ankeny, where they had the chance to participate in inspirational and engaging sessions on teaching personal finance, and gain a wealth of ideas and resources to take back to their schools. The first day of the conference, sponsored by the Iowa Insurance Division, included a variety of keynote and breakout sessions. The second day, sponsored by Next Gen Personal Finance, provided teachers with a chance to earn continuing credit by participating in a FinCamp session. Plus, five Iowa teachers were awarded scholarships to attend the Jump$tart National Educator Conference Nov. 3-5 in Cleveland, Ohio.
Below are a few of the highlights from the conference.
Money Smart Week Essay Contest
The conference began with an introduction to the Money Smart Week essay contest. Attendees heard the 2018 winning essay read by winner Hope Dohlman, an 11th grader from Crestwood High School. The contest, designed for students in grades 7-11, takes place each March, with winners announced during Money Smart Week each April. The top ten finalists receive financial awards ranging from $300-$500 sponsored by the Iowa Bankers Association, with the first-place winner receiving a $1,000 prize. Click here to learn more about the essay contest.
Jacob Clifford led an engaging opening keynote session on getting students excited and engaged in learning about personal finance. An economics teacher from California, Clifford is also the creator of the popular YouTube channel ACDC Leadership, which features a variety of fun and engaging lessons on economics. He offered five strategies for engaging students, including 1) Focus on selling, 2) Convey your excitement, 3) Make lessons applicable, 4) Invite students to practice concepts, and 5) Give immediate feedback. Click here to visit Clifford’s YouTube channel.
Ryan Decker gave the lunch keynote session on how to broach the subject of money when talking with students and how to help students improve decision making when it comes to personal finance by utilizing behavioral economics concepts. Decker is an assistant professor of economics and finance with the Center for Economic Education and Financial Literacy at North Central College in Illinois.
Concurrent breakout sessions ran in the morning and afternoon, and included the topics of teaching soft skills; integrating STEM, math and financial literacy; using technology resources from the FDIC; student loan options; EVERFI financial literacy program; teaching demand and supply concepts; personal finance for teachers; helping first in family students with college planning; and helping students evaluate the pros and cons of immediately joining the workforce or going to college first.
National Conference Scholarship Winners
The conference concluded with the announcement of the five winners of scholarships to attend the Jump$tart National Educator Conference. Winners were: Kyle Leonard, Lamoni High School; Kathy Degner, Muscatine High School; Kelly Parriott, Dowling Catholic, West Des Moines; Annette Knott, Missouri Valley High School; and Del Buchman, ADM, Adel.
Click here to view photos from the conference.
Iowa City West High School placed 7th in the 2018 National Economics Challenge, hosted by the Council for Economic Education in May in New York City. The challenge teaches and supports critical success skills for high school students, which help students prepare for future careers. Students reached the national competition by placing first in their state competitions. In the national event, the students were presented with a hypothetical family financial scenario and given two hours to come up with a resolution to the family’s financial situation. In the preliminary round, teams were randomly divided into three groups and presented their findings to judges. The top team in each group then presented to a panel of elite judges in the final round. The 2019 challenge will take place May 18-20, 2019. Click here to learn more.
Business Horizons is looking for Iowa high school students (grades 9-12) to join in the fun this summer at Business Horizons 2018! During the week-long program, students from across the state team up and take part in exciting competitions as they navigate the world of business and entrepreneurship alongside Iowa professionals. Students gain hands-on experience, receive advice from expert speakers, explore career options in Iowa and develop their leadership and professional skills. Business Horizons provides valuable college and career experience for all students, regardless of career interest. Participants can also earn college credit and a Central College scholarship by attending.
If needed, program scholarships and/or financial assistance is available to attend. Contact firstname.lastname@example.org with questions.
Tihanna Brown is the winner of the 2018 Money Smart Piggy Bank Pageant contest, receiving a $100 award. With the contest, children design piggy banks to learn about financial literacy.
Sponsored by the Community Bankers of Iowa, the Money Smart poster contest provides students in grades 2-6 with the chance to submit posters that depict “Why is it important to know about money?” for the chance to win a certificate of deposit (CD).
The winners of the contest have been announced and are:
Grand Prize – Vivienne Rahe, 2nd Grade, Xavier Elementary, submitted by Fidelity Bank & Trust in Dyersville
Second Prize – Claire Wubbena, 5th Grade, Lincoln Elementary, submitted by Federation Bank in Washington
Third Prize – Laura Ross, 6th Grade, Sioux Center Elementary, submitted by Northwest Bank in Sioux Center
Honorable Mention – Joe McCleary, 5th Grade, Lincoln Elementary, submitted by Federation Bank in Washington
The grand prize winner receives a $600 CD. Second and third prize winners receive a $300 CD.
Presentation photo (left to right): Randy Ludwig, Market President, Fidelity Bank & Trust, Tiffany Wulfekuhle, Customer Service Rep (Fidelity), Vicki Rahe (mother), Vivienne Rahe, Andy Rahe (father), Joan Steger, Asst. Vice President of Retail (Fidelity).
Iowa student Kaylee Lowe and her teacher Kathy Paul each received at $250 award for participating in the Money Smart Cache! contest. One statewide prize is awarded each year from Iowa Jump$tart to an Iowa student and teacher who participate in the contest. Kaylee is a student at North Union High School in Armstrong, Iowa. Kathy is the family and consumer science teacher at the school.