State Farm and Economics Center partner to deliver financial literacy to 1,500 students

The Money Savvy Kids program will equip 50 area teachers with the resources to bring financial literacy into the classroom to 1,500 elementary students.
 
State Farm has partnered with the Economics Center to provide this program to teachers by creating a curriculum based on financial risk, goal setting and stability.
 
“I think one of the reasons it’s important is because if we know how to create a budget and fix credit ratings and plan for the future, then we’re going to improve our odds for financial stability and success,” says Jane Chitwood, State Farm representative. “Implementing that early into the youth is going to be huge for the success of our future generations.”
 
“A Slice of Life” is a sample lesson that teaches children the importance of budgeting by breaking down one amount into several different pieces.
 
“It’s a youthful mind,” Chitwood says. “How do you order a pizza and decide all the different ingredients you want on a pizza? Then how do you put it into segments, break it down to build a monthly budget?”
 
According to Chitwood, financial literacy is so important because it sets the standard for a stable future.
 
“Part of State Farm’s mission is to help people realize their dreams,” Chitwood says. “So if we can help them learn financial stability and literacy from the very beginning, we’ll be much better off.”

Do Good:

•    Contact a local State Farm agent if you would like assistance in bringing financial literacy into your school. 

•    Support the Economics Center by donating.

•    Check out the Economics Center’s resources for the classroom.

By Brittany York

Brittany York is a professor of English composition at the University of Cincinnati and a project manager for Charitable Words. She also edits the For Good section of SoapboxMedia.