Financial Literacy Focus
High School Students
Senate Bill 1063 passed in the Texas 87th Legislative Session to create a personal financial literacy & economics course for Texas high school students. This bill will ensure students have the opportunity to graduate with critical financial literacy skills
Teaching financial literacy to can be done through various methods, such as:
Classroom instruction: Incorporate financial literacy into the curriculum of math, social studies, or economics classes.
Budgeting and money management workshops: Offer workshops that teach teens how to create a budget, save money, and invest in the future.
Online resources: Provide access to online resources such as financial calculators, budgeting tools, and educational videos.
Real-world simulations: Use simulations or role-playing exercises that allow teens to experience the realities of earning, spending, saving, and investing money.
Guest speakers: Invite financial experts to speak to the class about personal finance topics such as credit, saving for college, and investing.
Encourage them to start earning: Encourage them to start earning money through part-time jobs, internships, or starting their own small businesses.
Parental guidance: Encourage parents to talk to their teens about personal finance and money management and role model good financial habits
Personal Finance App: Encourage them to use personal finance apps or games that help them learn about budgeting, saving, and investing in a fun and interactive way.
Overall, the key to teaching financial literacy is to make it relevant, relatable, and interactive, and to provide opportunities for hands-on learning and real-world application.