If high school and college-aged students could choose the one educational course that would most benefit their future, it would be one focused on money management.
That’s according to a 2017 National Financial Educators Council survey of more than 1,000 young adults age 18-24.
Meanwhile, 90% of the nation’s teachers think financial literacy should be taught in schools. Yet 82% of teachers say they aren’t equipped to teach it because they don’t have the resources.
Now, thanks to the South Carolina Association of Certified Public Accountants’ efforts to expand the teaching of financial literacy, financial professionals are becoming advocates and resource providers to state educators.
“The good news is high school students today are more eager than ever to learn financial literacy concepts,” SCACPA CEO Chris Jenkins said. “They realize how, regardless of their future career path or profession, that they will have to have an understanding of their finances—how to make money, how to save it and how to spend it in smart way.”
SCACPA counts more than 4,200 members and is perfectly poised to engage students directly at the high school and college level. In fact, nearly 1,000 college students are enrolled as SCACPA members. Not only is annual membership free, students are now permitted (and encouraged) to serve on SCACPA volunteer boards.
As part of SCACPA’s efforts to “educate our educators” on how to best teach financial literacy, Jenkins will be presenting a course at the 2018 South Carolina Finance Forum on Thursday, Nov. 1 at the Hilton Columbia Center.
Created by SC Economics — a nonprofit business education partnership housed in USC’s Darla Moore School of Business— the SC Finance Forum is an informative one-day conference that provides K-12 teachers, administrators, educators and partners educational materials and the opportunity to discuss strategies to help students financially prepare for their future.
“We believe in the mission of SC Economics—that the most effective way to make a difference in the lives of young people is by teaching their teachers how to make economic and personal financial decision-making skills come alive in the classroom.
“For that to happen, we must equip teachers with the right materials to do that. That happens through direct educational opportunities for teachers such as the Finance Forum and through connecting teachers with our SCACPA member professionals who are part of our eight statewide chapters.
“We need to equip educators across our state to prepare our students for the real world,” Jenkins said.
If you would like to learn when SCACPA CEO Chris Jenkins will soon be speaking on financial literacy, or to schedule a time for to speak to your group, email firstname.lastname@example.org.