By Carly Urban, Professor of Economics at Montana State University and Research Fellow at the Institute for Labor Economics (IZA)
Young adults start their financial independence by making important long-run financial decisions:
- If (and where) they should go to college
- How to pay for college
- Which auto loans to choose
- How to pay taxes
- How to avoid costly debt traps, like high interest credit cards and payday loans
One policy seeking to improve the financial footing of newly financially independent young adults is incorporating personal finance content into high school curricula. Research is clear that including personal finance content in required coursework for high school graduation improves financial behaviors.
This policy lever improves credit scores, reduces delinquency rates, decreases the use of alternative financial services, improves student loan borrowing decisions, and increases subjective financial well-being. Further, requiring...continue reading
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Webinar March 13: Financial Literacy & Asset-based Engagement
 March 13 | 10:00-11:30am
Personal finances impact our lives every day. We know that finances play an integral part in how we live our lives, how we relate to others, and the opportunities we have. How can we talk to students about finances? When is the best time? In this webinar we are bringing you Carly Urban, a leading researcher on financial education from Montana State University to share strategies for how students can avoid financial pitfalls, the impacts financial education has on students of color, and the role of course requirements. We also have a panel of financial education professionals to share how they’re implementing financial education strategies in schools and with the community, including specific strategies for migrant and English learners, what it looks like in Auburn School District, and cultural shifts in how we talk about money and ways you can support a healthy relationship with finances. Free Clock Hours are available.
Presenters
- Carly Urban, Professor of Economics at Montana State University, Research Fellow at the Institute for Labor Economics
- Minda Michelle Mattox, Community Relations, South Seattle & South King County WSECU
- Julie DeBolt, Executive Director of Student Learning, Auburn School District
- Ashley McGirt, Founder & CEO, Therapy Fund Foundation
 Does your team need some tips on Financial Literacy for students? We’ve crafted activities that take 5-10 minutes, 20-30 minutes, and 90 minutes for you! Take a look at reflection questions and more. Check out this month’s Care Package.
If you had to identify the Top 5 things people should know about financial literacy, what would they be? Watch this short video for the Top 5 recommendations from Amy Kliewer, OSPI’s Financial Education Elementary Program Supervisor.
Money! Money! Money! Webinar
March 7 | 12:00-1:00pm
Credit - It’s not all bad, honestly. Learn how to make credit work FOR you!
You work hard to make it, sometimes it’s hard to save it, and we all want to make sure we have enough of it to live a long life in retirement. These sessions will aim to share information and resources you can use to help you save for your future and learn to spot and avoid financial fraud. Hosted by the State Department of Finacial Institutions.
Meeting ID: 224 564 695 761 Passcode: h3HcNs
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by Clinton Taylor, Executive Director, Your Money Matters Mentoring
Your Money Matters Financial Mentoring Program (YMMM) was founded in 2018 to fill a gap that exists with the current financial coaching, counseling, advising, and financial literacy programs within economically vulnerable, low-income communities, and local schools.
To assist participants with applying what they have learned in the workshops YMMM will pair individuals with trained and dedicated mentors who can help shepherd them at their own pace through the often-overwhelming maze of personal finance – from assisting them in determining which bank account is best to filling out a W-2 form, to mitigating commercial debt, to creating a...Continue Reading
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