Florida finance and business leaders have long pushed for the state’s students to better understand the way money works in today’s society. Lawmakers mandated financial literacy instruction for high school students in 2013.
In June, the State Board of Education adopted a “financial literacy strand” into its social studies standards.
Did you know Florida was the first in the nation to put in place the national Council for Economic Education’s Standards for Financial Literacy, which include lessons on such subjects as saving and investment? This sets the stage for a full-blown course on the subject some time in the future, to go along with the growing list of other state mandated (and tested) topics that students face.
CEE CEO Nan J. Morrison said she’s “thrilled” that Florida took the lead in this area. “By implementing these standards, Florida schools ensure that their students learn the critical skills they need, not only to make sound financial decisions but to make smart choices in all aspects of their lives,” she said in a release.