Financial Education in Vermont
Being "financially literate" means you have the knowledge, skills and habits to successfully manage your money. A growing body of research shows a wide range of benefits to individuals, families and communities where its citizens are actively practicing sound money management skills. Such skills include using a budget or plan for monthly spending; regularly saving some of today's money for tomorrow's needs; managing your use of credit to avoid over-extending yourself; and investing funds to allow your money to grow. The pages in our financial literacy section organize resources for you so that you can quickly get to information you can use. The links to these pages are located on the righthand side of this page. We hope these pages help you continue to move forward toward a more financially secure future.
What's New in Financial Literacy?
The Challenge is an all-day academic tournament for high school students that promotes student interest in and knowledge of economics and personal finance. May 3, twelve high schools came to the State Capitol to battle for the gold cup. The winner this year was Missisquoi Valley Union High School in Swanton.
The 2013 contest theme challenges 3rd-12th grade students to consider how to grow their money. See who won.
Ten Vermont students in K-6th grades have won $250 college savings accounts. There were 130 schools that participated in the program this year, which promotes both financial and reading literacy. And ... as an added bonus for school libraries this year, Vermont Teddy Bear donated a giant bear to the program. Schools that returned completed reading logs from 25% of their K-6th grade enrollment were entered in a bear raffle. Congratulations to Orchard School in South Burlington for winning the bear.
As part of their Start Where You Are program, VSAC offers this 14-page electronic magazine that covers a range of savvy money tips and information on managing your money.
Wi$eUp is a financial education project that provides online lessons on achieving financial security targeted to Generations X and Y women. The program was developed through the oversight of the U.S. Department of Labor's Women's Bureau. Topics in the curriculum include setting financial goals, budgeting, money math, investing, and retirement planning. There's also an "Ask the Experts" feature and a teleconference call series.
From avoiding unexpected bank account costs to financial planning tips for young adults--check out the FDIC (Federal Deposit Insurance Corporation) consumer education page.
We recognize these trust fund supporters for their partnership with the Treasurer's Office in promoting financial literacy.