Financial literacy initiatives aimed at youth are often generic and not designed to address the needs of low-income youth in particular – curriculum content should be meaningful and relevant to the lives and situations of the participants. The topics covered include budgeting and saving, college financial aid packages, credit cards, debts and loans, and investment. You should talk to your children about money sooner than you think. Kids need to be taught from a very early age that they don’t get to keep everything they earn. The goal of the New Jersey Coalition for Financial Education (NJCFE) is to improve the personal financial literacy of New Jersey’s citizens by promoting the teaching of personal finance to people of all ages. Consistent training in basic financial literacy could help alleviate much of this problem. To reach today’s youth—a generation of digital natives—it’s crucial to provide an interactive and fun experience that gives students the basic building blocks of financial literacy. 7 According to a 2011 GAO report on financial literacy, “[r]elatively few evidence-based evaluations of financial literacy programs have been conducted, limiting what is known about which specific methods and strategies are most effective.” See U.S. Government Accountability Office, GAO-11-614, Financial Literacy: A Federal Certification Here are three organizations that are taking financial literacy education to new heights. All materials created or disseminated by the Y4Y Portal, including the contents of this Website, do not necessarily represent the positions or policies of the U.S. Department of Education. April is Financial Literacy Month and there’s no time like the present to give your kids some lessons that they can use for their entire lives. Tax a little. NCMSC Support Center (has been going into schools and teaching financial literacy to youth of all ages) – www.ncmsc.org. Children are growing up in an increasingly complex world where they will eventually need to take charge of their own financial future. After all, what better place to communicate these life lessons around money than in the classroom? The reality is, financial illiteracy affects us all. Jan 03, 2018 | 3 cool organizations teaching kids about money. In a world where digital transactions are increasingly becoming the preferred (and safest) option, it’s time to re-think how we’re teaching kids about saving money… Teach and Train Financial Literacy to Black Youth At the California Black Chamber of Commerce it is, without question, our duty and honor to teach and train the next generation of African American entrepreneurs the most successful route to financial success personally and in business. 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