eLearning Youth Financial Literacy

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eLearning Youth Financial Literacy

• Megan O'Neil-Haight University of Maryland
• Judy Branch
• University of Vermont

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Todays slide presentation http//jbranch.blog.u
vm.edu Down load the presentationPut in slide
show modeClick on the underlined addresses
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(No Transcript)
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Electronic Learning

• From Wikipedia, a free encyclopedia
• Electronic learning (or e-Learning or eLearning)
  is a term where the student and the teacher use
  online technology to interact and participate.
  Little or no in-person interaction takes place.

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Electronic Learning--continued

• Many technologies can be, and are, used in
  e-Learning, from blogs to collaborative software,
  ePortfolios, and virtual classrooms. Most
  eLearning situations use combinations of the
  these techniques.

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Electronic Learning-continuted

• Along with the terms
• learning technology,
• instructional technology, and
• Educational Technology,
• the term is generally used to refer to the use of
  technology in learning in a much broader sense
  than
• the computer-based training or Computer Aided
  Instruction of the 1980s.

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Electronic Learning--continued

• It is also broader than the terms Online Learning
  or Online Education which generally refer to
  purely web-based learning. In cases where mobile
  technologies are used, the term M-learning has
  become more common. E-learning, however, also has
  implications beyond just the technology and
  refers to the actual learning that takes place
  using these systems

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eLearning Personal Finance

• Jumpstart Coalition
• Credit Union National Association
• The Its a Habit Company!
• The United States Mint
• The National Endowment for Financial Education
• Bankrate.com
• Stock Market Game
• InCharge Education Foundation
• eXtension
• Whats Up In Finance (PBS)
• Money Talks (UCal)
• BLOGS

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Jumptart Coalition, April 9, 2008

• Financial literacy scores of 2008 high school
  senior class rank lower than 2006 peers
• High school seniors correctly answered only 48.3
  percent on biennial financial literacy test
• Drop of more than 4
• Graduating high school seniors continue to
  struggle with financial literacy

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http//www.jumpstart.org/

• Jumptart Coalition
• Visit news, clearinghouse, resources (websites),
  state
• requirements, state coalitions, downloads

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http//www.cuna.org/initiatives/youth/index.html

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• Credit Union National Association Resources for
  Youth and Young Adults
• Visit Savingteen,
• Financial Literacy programs
• FREE resources
• How to shop for a financial institution

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http//www.itsahabit.com

• The Its a Habit Company!, Inc.
• Visit resources (links, parents and educators,
• columns, piggy banks) news/media (company PSA)
• sign up for the Sammy newsletter

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Student IncreasesPre-Post

• Understanding of meaning of saving
• Believe they have choice on how to use money
• Understand goal setting for savings
• Understand working toward a goal is sometimes
  hard
• Believe they can get into a habit of saving that
  will last a whole life
• Believe saving and reading are good habits
• Believe they can save a lot of money

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Teacher Surveys(N 72)
Excellent Good Poor Appropriateness
of materials 76 24
Presentation held my interest 67 46
lt1 Quality of handout materials 75
22 lt1 Value of presentation to me
68 31 lt1 Overall quality of
presentation 64 31 lt1
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My knowledge of the availability of
age-appropriate financial education tools before
receiving this program was Below
average Average Above average Very high
11 61 22 lt1 As a direct result of
receiving todays program, my knowledge of the
availability of age-appropriate financial
education tools NOW is Below average Average Ab
ove average Very high -- 21 64
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• Which of the following do you plan to do NOW that
  you
• did not plan to do or were unsure of before
  receiving
• todays program?
• Talk more with children/youth about money matters
• 63
• Teach children/youth more effectively about money
  matters
• 43
• Improve my own money management
• 33
• Increase my own savings
• 43
• Decrease my own debt
• 25

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http//www.USMint.gov/

• The United States Mint (U.S. Department of the
  Treasury)
• Visit kids and teachers section
• Did you know section?
• (fun facts), cartoons, games, camp coin
• (kids site guide),
• teachers area (financial literacy)

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http//www.NEFE.org/

• The National Endowment for Financial Education
• Visit high school program description
• HSFPP Home page (launch the HSFPP video)
• Student, teacher, and parents portals
• Success Street game

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NEFE Success Street Game

• http//hsfpp.nefe.org/students/company1/content/10
  9/index.html

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NEFE Cash Course (NEW!)

• http//cashcourse.org/sample

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http//www.bankrate.com

• Bankrate.com
• Visit home page
• Multiple interactive resources

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http//www.bankrate.com/brm/news/sav/2006savmg/sav
ings-calc.asp

• Demonstrate Bankrate.coms Compound Savings
  Calculator

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http//www.smgww.org/ 

• The Stock Market Game
• for grades 5 through 12

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Discover eXtension www.extension.org

• http//about.extension.org/mediawiki/files/f/f9/Wh
  at_is_eXtension.swf
• Video

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eXtensionwww.extension.org/personal_finance
Adult Youth Personal Finance Resources
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www.thirteen.org/finance

• Whats Up in Finance (PBS)

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• Money Talks
• California Cooperative Extension
• http//www.moneytalks.ucr.edu/english/home.html

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Money BLOGS

• http//moneytinsights.blogspot.com

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Money BLOGS

• http//www.moneyblognetwork.com/

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Money BLOGS

• http//mymoneyblog.com/

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Money BLOGS

• http//www.pfblog.com/

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Money BLOGS

• http//livingwellgrants.blogspot.com/

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Money BLOGS

• http//jbranch.blog.uvm.edu/

start your own!
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Blogging http//jbranch.blog.uvm.edu
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Discussion? Thanks for your
participation

• Contact us (todays slide presentation)
  http//jbranch.blog.uvm.edu
• Our contact information is listed in your
  conference program book