Financial Literacy & High Schoolers - JA In The News | Junior Achievement of Dallas

JA is Really Newsworthy!

Local News Coverage Highlights

Thank you to these outlets for helping spread the good work JA Dallas is doing!

OffBeat Business Media: Seated2Serve Podcast - Interview with Jan Murfield

Toyota & The Dallas Morning News - JUNIOR ACHIEVEMENT AND TOYOTA ARE PREPARING NORTH TEXAS KIDS FOR SUCCESSFUL FINANCIAL FUTURES

RowlettLakeshoreTimes - Junior Achievement of Dallas receives national honor

The Scott Murray Show: Relationship Roundtable - Interview with Jan Murfield, Sabih Khan, and Jaylen Freeman (this link will trigger a download of the interview to your computer - look to the bottom of your browser for the file)

1080 KRLD News Radio - Interview with Bobby B. Lyle; Interview with John C. Goff; Interview with Mitch Hart

« Back

Financial Literacy & High Schoolers

What is financial literacy?

Research conducted by the Program for International Student Assessment (PISA) found that one in five (22%) teenagers from the U.S. lack fundamental financial literacy skills. Basic skills that are included in financial literacy include the ability to budget, how to save, understanding the impact of credit and debt, investing to reach financial goals, and utilizing outlets like insurance companies in order to minimize future financial drains.

Why is financial literacy important for high schoolers?

While most high schoolers are not looking to invest their money for retirement, most high school students have or are experiencing part-time work, income and expenses, as well as setting future goals. At this stage in a teen’s life, it is crucial that they are looking towards financial goals they want to reach from higher education to a reliable car. With college around the corner, saving early will be a necessary step as well as understanding the process of taking out a loan. Students will also be expected to manage their money for the first time living on their own. As all of the responsibilities add up, it is crucial that high schoolers know how to manage their personal finances.

Teaching financial literacy to high schoolers

Teens know the financial responsibilities that lie ahead of them and they are eager to learn how they can manage all of them while attempting to do their own laundry. In fact, a study conducted on behalf of Junior Achievement and Ernst & Young LLP (EY) found 81% of teens would take a work/financial readiness class if it was offered to them. Which begs the question, how can you spark discussions with your students or child about preparing for their future.

Money Tools for….

 Parents and Teens at Home

  • Break out your family Monopoly board to help your teen get hands-on with saving, spending and investing concepts or Game of Life  to let them test-drive a career and make their own financial decisions!
  • Utilize the one thing that they ALWAYS have on them—their phone! Encourage your child to review their bank statements, explore options to start building their credit and seek out information about college loans.

 Teachers and High Schoolers in the Classroom

 

Comments
No comments yet. Be the first.
  • "In 4th grade, I learned about being an entrepreneur. I now own my own vending machine company, which helped me earn money to help buy our family dog."

    -Mathews Elementary Student, Plano ISD
  • "I learned that companies are looking for candidates who show they are ready to work hard and have a solid résumé."

    -Kimball High School Student, Dallas ISD
  • "When the business people come in and work with our students, it gives students a real life application and how it relates to their future."

    -Townley Elementary Principal, Irving ISD
  • "Starting with elementary school Junior Achievement I remember it being one of the best parts of the year. I got to have someone new come in and share about their life and how my future could be successful too!"

    -Alum & Volunteer
  • "That experience impacted the trajectory of my career. Today, I owned a 13 year old marketing consulting and coaching firm. Thank you JA for exposing me to my destiny."

    -Alum
  • "We not only make their lives better, but we potentially enrich all of our own lives."

    -Donor

Get Involved!

Junior Achievement
of Dallas

Donate Now    Volunteer    Request a
Program