percent of students are unprepared for their financial futures.
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percent of Americans spend without a budget
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percent of high school seniors are financially uneducated.
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percent of college graduates are financially illiterate.
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A financially FIT America™DoughMain Financial Literacy Foundation is a nonprofit dedicated to building a better tomorrow by educating students today, in order to forge a financially literate America.
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What is “Financial Literacy”?Financial literacy [fi-nan-shuh l lit-er-uh-see] The ability to understand how money works in the world
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How You Can Help
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Who We Are And What We DoSee what DoughMain has to offer teachers and students
75% of college graduates are financially illiterate.2014 study by JumpStartCoalition for Personal Financial Literacy
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The Good NewsFinancial education is increasingly becoming a required topic.
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Financial education is increasingly becoming a required topic in school standards in order for students to graduate.
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The Bad NewsTeachers lack the resources to effectively teach personal finances.
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Teachers lack the resources, content and knowledge to effectively teach personal finances topics
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Stories of Success
During the Spring of 2017 (2% of the school student population), our FitKit H.S. Youth Financial Literacy Program became popular among students with 20% of the student population and growing now requesting the course be added to their schedules.
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During the Spring of 2017 (2% of the school student population), our FitKit H.S. Youth Financial Literacy Program became popular among students with 20% of the student population and growing now requesting the course be added to their schedules. Although this course is not a requirement in Pennsylvania, the small sampling demonstrated a solid 40% increase in financial literacy scores being recorded based upon our course pre and post assessments with higher average increases among HS Freshman, Sophomores and Juniors. Three separate trends have also been identified which if they hold true over larger samples, will be very interesting as we move forward. They are the following: 1) Course effectiveness may be gender neutral. 2) Freshman taking the course showed some of the greatest improvement. 3) Course may be the most effective for those who enter the course knowing the least; indicating that we may be best at reaching those most in need.
Test Your Financial Literacy
43% of Americans and 67% of the world population failed to pass this five question financial literacy test. Can you pass it?