Financial literacy skills means having the confidence, knowledge, and skills needed to make financial decisions that promote financial self-sufficiency, stability, and well-being. These skills include the ability to effectively locate, evaluate, and use information, resources, and services and to make informed decisions about financial obligations, budgeting, credit, debt, and planning for the future.
- Financial Literacy: Issue Brief
- Best Practices in Financial Literacy: A Case Study
- Financial Literacy: Lesson Plan for Introduction to Purchasing a Car
- Financial Literacy: Lesson Plan on Money Management
- Financial Literacy: Project-Based Learning
- Financial Literacy: Problem-Based Learning
- Financial Literacy: Integrated and Contextualized Instruction
- Financial Literacy: Annotated Instructional Resources and References
- Teaching the Skills That Matter: Financial Literacy in Action
This video shows the components for teaching a financial literacy lesson. You'll see Stephanie Sommers teach a lesson titled "Household Cashflow" as she guides her intermediate and intermediate-high (NRS levels) students through deciding how to save and manage money following the best practices for financial literacy instruction. Ms. Sommers is a Teaching Skills that Matter Coach in addition to being an Adult Diploma Coordinator & Writing Curriculum Lead for Minneapolis Public Schools. In the video, you'll also hear from Thomas Dieter, an adult education subject matter expert in financial literacy.