In recognition of Financial Literacy Month and as part of its commitment to financial health and education, Churchill Mortgage is providing four high schools with Ramsey Solutions’ Foundations in Personal Finance, a full curriculum that teaches students how to manage their finances and build wealth to achieve a sound financial future.
The high schools include: Brentwood High School (Brentwood, Tenn.), Greenwood High School (Greenwood, S.C.), Pine Creek High School (Colorado Springs, Colo.) and South Ridge High School (Beaverton, Ore.).
According to the Council for Economic Education, only five states require high school students to complete a standalone semester personal finance course before they graduate, illustrating a greater need for financial literacy initiatives. A survey of more than 76,000 high school students (conducted by Ramsey Solutions) shows that high schoolers who take personal finance courses have a greater understanding of financial concepts, such as:
>>The differences between credit and debit cards (86%);
>>How to pay income taxes (87%)
>>How home, auto and life insurance work (90%)
>>How student loans work (94%)
Launched in 2008 by financial expert Dave Ramsey, Foundations in Personal Finance is taught in one-in-three high schools nationwide and educates students on avoiding debt, budgeting with intention and investing and building wealth. The curriculum is an easy-to-use, turn-key program that meets education standards and benchmarks in all fifty states and Jump$tart national standards. More than three million students have taken Foundations in Personal Finance curriculum nationwide.
“When established early in life, healthy financial habits can make a monumental difference in quality of life. These habits would not be possible without powerful educational resources like Ramsey Solutions’ Foundations in Personal Finance curriculum and nationwide initiatives like Financial Literacy Month,” said Mike Hardwick, president of Churchill Mortgage. “At Churchill, we’re dedicated to educating and helping people achieve financial freedom with the heart of a teacher. Providing this curriculum to these schools is our way of giving back and for these students, it is the first and most important step to building a strong financial foundation.”