EVERFI
Combining Volunteerism with K-12 Financial Education
Pages
9
Time to read
9 mins
Publication
Language
English
Pages
9
Time to read
9 mins
Publication
Language
English
This guide discusses the integration of volunteerism and K-12 financial education to enhance financial literacy among students. It outlines the role of financial institutions such as banks and credit unions in fostering financial health within communities. The document explains that many consumers lack financial literacy, which may deter them from seeking help from their financial institutions. It emphasizes the importance of early financial education, suggesting that students who engage in multiple financial education courses exhibit higher confidence and better financial behavior. The guide also highlights the current state of K-12 financial education in the U.S., noting that while support for financial education is strong among adults, implementation remains inconsistent across states. Additionally, it discusses the benefits of employee volunteerism in classrooms, which can positively impact students’ learning experiences and reinforce community ties. The guide stresses that financial institutions should cultivate a culture of community engagement to enhance their brand trust and future customer relationships.