Consistent messaging about reliable processes is valuable when educating about risk management. Recent research has shown that national and state financial literacy education (FLE) curricula have risk management and insurance standards with inconsistent tendencies. Informed by Beauchamp's (1961) field of curriculum theory, this conceptual essay…

There is persistent evidence of poor levels of financial literacy in a number of sectors of the Australian community. Young people, in particular, tend to fare badly in studies of financial literacy levels. A recent study commissioned by the Commonwealth Bank Foundation found that 16-25 year-olds constitute 42% of the bottom quartile, and only 4%…

Utilizing concepts from Pierre Bourdieu I argue that the implementation of financial literacy education in Ontario public schools will, if uncontested, support a neoliberal consumer habitus (subjectivity) at the expense of the critical citizen. This internalization of the neoliberal ethos assists state efforts to shift responsibility for…

With increasing personal and business financial challenges facing today's professionals, we, as business school faculty, have a responsibility to offer the educational background that should enable rising professionals to successfully manage finances. Unfortunately, the results of a recent analysis of curriculum offerings in Personal Financial…

This article presents the findings related to teaching beliefs and pedagogical practices of a study that examined how financial literacy educators educate adults from underserved population groups in community-based settings. The study is theoretically framed in the teaching beliefs and culturally responsive education literature. Findings reveal a…

This document is a revised version of the National Consumer and Financial Literacy Framework (the Framework) originally developed in 2005. It articulates a rationale for consumer and financial education in Australian schools; describes essential consumer and financial capabilities that will support lifelong learning; and provides guidance on how…

During the past 10 years, consumers have experienced a substantial growth in credit and an unprecedented increase in the rate of inflation. As increases in credit usage continue to outpace increases in real income and as savings rates decline, consumers are increasingly likely to suffer financial problems and are increasingly in need of money…

At one time, the financial unit of a family and consumer sciences (FCS) curriculum was as simple as looking at budgets and doing checkbook exercises. Today, the FCS financial literacy program is a 6-week unit, designed to meet the Colorado Core Life Management Curriculum Standard II, Managing Your Finances, and the FCS Education National Standard…

The article discusses ways to implement a broadened consumer economics curriculum at the secondary level to include personal and household budgeting and purchasing, consumer credit, bank services, savings and loans, credit unions, insurance, investments, and taxation. (MF)

As the debt of the U.S. government approaches $9 trillion, we must ask ourselves what sort of economic example is being set for our students. If this debt will be passed on to our current generation of students, what, then, should children and teenagers know about personal finance? How can sound financial principles and money management be taught…

The Newburyport Project for Consumer Education, a pilot project conducted under the auspices of the Newburyport School Committee and the Massachusetts Department of Education, is described in this brochure in terms of the project's rationale, history, and implementation. The three-year project, now in its second year, is based on two principles:…

Prepared by junior and senior high teachers, the curriculum guide is an interdisciplinary approach by the business education, home economics, and social studies departments to a consumer education course. The initial development of materials was field tested and revised; a second-year field testing of the revised curriculum and a final analysis…

This series of 12 short essays with teacher's guides is designed to provide secondary students with practical skills and knowledge of our economic system. Objectives are for students to: (1) identify basic concepts which underlie our economic system, (2) understand how systems operate, (3) analyze strengths and weaknesses of the economic system,…

This educational booklet for secondary teachers contains readings, student activities, and selected resources on money management. The authors believe that preventive money management education can help students become tomorrow's wise consumers. Parts one, two, and three comprise half of the booklet and deal, respectively, with budgeting and money…

The primary objective of the guide is to help teachers and administrators identify scope and plan for sequence in learning experiences in teaching consumer aspects of personal and family money management in grades 7-12. Behavioral outcomes and principles at the beginning (you), intermediate (your family), and advanced (your future) levels of…