New financial literacy resources available

The Maine DOE annually provides information about financial literacy resources to superintendents and school board members. 

LD 184, An Act to Promote the Financial Literacy of High School Students was approved in 2011.  As a result of the legislation, Sec. 1. 20-A MRSA Section 254, Sub-section 13 was enacted and encourages school administrative units to implement an integrated model for personal finance.  Each school administrative unit determines whether to teach financial literacy as a separate course or to integrate it with other courses.  Districts may provide students with multiple pathways and opportunities for students to demonstrate achievement of standards.  In other words, it is acceptable for personal finance to be taught through a course other than social studies. A list of suggested financial literacy resources that can help teachers integrate financial literacy instruction in the classroom is available here on the Maine DOE’s Social Studies web page.

Additionally, a searchable list of Maine Financial Education Services is now available on the Finance Authority of Maine website. Educators and community members may use the tool to find local financial education resources, including course information, programs and speakers. Every resource included comes at little or no cost to the user. Need more information or know of a resource to add? Please contact FAME.

Save the date

Educators interested in more information about financial literacy are invited to the 5th Annual Fostering Financial Education in Maine Schools Conference on May 8 at the Cross Insurance Center in Bangor.  Visit the Maine Jump$tart Coalition’s website for more information.