Financial Literacy in Education
Wisconsin educators are encouraged to utilize the following resources to teach financial literacy to students, community members, and others across the state.
Wisconsin Department of Public Instruction (DPI)
The Wisconsin Department of Public Instruction (DPI) sets forth the Personal Financial Literacy Standards across all grade levels and disciplines in Wisconsin. A comprehensive, developmentally appropriate pre-kindergarten through grade 12 program can promote personal financial literacy throughout numerous curricular areas. Educators from all grade levels can use the financial literacy standards to align instruction and create curriculum and activities designed to instill within students a desire to be financially literate. The standards are intended to help schools develop programs that provide the knowledge and skills to establish sound financial habits. Learn more here.
Forward Learning Institute for Financial & Economic Literacy (FLIFEL)
The Forward Learning Institute of Financial and Economic Literacy, FLIFEL (formerly NIFEL), is a collaborative professional development program designed to meet current needs and support educators in fulfilling the financial literacy education requirement. This is an initiative done in collaboration with Edgewood College, the Wisconsin Departments of Financial Institutions and Public Instruction, Next Gen Personal Finance, and the CBM Credit Education Foundation.
We are excited to announce new online professional development opportunities. They are designed to be completed at your own pace and can be accessed through the Wisconsin Jumpstart Website. These sessions are FREE. There is no need to register, simply visit: https://www.jumpstart.org/who-we-are/states/wisconsin/flifel/.
Current Sessions include:
- Secure Future's Money Path Resource Seminar: This web-based financial education application allows students to explore how their decisions about college, career, budgeting, and saving will impact their long-term goals and lifelong financial success. Learn how you can utilize this tool for online learning and into the future! https://www.jumpstart.org/who-we-are/states/wisconsin/flifel/securefutures-financial-education-online-training/
- Recent Economic Events: This video series created by Professor Bill Duddleston reviews economic events starting in the 1990’s and explores short-term and long-term interest rates. This series gives interesting insight into what could come in today’s economic situation. https://www.jumpstart.org/who-we-are/states/wisconsin/flifel/a-brief-course-in-recent-economic-events/
Money Smart Week – Wisconsin
Money Smart Week, a national initiative in partnership with the Federal Reserve Bank of Chicago, provides financial literacy programming to help community members better manage their personal finances. Visit the Money Smart Week website for additional details and how to become a Money Smart Week partner.
The Department of Financial Institutions works with Voya as its Program Manager for its Tomorrow’s Scholar, advisor-sold College Savings Plan. Voya is dedicated to enriching individuals’ lives through increasing financial literacy education and has shared a link to their Financial Literacy resources.https://www.voya.com/page/voya-celebrates-financial-literacy
For additional information, contact the Office of Financial Literacy Director David Mancl at (608) 572-5794 or email David.Mancl@dfi.wisconsin.gov.