ATLANTA–(BUSINESS WIRE)–Greenlight® Monetary Expertise, Inc. (“Greenlight”), the fintech firm on a mission to assist mother and father elevate financially sensible youngsters, at present introduced the launch of Greenlight for Lecture rooms, a free, web-based private finance library of interactive Okay-12 classes and educating supplies mapped to state and nationwide requirements. Beginning at present, academics nationwide can entry greater than 100 academic assets to empower their college students with monetary data, expertise, and confidence.
Solely 30 states require a private finance course for college kids, and teenagers rating a median of 64% on the Nationwide Monetary Literacy Check, displaying a transparent hole in monetary training that’s accessible and efficient. In a brand new nationwide survey, Greenlight discovered that 97% of academics agree monetary training is essential for his or her college students’ futures, but private finance is ranked because the #1 most under-resourced topic in faculties. 3 out of 4 academics say college students not often or by no means find out about private finance in class.
Greenlight for Lecture rooms brings academics the academic assets they should educate college students private finance in an efficient, participating approach. It consists of lots of of bite-sized movies, quizzes, actions, dialogue matters, and lesson plans — tailor-made to all grade ranges Okay-12 and mapped to state requirements. Classes are additionally aligned to the Nationwide Requirements for Private Monetary Schooling developed by the Bounce$tart Coalition and Council for Financial Schooling, masking essential monetary matters like incomes, spending, saving, investing, managing credit score, and extra.
Further survey outcomes discovered that academics are involved for college kids’ futures and wish simpler monetary training in faculties.
Key insights embody:
Academics consider private finance is a essential life talent and are involved college students aren’t outfitted for his or her monetary futures.
Private finance is ranked within the prime three most essential topics for college kids to be taught, alongside English and Math.
97% of academics say private finance training may be very or extraordinarily essential for his or her college students’ futures, but greater than half (58%) say college students aren’t ready to be financially unbiased adults after commencement.
58% of academics equally don’t consider college students are outfitted to navigate age-appropriate monetary conditions of their day by day lives at present.
There’s a important lack of academic assets for private finance in faculties.
Academics ranked private finance because the #1 most under-resourced topic in faculties.
3 out of 4 academics (76%) say college students not often or by no means find out about private finance.
84% of academics say faculties don’t allocate sufficient time to show private finance, and 70% say faculties wouldn’t have the academic assets wanted for college kids to be taught private finance.
89% of academics want faculties had simpler monetary training assets.
Academics need higher private finance training that’s interactive and fascinating for college kids.
Academics acknowledge challenges with present monetary training assets — greater than half (56%) say it’s too tough to combine them into the classroom, 36% say supplies are too difficult, and 30% say they’re too boring.
Academics crave participating academic assets like interactive lesson plans (85%), academic video games (79%), and group product concepts (68%) for simpler studying.
90% of academics say college students would be taught private finance greatest by way of interactive video games.
“ Greenlight’s mission has all the time been centered on empowering younger individuals to find out about cash,” mentioned Jennifer Seitz, Licensed Monetary Schooling Teacher and Director of Schooling at Greenlight. “ Greenlight for Lecture rooms helps advance our mission even additional by supporting academics with the participating academic assets they should educate college students private finance successfully.”
Greater than 500 academics have already signed up for Greenlight for Lecture rooms for the reason that pilot program earlier this yr. Stephanie Pennetti, a private finance trainer at Rumson-Honest Haven Regional Excessive College in Rumson, NJ, mentioned, ” I like utilizing Greenlight for Lecture rooms in my highschool private finance class. The teachings are turnkey and straightforward to implement within the classroom. My college students discover the movies and actions participating.” After finishing one week of Greenlight for Lecture rooms classes and utilizing analysis questions from the Nationwide Endowment for Monetary Schooling, the typical evaluation rating in Ms. Pennetti’s private finance class elevated by 23%.
Greenlight for Lecture rooms builds on the industry-leading curriculum utilized in Greenlight’s in-app monetary literacy sport Degree Up™. This yr, youngsters and teenagers have accomplished greater than 1 million private finance classes utilizing Degree Up with a median rating of 88.4% on post-lesson evaluation throughout all topics, together with spending, saving, incomes, investing, and managing credit score.
“ As a Bounce$tart Nationwide Accomplice, Greenlight has made nice efforts to advance monetary literacy for the subsequent technology,” mentioned Laura Levine, President and CEO of the Bounce$tart Coalition for Private Monetary Literacy. “ The brand new Greenlight for Lecture rooms program brings super alternative to assist remodel monetary training in faculties.”
Academics can select to combine Greenlight for Lecture rooms into their present curriculum or leverage ready-to-use lesson plans to suit the distinctive wants of every classroom. To entry Greenlight for Lecture rooms totally free and be taught extra, please go to: greenlight.com/school rooms.
Survey insights had been collected by Greenlight by way of a Researchscape survey fielded between August 22-26, 2023, amongst 525 Okay-12 academics within the U.S. Outcomes had been weighted to the inhabitants of academic instructors by geographic estimates from the Bureau of Labor Statistics.
Greenlight Monetary Expertise is the household fintech firm on a mission to assist mother and father elevate financially sensible youngsters. Its product, Greenlight, is an award-winning banking app, full with a debit card for youths and teenagers, money again bank card, and security options for the entire household. Dad and mom can automate allowance, handle chores, set versatile spend controls, and make investments for his or her household’s future. Children and teenagers be taught to earn, save, spend correctly, give, make investments, and handle credit score. Collectively, households may keep secure and linked with location sharing, SOS alerts, and crash detection with 911 dispatch.
The Greenlight Debit Card is issued by Neighborhood Federal Financial savings Financial institution, member FDIC, pursuant to license by Mastercard Worldwide. The Greenlight Household Money Card is issued by First Nationwide Financial institution of Omaha (FNBO®), member FDIC, pursuant to license by Mastercard Worldwide. Greenlight Funding Advisors, LLC, an SEC Registered Funding Advisor, gives funding advisory providers to its purchasers. Investing entails threat and should embody the lack of principal. Greenlight is a monetary know-how firm, not a financial institution. The Greenlight app facilitates banking providers by way of Greenlight’s financial institution companions. For extra data, please go to: greenlight.com.