Media Release

Teens

Financial Literacy for Teens Curriculum Implemented in 3,500 Schools Nationwide

For Immediate Release:

Contact: Chad Foster / [email protected] / www.chadfoster.com

"We should fully expect the global financial crisis of 2008 to repeat itself if today's students are not provided with financial literacy skills prior to entering the workplace," warns Chad Foster, author of the nationally acclaimed book/curriculum Financial Literacy for Teens.

In 2008, almost one million people declared personal bankruptcy. A large percentage of those going bankrupt are between the ages of 18 and 25. "Our schools are working diligently to educate young people so they can enter the workforce, but those efforts are greatly diminished if students aren't prepared to handle the money they will earn throughout their careers" cautions Foster.

Using a unique approach with a proven track record, Foster's strategy has been successful in its goal to change the way students think about money. Students in 3,500 schools nationwide have benefitted from the practical, relevant messages of the Financial Literacy for Teens student book and project-based curriculum which is aligned to the national standards of the JumpStart Coalition for Personal Finance.

National surveys indicate that a majority of high school seniors fail basic personal financial literacy exams. It is a well-known fact that a great number of those seniors will enter the workforce in less than one year, yet only a handful of states require financial literacy courses for high school graduation.

"We are seeing students from all walks of life who do not understand the difference between needs and wants, and young people who are oblivious to the dangers of credit-card debt," explains Foster. These same students will ultimately spend their 20's and 30's trying to dig themselves out of unnecessary debt, eliminating any chance to use these critical years for saving and investing.

In Financial Literacy for Teens, which has been read by more than 500,000 students, Foster reminds us that almost every student today will earn more than one million dollars over the course of their lives and he believes every one of those students deserves a viable plan for making, managing, multiplying, and protecting their hard-earned money. "When college presidents tell us that they lose more students each year to credit-card debt than to academic failure we cannot ignore the severity of the problem," warns Foster.


For more information please send email to [email protected] or call (706) 342-9189.