Econiful Celebrates Financial Literacy Month!
Given that April is Financial Literacy Month, we want to shine a light on the personal finance unit in our one-semester economics curriculum. Unit 5 includes 11 (soon to be 12) personal finance lessons focused on essential concepts like compound interest, credit scores, budgeting, insurance and more!
Mary Suiter, Scott Wolla, and Lily Levin from the Federal Reserve Bank of St. Louis recently wrote about the complementary nature of economics and personal finance, explaining, "Economic reasoning can be used to make decisions in all areas of life, but especially when making personal finance decisions." We couldn't agree more! In our lessons students will be asked to apply the cost-benefit, opportunity cost, marginal, and interdependence principles in personal finance contexts.
Here at Econiful we know that incentives matter, so we're incentivizing our members to try one or more of our personal finance lessons. Between now and May 17, any Econiful member who implements a Unit 5 lesson plan and submits a feedback form (embedded in each lesson's slides) will be entered into a drawing for one of five $50 Amazon gift cards. Members can get a bonus entry into the drawing by sending a photograph of a Unit 5 lesson in action to info@econiful.org (we'll anonymize students if you haven't already done so). Winners will be announced on Monday, May 18.
Learn more about Unit 5 by viewing recordings of our PD events:
Personal Finance Lessons Rooted in Economic Thinking