Improving the Financial Capability of Elementary School Students A Research Study and Guidance

Programs and policies designed to promote higher levels of financial capability among youth have proliferated in recent years in the aftermath of the recent economic crisis. This trend is fueled by the growing recognition that more must be done to equip young people with the knowledge, skills and attitudes that will serve as the basis for a lifetime of sound financial decision‐ making. The recent Executive Order establishing the President s Advisory Council on Financial Capability for Young Americans and the recent announcement of the Financial Literacy Education Commissions (FLEC) new strategic focus on "Starting Early for Financial Success" are both significant markers of increased levels of commitment and dedication among national policy makers to this important issue. This book examines the findings from the Assessing Financial Capability Outcomes (AFCO) Youth Pilot, and provides options and ways to save and invest for students.