The North Carolina Department of Public Instruction (NCDPI), in partnership with Capitol Broadcasting has launched a new campaign to bring to the light the importance of understanding matters of personal finance both at school and at home. We believe that teaching youth how to make sound financial decisions should be an integral part of character development and citizenship education as personal choices may also have profound conse
quences for the larger community.
On this site, you will find resources used by educators to support personal financial literacy as well as resources that may be used to further development financial competency at home.
For questions about information contained on this site, please contact Fay Gore, Section Chief for K-12 Social Studies for NCDPI at firstname.lastname@example.org .
It’s the Law!
In August of 2009, then Governor Beverly E. Perdue, signed House Bill 1474 into law requiring the NC Standard Course of Study and the Basic Education Program include the requirement that the public schools provide instruction in personal financial literacy for all students. Specific topics of focus for the bill were:
(1) The true cost of credit,
(2) Choosing and managing a credit card
(3) Borrowing money for an automobile or other large purchase
(4) Home mortgages
(5) Credit scoring and credit reports, and
(6) Other relevant financial literacy issues
K-12 Social Studies Curriculum
In December 2010, the North Carolina State Board of Education (NCSBE) approved the revisions to the K-12 Social Studies Standard Course of Study. These new standards included standards to support the teaching of personal finance at every grade level K-8. Additionally, the NCSBE approved a high school course, American History: Founding Principles, Civics and Economics, that is required for graduation. One third of the course focuses on personal finance.
You may download this document to see all of the standards that are specifically focused on building personal financial literacy. Economic and Financial Literacy Strand Map – Draft _10-19-15
Below are a few resources to assist you with teaching your child about finances.
*Please note that the NC State Board of Education nor the NC Department of Public Instruction endorses nor supports any of the resources posted here.
- How To Raise A Money Smart Child: A Parent’s Guide by Jumpstart Coalition
- Parents Guide To Teaching Children About Money Management by Shepherds Friendly
- Teaching Kids About Money: An Age-by-Age Guide by Anna Attkisson for Parents.com
- Ultimate Resources for Teaching Kids About Money by The Mint
- Parents and Kids and Money by The Mint It Makes Perfect¢ents
- Money Matters: A Guide to Teaching Finances to Children by Daniel Schuler
- How Parents Can Teach Their Kids To Manage Money Well At College by Michael Schramm, Special for USA TODAY
You may also access resources to assist you with financial understanding at WRAL.COM