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{"id":20992,"date":"2021-11-01T17:31:10","date_gmt":"2021-11-02T03:31:10","guid":{"rendered":"https:\/\/bigislandthieves.com\/?p=20992"},"modified":"2021-11-01T17:31:10","modified_gmt":"2021-11-02T03:31:10","slug":"hidoe-seek%ca%bbs-feedback-to-develop-financial-literacy-content-standards","status":"publish","type":"post","link":"https:\/\/bigislandthieves.com\/hidoe-seek%ca%bbs-feedback-to-develop-financial-literacy-content-standards\/","title":{"rendered":"HIDOE Seek\u02bbs Feedback to Develop Financial Literacy Content Standards"},"content":{"rendered":"
\u200bIntroduction<\/strong><\/p>\n
Financial literacy, or financial capability as it is currently defined at the federal level, is the capacity, based on knowledge, skills and access, to manage financial resources effectively. To develop this capacity, individuals must have appropriate access to and understanding of financial products, services, and concepts. Financial literacy empowers individuals to make\u00a0informed choices, avoid pitfalls, know where to go for help, and take actions to improve their\u00a0present and long-term financial well-being.<\/p>\n
The Hawaii State Department of Education, Office of Curriculum and Instructional Design, is currently investigating ways to ensure every student receives basic financial literacy before high\u00a0school graduation. At this time, efforts are focused on financial literacy education at the high school level.<\/p>\n
As part of this work, draft content standards have been curated for a one-semester introductory\u00a0level high school course on financial literacy designed to help students develop the capacity to describe, analyze, and evaluate many financial topics that most students will directly experience\u00a0in their personal and professional lives. While a one-semester course is not the only way in\u00a0which financial literacy education can be provided to students, the standards are a vital step toward ensuring consistent financial literacy education across the state.<\/p>\n