I invite you to participate in an important statewide effort to teach young people the importance of making smart decisions about their money and finances. After you read this blog post and review the attachment, it will take less than a minute to respond.
Over the past few months, a group of community leaders and financial service professionals established the Financial Literacy Coalition of Minnesota. This new group, known as the Coalition, has partnered with the Minnesota Council on Economic Education (MCEE) to pass a bill in the current legislative session. The bill would require a semester-equivalent personal finance course to graduate from high school.
According to the Coalition, only a small percentage of school districts require students to take a personal finance course. If this bill becomes law, Minnesota will join seventeen states that have adopted this new graduation standard.
This is the second attempt to pass such legislation in Minnesota. The first effort failed due to a lack of organized support. Here is how you can help.
To get the bill to the Governor’s desk for signature, we hope you will become an advocate for its passage by completing and submitting this brief form.
The Coalition, through MCEE, will keep you informed about the progress of this legislation. You will receive alerts when the bill is in committee (and, hopefully, up for a vote on the House and Senate floors) so you can contact your legislators and ask them to support the bill. All information you provide will remain confidential and used solely to contact you as an advocate for the Coalition/MCEE-supported bill.
On behalf of the Coalition, thanks in advance for your support! Together, we can give all Minnesota students access to personal finance education and prepare them to make effective decisions as they pursue higher education, enter the workforce, and give back to their communities.
Please forward this information to any contacts in your communities interested in becoming advocates for financial literacy in Minnesota.
David Slegh, CFA, CAIA, FDP
CFA Minnesota Board Member
Chair of Advocacy and Public Awareness Committee