By Olivia Vanni
Your average millennial’s eyes will glaze over at the mention of 401(k)s, options trading and equity. Finance is not our forte, but it’s not our fault. Unless you pursue a college degree in finance or a CFP, you aren’t exposed to concepts that help you navigate the seemingly scary and elusive world of saving and investing.
For students at Boston Public Schools, credit card issuer Discover Financial Services ($DFS) will be giving grant money to establish a financial education curriculum throughout the city’s high schools. With the awarded $180,000, there will be 30 public high schools throughout the city that will be able to cover the cost of bringing financial literacy to 6,000 local students annually.
The money comes from Discover’s Pathway to Financial Success program, which is in its fifth year and has improved financial literacy test scores as much as 24 percent at schools receiving grant money.
In terms of lesson plans Boston Public School students will encounter, they will vary and touch upon all areas of finance. For example, according to Pathway to Financial Success’ site, high school students will learn about stock markets, covering subjects like primary and secondary markets as well as IPOs. But their education will also zero in on topics centered on personal finance, wealth management and planning topics. So high schoolers will have exposure to concepts such as mutual funds, bonds and risk management. As of right now, there is no mention of student or consumer debt being included in the curriculum.
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