ICFE eNEWS #10-08 - February 17th 2010
Home Tell a Friend! Contact ICFE Link Exchange Search ICFE Subscribe ICFE About the ICFE
ICFE News Releases ICFE in the News Children and Money Financial Education Personal Financial Counseling with Paul S. Richard, RFC Credit Card Tips Credit File Correction Mending Spending Links and Resources Order Options
 

U.S. Departments of Treasury and Education Update

From: U.S. Department of the Treasury
Sent: Friday, February 12, 2010 1:22 PM
Subject: U.S. Departments of Treasury and Education Update

Dear Colleague,
In December 2009, Treasury Secretary Tim Geithner and Education Secretary Arne Duncan announced the National Financial Capability Challenge. They said that along with getting the economy back on track and getting smarter about financial regulation, we also need to make sure all Americans - but especially our youth - get the financial education they need to help them take responsibility for their financial futures. Treasury and Education are committed to working together on this issue. The Challenge - an awards program for educators and high schools students that aims to encourage the teaching of personal finance - is our first step in a new partnership.

An earlier version of the Challenge was organized by Treasury under the previous administration, and this expanded effort builds on that success.

Our goal is to get one million high school students to take the Challenge, which includes a voluntary online exam, by April 9, 2010. To make that happen, we'll need thousands of educators from across the country to register and get their students prepared. Two thousand educators have already signed up. It's a good start, but we have a long way to go.

We're writing to ask for your help.

Will you please support our effort to reach out to high school teachers - and other educators working with high school students age 13-19, such as librarians, youth group leaders, and after-school program staff - to encourage them to sign up for the Challenge at challenge.treas.gov by March 14?

We're encouraging educators to take these steps:

  1. View the video message from Secretary Duncan
  2. Register for the Challenge by March 14th
  3. Recruit their colleagues to participate (flier available here)
  4. Prepare their students (using the free educator toolkit or their own Resources)
  5. Administer the online exam one day between March 15th and April 9th
  6. Present official (printable) awards certificates to high-scoring students
  7. All participating educators will receive personalized awards certificates, and educators in states with the highest participation rates will earn special distinction.

Please consider taking these steps as an outreach partner:

  • Send a custom message directly to educators and/or people who work with them
  • Contact influential individuals who could help recruit educators to participate
  • Include a link to the National Financial Capability Challenge website on your own site
  • Include the Challenge in your organization's social networking (Facebook, Twitter, etc.)
  • Talk about the Challenge during speaking engagements
  • Create additional incentives to encourage educators to participate
  • Offer instructional support to educators new to this topic (e.g. linking them with local experts)

Thank you for your support.

Sincerely,
Michelle Greene
Deputy Assistant Secretary for Financial Education and Financial access
U.S. Department of the Treasury

Matthew Yale
Deputy Chief of Staff
U.S. Department of Education

 

About the ICFE:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org.  Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

 
To Order Financial Education Books, DVDs, and Software:
Click Here for Order Options (Online, Fax, Phone)
California residents add 8.00ales tax
Visa, MasterCard or American Express Accepted
call 619-239-1401 fax 619-923-3284 OR send check or money order to:
Institute of Consumer Financial Education
P.O. Box WWW-34070
San Diego, CA 92163-4070
Printable Order Form
Note: The Institute of Consumer Financial Education does not make names available to third parties
Home ] ICFE News Releases ] ICFE in the News ] Children and Money ] Financial Education ] Resource Center ] Credit Card Tips ][ Credit File Correction ] Mending Spending ] Links and Resources ]  [ Online Store ]

 

Copyright ©  1997 - by Paul S. Richard
and the Institute of Consumer Financial Education, All Rights Reserved.
View our
Privacy Policy Our Terms and Conditions

Institute of Consumer Financial Education
PO Box 34070
San Diego, Ca 92163
Paul S. Richard, Executive Director
Phone 619-239-1401

FAX 619-923-3284

Questions for www.financial-education-icfe.org Click to go to Website Contact Us or 
Website Design Donated by Desgn School Programs