FINANCIAL LITERACY
Financial Literacy Financial Literacy is at the foundation of Financial Security for All.
24%
of Chapters reported they are likely to see proposals for a standalone financial literacy course to be added to high school graduation requirements.
17
states are beginning the implementation process.
8
states have completed the implementation process.
In 2023, West Virginia, Idaho, Indiana, Alabama, Montana, Minnesota, Louisiana, Oregon, Connecticut, and Wisconsin passed measures to require public high school students to take a one-credit course in financial literacy before they graduate. To date, 25 states have passed similar measures. NAIFA members continue urging lawmakers to join the Congressional Financial Literacy and Wealth Creation Caucus co-chaired by Reps. Young Kim (R-CA) and Joyce Beatty (D-OH). The Financial Literacy and Wealth Creation Caucus aims to equip Americans with the skills and resources they need for economic stability, wealth-building, and prosperity.
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