Why It’s Important to Teach Your Students Financial Literacy—and Three Ways to Do It

Teaching financial literacy in the classroom is one promising way to improve financial capacity for today’s young people. Today’s young people face an overwhelming number of complex financial decisions. However, many are unprepared to make informed financial choices as they move into adulthood. In fact, three out of four young adults cannot answer basic financial questions.

EVERFI Becomes the Official Digital Financial Education Provider for Puerto Rico

Bayamón, Puerto Rico — (January 30, 2018) EVERFI, Inc., Today, the Puerto Rico Department of Education announced leading education technology innovator EVERFI, Inc. as its official provider of digital financial education for public elementary and high schools as part of the Integral Program for Financial Education in schools initiative, which aims to develop healthy personal finance skills and habits in students. The announcement took place during a meeting held this morning at a school in Bayamon, Puerto Rico and included remarks from Senator Carmelo Ríos Santiago, Secretary of Education Dr. Julia Beatrice Keleher and financial planner Dr. Kurt Schindler.

Technology is the New Branch

While traditional methods of reaching underbanked populations, such as opening branches in underbanked communities, have had some success in the past, these communities can be notoriously hard to reach.