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Alabama Jump$tart Coalition - August 2014

Alabama Jump$tart Event

Alabama Educators gained financial skills during the 2013, "Days of
Financial Literacy" workshops and luncheon with guest speaker, Laura
Levine, president & CEO of the national Jump$tart Coalition, (center).

WHAT WE DO:
The Alabama Jump$tart Coalition is a non-profit organization that was established in December 2002, to increase financial education for those in kindergarten through college. Its vision is for all Alabama young people to be financially literate and equipped to achieve lifetime financial goals upon graduation from high school. Alabama Jump$tart is a proud affiliate of the national Jump$tart Coalition® for Personal Financial Literacy, which is based in Washington, D.C. and was first convened in 1995.

Mission Statement:
The Alabama Jump$tart Coalition seeks to increase financial literacy for all K-16 students in Alabama by collaborating with other organizations in Alabama and the United States to promote financial literacy.

  • Raising awareness of the need for personal financial literacy skills and knowledge.
  • Enhancing professional development in financial education for educators and students.
  • Hosting programs and supporting organizations that provide financial education programs for Alabama youth.

 WHAT WE OFFER:
“Days of Financial Literacy” Lunch and Learn
This Alabama Jump$tart Coalition’s signature luncheon event celebrates ten years of partnership with Alabama teachers during the Alabama Association of Career & Technical Education Summer Teachers Conference, in July.

The partnership with the Alabama Association of Career & Technical Education provides financial partners the opportunity to provide free or low cost financial education resource materials for the classroom, a fun learning environment for teachers during workshops, and a networking opportunity for 200 – 400 teachers with the business community during the “Days of Financial Literacy” luncheon that has included well known financial national speakers, including the National Jump$tart’s President and CEO, Mrs. Laura Levine.

This year’s program included a speaker forum with presentations from the Federal Deposit Insurance Corporation (FDIC), Alabama Cooperative Extension System, Alabama Securities Commission, Alabama Society of CPAs, Federal Reserve Bank of Atlanta, Junior Achievement, and the Internal Revenue Service. Financial education workshops and the speaker forum were held in Birmingham, Alabama at the Birmingham Jefferson Convention Center.
 
“Dinner and Learn” with the Investors Protection Trust and the Alabama Securities Commission
The Alabama Jump$tart Coalition has partnered with the Alabama Securities Commission, through a grant from the Investors Protection Trust, to host “Dinner & Learn” workshops in rural and underserved areas of Alabama.

These free workshops provide educators the opportunity to gain saving and investing knowledge from the experts who regulate the securities industry, to acquire basic knowledge of budgeting and credit, and to receive free classroom resources from national Jump$tart partners. The list of partners includes: the National Endowment for Financial Edcuation, Alabama Cooperative Extension System, Alabama Securities Commission, FDIC, MyMoney.Gov, IRS, VISA Inc., and many other great organizations that provide resources at no cost, or low cost, to Alabama Educators. These events are being held in cities across Alabama.

WHAT WE NEED:
Needed, are organizations and concerned individuals to become involved with the Alabama Jump$tart Coalition. If you or your organization are actively engaged in promoting personal financial literacy with youth, you are invited to become a partner.

Membership benefits include:

  • Networking opportunities at Partner meetings and Coalition events
  • Insight into problems and solutions in financial literacy
  • Opportunity to help Alabama youth have a healthy financial future
  • Link or listing on the Alabama Jump$tart Coalition’s website

WHAT’S NEW:
The FDIC released a computer-based instruction for the Internet covering Money Smart for Young Adults. This program is available in English and Spanish, and includes scored activities in each of the eight modules. 

The FDIC has also developed a Money Smart for Elementary School Students.

The Assessing Financial Capability Outcomes project, consisting of field studies with 4th and 5th grade students, was conducted in two school districts during the 2011-2012 and 2012-2013 academic years. One of the key findings of this study reflects that financial education produced a modest increase in all students’ perceptions of how easy it is to save money and an even larger increase in how much students believe banks offer services that are useful to them. While the effect of the education was stronger, there was also evidence that having access to a bank or credit union branch had an impact on students’ attitudes.

A visit to the Clearinghouse:
The National Jump$tart Coalition has developed an extensive list of classroom and materials available at little or no cost on the Clearinghouse website. This resources portal was developed to provide educators, parents, and the community with relevant classroom materials to engage youth of any age. All materials include student learning objectives, assessment tools, lesson plans, and activities that stimulate student participation. For information regarding materials specific to Alabama, please contact Buffy Murphy at Turn on JavaScript!.
 
CONTACT INFORMATION:
Buffy Murphy, President
Alabama Jump$tart Coalition
Turn on JavaScript!
(205) 437-2712