Greenlight Financial Technology, Inc., the fintech company on a mission to help parents raise financially-smart, independent kids, announced Greenlight for Classrooms, a new web-based financial literacy library “designed for teachers, aligned with the K-12 national standards.”
Starting in 2023, the product will be “available for free for schools, teachers, and students nationwide.”
Despite the growing conversation, personal finance education “still isn’t a requirement for students to graduate in all 50 states. 27 states don’t require a personal finance course, even though teens score an average of 64% on the National Financial Literacy Test.”
At the same time, 93% of teens “know they need financial knowledge and skills to achieve their life goals, and 97% of parents agree.”
Greenlight for Classrooms is “an interactive, web-based financial literacy library for teachers with lessons tailored to all grade levels from elementary school to high school.”
Each lesson is “aligned with the K-12 national standards on personal financial education developed by the Jump$tart Coalition and Council for Economic Education, covering critical financial topics like earning, spending, saving, investing, managing credit, and more.”
Jennifer Seitz, Certified Financial Education Instructor and Director of Education at Greenlight, said:
“At Greenlight, we’re focused on helping parents raise financially-smart kids with educational resources that families can trust. With Greenlight for Classrooms, we will now also help educators empower their students to gain the financial knowledge and skills they need for their futures.”
Greenlight for Classrooms “contains more than 100 animated videos and an assessment bank with thousands of vocabulary words and test questions, including multiple-choice, true or false, and scenario-based options for applied learning.”
Additional extensions “include quizzes, individual project ideas, and discussion activities, along with a teacher’s guide.”
Misha Thompson, teacher at Mount Zion Elementary School, remarked:
“Greenlight’s financial literacy content is engaging and easy to understand for students. Teachers can easily incorporate it into their economics lessons without worrying about how well they cover the standards. I feel very confident assigning the lessons for independent exploration and then following up with the accompanying guided questions. This product gets an A+!”
Greenlight was recently “named a National Partner of the Jump$tart Coalition for Personal Financial Literacy, which brings together more than 100 like-minded organizations that share a commitment to advancing youth financial literacy.”
Greenlight has also partnered “with education-focused brands like Kahoot! to create a collection of free personal finance quizzes and Million Bazillion, a financial literacy podcast for kids and families presented by Greenlight and American Public Media.”
Laura Levine, President and CEO of the Jump$tart Coalition, noted”
“Greenlight is a true leader in financial education that has had a tremendous impact on improving financial literacy among families. We’re pleased to recognize the company as a Jump$tart National Partner.”
As covered, Greenlight Financial Technology is “the family fintech company on a mission to help parents raise financially-smart, independent kids.”
Its product, Greenlight, is a banking app, “complete with a debit card for kids and teens, cash back credit card for parents and safety features for the whole family.”