Greenlight Celebrates Launch of Web-Based Financial Literacy Library

Greenlight, a Fintech company aiming to help parents raise financially savvy kids, this week announced the launch of Greenlight for Classrooms, a free, web-based personal finance library of interactive K-12 lessons and teaching materials mapped to state and national standards. As of Sept. 21, teachers nationwide can access more than 100 financial education resources.

According to the fintech, only 30 states require a personal finance course for students, and teens score an average of 64% on the National Financial Literacy Test, showing a clear gap in financial education that is accessible and effective. In a new national survey, Greenlight found that 97% of teachers agree personal finance education is vital for their students’ futures. Yet, personal finance is ranked as the most under-resourced subject in schools. Three out of four teachers say students rarely or never learn about personal finance in school.

Greenlight said its library brings teachers the educational resources they need to teach students personal finance in a practical, engaging way. It includes hundreds of bite-sized videos, quizzes, activities, discussion topics, and lesson plans — tailored to all grade levels K-12 and mapped to state standards. All lessons also align with the National Standards for 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.

Additional survey results found that teachers are concerned for students’ financial futures and want more effective school financial education.

Key insights include:

  • Teachers believe personal finance is a critical life skill and are concerned students aren’t equipped for their financial futures.
  • Personal finance is ranked in the top three most important subjects for students to learn, alongside English and Math.
  • More than half (58%) say students aren’t prepared to be financially independent adults after graduation.
  • 58% of teachers equally don’t believe students are equipped to navigate age-appropriate financial situations in their daily lives today.
  • There is a significant lack of educational resources for personal finance in schools.
  • Teachers ranked personal finance as the #1 most under-resourced subject in schools.
  • 84% of teachers say schools do not allocate enough time to teach personal finance, and 70% say schools do not have the educational tools or resources needed for students to learn personal finance.
  • 89% of teachers wish schools had more effective educational resources to teach students about personal finance.
  • More than half (56%) of teachers say it’s too difficult to integrate them into the classroom, 36% say materials are too complicated, and 30% say they are too boring.
  • Teachers crave engaging educational resources like interactive lesson plans (85%), educational games (79%), and group product ideas (68%) for more effective learning.
  • 90% of teachers say students would learn personal finance best through interactive games.

“Greenlight’s mission has always been focused on empowering young people to learn about money,” said Jennifer Seitz, Certified Financial Education Instructor and director of education at Greenlight. “Greenlight for Classrooms helps advance our mission even further by supporting teachers with the engaging educational resources they need to teach students personal finance effectively.”

More than 500 teachers have already signed up for Greenlight for Classrooms since the pilot program earlier this year, the company said. Stephanie Pennetti, a personal finance teacher at Rumson-Fair Haven Regional High School in Rumson, NJ, said, “I love using Greenlight for Classrooms in my high school personal finance class. The lessons are turnkey and easy to implement in the classroom. My students find the videos and activities engaging.”

Greenlight for Classrooms builds on the curriculum in Greenlight’s in-app financial literacy game Level Up. This year, kids and teens have completed more than one million personal finance lessons using Level Up with an average score of 88.4% on post-lesson assessment across all subjects, including spending, saving, earning, investing, and managing credit.

“As a Jump$tart National Partner, Greenlight has made great efforts to advance financial literacy for the next generation,” said Laura Levine, president and CEO of the Jump$tart Coalition for Personal Financial Literacy. “The new Greenlight for Classrooms program brings tremendous opportunity to help transform financial education in schools.”

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