While the State Treasurer’s Office deals with many complex investment and financial arrangements worth billions of dollars, it all starts with a basic understanding of finance. That’s why State Treasurer Curtis Loftis is passionate about improving the financial literacy of our citizens.
Since 2016, the Future Scholar Financial Literacy Program provided financial literacy education to more than 43,000 elementary students all at no cost to the schools or the taxpayers. Focusing on the concept of “needs” versus “wants,” these students increased their knowledge on average by 42% in critical life skill areas such as responsible money choices, credit and debt, and budgeting.
Treasurer Loftis is proud to announce the South Carolina Financial Literacy Master Teacher Program, sponsored by the Future Scholar 529 College Savings Plan.
The South Carolina Financial Literacy Master Teacher Program provides incentives for K-12 teachers who are experts in the area of financial literacy and have a desire to teach professional development workshops to other educators in their school and district. South Carolina Financial Literacy Master Teachers will greatly assist in educating and empowering our youth with financial literacy skills needed to make sound financial decisions.
Financial literacy is an important tool for economic success, and we are grateful for educators who teach these skills. Congratulations to the instructors who have been recognized as Future Scholar Financial Literacy Program Educator of the Month!
No matter a child’s age, you can find opportunities to share a lesson or spark a conversation about personal finance. We’ve compiled a list of recommended books that can help young children understand how basic financial concepts, like budgeting, saving, spending and even problem solving, are part of our everyday lives.