financial literacy

Pictures of Money / Flickr Creative Commons

The second annual Financial Freedom Expo gets underway at the Urban Prep Academy in Wichita this weekend. Nearly 300 attended last year to learn smart ways of managing money.

The expo is designed as a free day dedicated to improving the financial literacy of everyone from youth to retirees. Twenty-one workshops will be offered, as well as a vendor's fair, a kids' zone and prizes.

April is officially Financial Literacy Month in Kansas. Gov. Sam Brownback signed the proclamation on Monday as part of a national campaign to help people manage money, investments and debt.

According to the Federal Reserve, total consumer debt in the United States is nearly $3.4 trillion, and about 26 percent of that is in the form of credit cards.

401(K) 2012, flickr Creative Commons

A Wichita-based state education leader has launched a new effort to get school districts to ramp up their financial literacy curriculum. KMUW’s Deborah Shaar reports. 

GOP state board of education member Jim McNiece of Wichita joined forces with the chairman of the Kansas House Education Committee to urge school districts to teach financial literacy.

McNiece and Republican State Representative Ron Highland signed a joint letter on why financial literacy is an essential part of a sound education.

It’s going out to local school board presidents and superintendents.

Legislation moving through the state House would require public school students to receive instruction on personal financial literacy and how to give a professional handshake.

The material would be taught in math classes or other courses like family and consumer science or economics

Topics to be covered include: saving, investing, credit, debt and the importance of setting a budget.

The bill also requires the State Board of Education to give lawmakers a report on student scores on financial literacy tests before the start of the 2015 legislative session.

401(K) 2013 / Flickr / Creative Commons

Since the end of World War II, the cornerstone of the U.S. economy has been consumer spending.