Financial literacy for high $chool$ students
Intuit and Suh Family Foundation, Founded by Ndamukong and Katya Suh, Launches National Financial Literacy Program for High School Students
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Intuit and Suh Family Foundation, Founded by Ndamukong and Katya Suh, Launches National Financial Literacy Program for High School Students
Would it surprise you to know that high school students, like most Americans in general, display an astonishingly low level of financial literacy. 75% of students graduate not ready to take on basic financial tasks like managing a budget, building credit, and saving for their future.
Financial mistakes during early adulthood can have meaningful consequences after graduation. Lack of financial literacy is associated with lower confidence, higher debt, and lower savings, on average.
Across the classroom, there is a growing need for financial education and this is where the Intuit and Suh Family Foundation come in.
Intuit and the Suh Family Foundation partner to provide financial literacy education to high school students in some of the nation’s largest school districts in Dallas, Los Angeles, and Oakland. This ensures that teachers, staff, and partner local nonprofit organizations will continue to benefit from financial education in the years ahead.
The program follows a successful pilot program serving students in Portland Public Schools through a partnership with Self Enhancement, Inc. , where Intuit and the Suh Family Foundation provided workshops and training for staff to deliver personal finance education to students. By expanding the program, Intuit is providing educators with a financial literacy curriculum and skill-building resources, providing students across the country with a stronger financial foundation.
Across the classroom, there is a growing need to teach personal finance skills. Greater financial literacy tends to translate to a higher level of financial well-being – yet 28% of adults say they have never participated in a financial education program.1 Those with a stronger understanding of personal finance topics are more likely to spend less than their income, have emergency funds set aside, and take steps to plan for their long-term financial future.2
Intuit combines its expertise in core personal finance topics, including tax, savings, and budgeting with expertise from the Suh Family Foundation in wealth building, credit management, and investment.
Intuit believes that every student should have the opportunity to thrive, regardless of zip code. Our partnership with the Suh Family Foundation helps us expand our personal finance programs across Prosperity Hub school districts in Intuit,” said David Zasada, Vice President of Corporate Responsibility for Intuit. “We aim to instill confidence in educators tasked with teaching core finance topics and help build Confidence for students as they transition this financial education into the real world after graduation.”
Intuit and the Suh Family Foundation provide hands-on workshops, resources, and ongoing support for choosing schools within Intuit’s Prosperity Hub School District program, including the Los Angeles Unified School District (LAUSD), the Inglewood Unified School District, and the Compton Unified School District in the Los Angeles area. Angeles, Oakland Unified School District (OUSD) in the San Francisco Bay Area, and the Dallas Independent School District (DISD) in Dallas, Texas.
For educators who live outside of the school districts where live workshops will be available, Intuit has made the financial literacy curriculum available to the public at no cost at: www.intuit.com/financialbasics
About Intuit
gut instinct is the global financial technology platform that powers prosperity for the people and communities we serve. With over 100 million customers worldwide using it TurboTaxAnd Karma creditAnd QuickBooksAnd mailchimpWe believe that everyone should have the opportunity to thrive. We never stop working to find new and innovative ways to make this possible. Please visit us for the latest information About IntuitOur products and services and find us on social.
About the Suh Family Foundation
Founded by Ndamukong and Katya Suh, the Suh Family Foundation works alongside communities to provide resources across three pillars that have been central to Suh’s success: education, health and wellness, and empowerment. The Foundation is a non-profit, family run and operated organization. For more information about the Foundation and opportunities to participate, please visit https://www.ndamukongsuh.com/philanthropy.
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