In the midst of the current mortgage meltdown, it's no wonder that interest in consumer financial education has become front and center. The 2005 consumer bankruptcy amendments took a similar focus, mandating credit counseling for individual debtors as a precondition to filing for bankruptcy. It's 
encouraging, therefore, to see some innovation in the teaching of financial literacy. Today's LA Times describes an interesting program that relies on improv actors to introduce middle school students to the importance of saving and financial planning,
among other things. With vignettes drawn loosely from the lives of particular students in the audience, actors illustrate the effects of saving and compounding. The program Mad About Money is produced by the Minneapolis-based National Theatre for Children. The California tour is being sponsored by Wachovia. It is currently appearing in Washington state as well. The show has apparently been touring since 2005, with Citibank as an early sponsor.
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1. Posted by M. Hodak on November 4, 2007 @ 13:03 | Permalink
Now, if we can only get a movement for economic literacy among high school grads (no, oil prices are not set by a cabal at Exxon headquarters) there may yet be hope for this country.
2. Posted by Carol Felicetta on November 5, 2007 @ 8:57 | Permalink
I have been speaking to high school and college students for the last two years under the CARE Program (Credit Abuse Resistence Education), founded by Bankruptcy Judge John Ninfo. I receive wonderful feedback and, if I just get through to one student, I feel that I have done my part!!! It is very rewarding.
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