Senate Joint Resolution 31, which Senator Roessler co-sponsored, encourages school administrators and teachers, parents, and business leaders to explore ways to offer financial literacy programs, review existing financial literacy programs and materials that are available in both the private and public sectors, and work to have courses taught to junior and senior high school students.
Financial management is key to self sufficiency.
According to the findings of a recent national financial literacy survey conducted last year, students today know even less than their counterparts did three years ago regarding such topics as paying taxes, using credit cards or saving for retirement. 1999 test of knowledge on basic economic principles. The resolution is not a mandate on local schools, but rather an attempt to encourage the Department of Public Instruction and the Department of Financial Institutions to collaborate and participate with public and private organizations to promote and foster the teaching of money management skills and other financial education programs to Wisconsin s youth.