The program is a partnership between the College of Financial Planning, the Extension Service - U.S. Department of Agriculture, and local Extension professionals. As a public service, the college seeks to increase the financial planning literacy of America's teens through a course which is taught by high school teachers and community resource people who are enlisted to volunteer and be trained by the Extension Service.
Financial illiteracy is a growing problem.
Every year, thousands of people file for bankruptcy in the United States. Often this is due to lack of financial planning and over extending their resources. One goal of this program is to reduce the rate of bankruptcies and to give teens a basic understanding of what it takes to manage money. To achieve this goal, the College of Financial Planning in Colorado developed this resource and offered it free of charge to teachers who attend training workshops offered by local Extension professionals. In return for the free materials, teachers agree to conduct the program in their classroom as designed, teaching a minimum of 10 classroom hours on the subject matter, and covering all six of the lessons.