FOR IMMEDIATE RELEASE: May 1, 2017
Media Contact: Shelli King
State Treasurer David Lillard and Senator Jim Tracy Celebrate Financial Literacy with Thomas Magnet School
SHELBYVILLE - Tennessee State Treasurer David H. Lillard, Jr. and Senator Jim Tracy, R-Shelbyville visited Thomas Magnet School last week to celebrate students taking the first step toward a successful financial future. Treasurer Lillard serves as Chair of the Tennessee Financial Literacy Commission, which provides financial literacy education materials and training statewide at no cost to Tennessee K-8 schools. Treasurer Lillard and Senator Tracy joined Ms. Grijalva’s class to hear what the students have learned from the Vault – Understanding Money, an interactive online platform for financial literacy.
“Data shows that financial education delivered early in a young person’s development leads to positive financial behaviors later in life,” Treasurer Lillard said. “By providing students with the knowledge and skills they need to make smart financial decisions, we are investing in the future economic well-being of Tennesseans and their communities across the state.”
Treasurer Lillard and Senator Tracy led the students in a game of “needs vs. wants”, where students identified whether items like kitchen stoves, movie theater popcorn, and trendy tennis shoes were considered a “need” or “want”.
“I am thrilled to see the children in my district having fun while being taught these valuable, real-world skills,” Senator Tracy said. “The Tennessee Financial Literacy Commission is doing great work making these resources available at no cost to schools. I hope more schools in my district will work with the Commission to get these resources in the hands of their students.”
Treasurer Lillard and the Tennessee Financial Literacy Commission have partnered with EverFi, a leading education technology company, to bring the Vault – Understanding Money program to K-8 schools across the state. Over 10,200 students have engaged with the platform, and it uniquely tracks the progress and performance of every student. The Commission also trains teachers in Financial Fitness for Life®, a nationally-recognized paper-based curriculum designed to easily integrate into existing elementary and middle school curriculum.
About the Tennessee Financial Literacy Commission:
The Tennessee Financial Literacy Commission was created to equip Tennesseans to make sound financial decisions when it comes to planning, saving, and investing. The Commission has the goal to reach every K-8 classroom in Tennessee, providing financial literacy resources like Vault and the nationally recognized Financial Fitness for Life curriculum. The TNFLC provides both of these resources, including training, free to Tennessee K-8 schools.
The TNFLC is a tax exempt 501(c)(3) non-profit organization that relies mostly on donations from individuals and businesses for its funding.
EverFi, Inc. is the leading education technology company focused on teaching, assessing, and certifying K-12 and college students in the critical skills they need for life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Some of America’s leading CEOs and venture capital firms are EverFi investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, and Google Chairman Eric Schmidt. Learn more at everfi.com.