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McGraw Hill offers first-of-kind fin-lit series
EAST WINDSOR, N.J. (7/22/11)--To promote financial literacy and help New Jersey school teachers and families deliver relevant financial planning information to young people, McGraw-Hill FCU has developed its 2011 Financial Literacy Series. The monthly seminars, free to teachers and families, provide up-to-date information about financial literacy subjects and allow teachers to receive continuing education credits. The series, launched in April, began as a way to help schools meet new state graduate requirements, which call for a financial literacy component in the curriculum of all high schools. Typically, the teaching responsibility for financial literacy material falls to social studies, family/consumer science and business education teachers who may have little or no training in providing financial instruction. The East Windsor, N.J.-based credit union developed the series with the New Jersey Department of Education, the New Jersey Coalition for Financial Education, and the McGraw-Hill Schools Education Group. Topics include how to manage your credit score, how to plan and pay for college tuition, financial planning and investing, credit and debt management, money management, personal budgets and how to become an informed consumer. Information for the seminars is based on The McGraw-Hill School Education Group's financial literacy materials and real-life examples from credit union professionals. The goal is to make sure everyone leaves with a better understanding of how to navigate the path to financial independence, said Shawn Gilfedder, McGraw-Hill FCU president/CEO. "It is our hope that this series will contribute to the education of many individuals as the teachers and parents share what they have learned with the young people in their lives, as well as with their own friends and family," Gilfedder said. "The more people we can get to understand how important it is to establish financial literacy at a young age, the more we will be able to improve the financial health of our region as a whole."


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