April 18, 2018
State Treasurer David H. Lillard, Jr. and the Tennessee Financial Literacy Commission joined Hillsboro Elementary/Middle School in Leiper’s Fork on Monday to celebrate Financial Literacy Month.
Math teacher Cody Hawk’s 5th grade students at Hillsboro have recently launched Vault – Understanding Money, a web-based financial education platform made available to all Tennessee K-8 schools by the the Financial Literacy Commission. More than 19,000 students across the state have been engaged through the Vault program thus far.
“Our goal is to reach every K-8 classroom across the state,” said Lillard, who also serves as board chairman for the Tennessee Financial Literacy Commission. “We believe that Tennessee should lead the nation in financial literacy education.”
Lillard met with Hawk’s 5th grade class while they completed interactive modules through the Vault program and spoke with the students about the importance of learning about money. He then led them in a game of “needs vs. wants,” where students identified whether items like a kitchen stove, movie theater popcorn, and trendy tennis shoes were considered a “need” or “want.”
During the event, EverFi, an online education company that created Vault, also presented Treasurer Lillard with their 2018 Financial Capability Innovation Award, celebrating his impact on financial literacy in Tennessee.
The Commission recently extended its financial empowerment tools to adults with the launch of the Financial Empowerment Resource Library. This web-based education tool covers financial topics such as Budgeting, Building Emergency Savings, Credit Scores and Reports, Home Ownership, Checking Accounts, and Retirement. Each short, interactive module takes 2-7 minutes to complete and provides tips on how to develop smart financial habits in everyday life.
The Tennessee Financial Literacy Commission is a tax exempt 501(c)(3) non-profit organization that relies on donations from individuals and businesses for a majority of its funding.
Financial resources for children and adults are available at TNFLC.org.