FINANCIAL LITERACY
Our education system should be setting our kids up for a successful future, unfortunately in many of the markets we serve, the public schools systems are failing our children. In fact, both Alaska and California received an F in last year’s National Report Card on State Efforts to Improve Financial Literacy in High Schools.
Despite how important these skills are to our youth’s future, less than half of America’s states require personal finance classes. And yet, as soon as our students complete their education, they are expected to go out into the world with very little knowledge about the responsible use of credit cards, student loans, mortgages, and other types of consumer debt, not to mention how to develop a long-term financial plan to develop and achieve personal financial success.
Our Commitment to Helping the Next Generation Build Their Lives
With its inherent and passionate commitment to financial literacy, Nuvision Credit Union recognized this financial education void and set out to conquer it!
Nuvision Essay Challenge
This one-of-a-kind program provides students accessible money management information taught by financial advisors and scholarships based on what they've learned.
Money Management Master Classes
With the help of top financial industry experts, Nuvision put together online master classes to help high school and college students learn how to financially succeed in life
Financial Webinars
With the help of top financial industry experts, Nuvision regularly puts on financial webinars and online events designed to teach and engage high school and college students on the importance of financial literacy and money management.
Why Financial Literacy is So Important
- About 4 in 7 Americans are financially illiterate and report being unable to manage their finances.
- 78% of adults live paycheck to paycheck: We want to break this cycle and set the next generation up for success.
- Only 34 percent of Americans can answer at least four of five basic financial literacy questions.
- Only 6 states require a high school personal finance course.
Partnerships: From Celebrity Chefs to NFL Superstars
We know reaching students can be hard, and we don’t want to lose the opportunity to make a deep impression on kids when they need it the most, so we make it a point to partner with people who can talk to our youth in a way that resonates with where they are in life.
MORE RESOURCES
- The Importance of Financial Literacy: Why You Can't Afford to Ignore It, and What Nuvision is Doing to Help
- Making time for financial literacy: How to talk to your kids about money
- 5 Things you can do to help ensure your child’s financial future
- The Recipe for Success: Top 7 Tips from Chef Jeff Henderson
- 2023 ECONOMIC FORECAST SERIES - We know you have questions and concerns, and we want to help provide the answers!
- Most working adults aren’t ready for a financial emergency. Are you?
- Major life events that require a new financial plan
- Eight crucial budgeting habits for financial independence
QUARTERLY ECONOMIC UPDATES
September 2023 Economic Forecast: Webinar
Recession? Inflation? What's happening in the housing market? These questions are on the minds of our members more than ever, and we've heard your concerns loud and clear. The complexities of our current economic environment have people asking how they can protect their financial future.
That's why we've put together an exclusive online event to give you the answers and guidance you need to make smart, informed financial decisions.
FINANCIAL LITERACY CONTEST GIVEAWAY
Our Nuvision team is committed to helping the next generation build their lives by promoting financial literacy to the community youth. To kick off the back-to-school season, we’d like to open the conversation about Financial Literacy with a giveaway contest on social media.
Watch the Importance of Financial Literacy video above for clues to the contest question and share your answer before September 29th, 2023 for a chance to win a $25 Amazon Gift Card!
Check out our Instagram and Facebook Nuvision and Facebook Nuvision Alaska to enter into the giveaway. Click here, for more info on rules and details.
