Ohio Treasurer Josh Mandel’s Office Visits Williamsburg High School in Clermont County for Financial Literacy Presentation
Press Release - Ohio Treasurer's Office
COLUMBUS – The Ohio State University Extension – Clermont County hosted a Real Money. Real World. financial literacy presentation on Monday in partnership with the Ohio Treasurer’s office at Williamsburg High School. This program is part of Treasurer Josh Mandel’s Financial EDge financial literacy initiative and continuing efforts to raise awareness on the importance of financial wellness by providing tools and resources to help Ohioans make smart money choices.
Real Money. Real World. is an interactive budget simulation that aims to prepare students for their financial futures by assigning spouses/children, occupations and a monthly salary which students must manage to provide for their families. Students are then dealt various financial obligations similar to those they will face as adults, requiring tough decisions and encouraging thoughtful discussion on how best to prioritize financial responsibilities.
This financial literacy simulation was hosted by The Ohio State University Extension – Clermont County, and facilitated in partnership with the Ohio Treasurer’s office, Williamsburg High School and local volunteers. In addition to the Real Money. Real World. simulation, the Ohio Treasurer’s office recognized these community leaders for their commitment to the advancement of financial literacy.
“We are proud to partner with parents, educators and community leaders to bring financial literacy education to our schools,” said Treasurer Mandel. “Learning basic budgeting and financial skills is crucial in preparing Ohio students for the next chapter of their lives.”
Recent legislation requires financial literacy to be taught in schools throughout Ohio. Senate Bill 311, which passed the Ohio General Assembly and was signed into law in 2007, requires Ohio schools to integrate the study of economics and financial literacy into one or more existing social studies credits so that every high school student receives financial instruction. These new requirements became effective with the graduating class of 2014.
The Ohio Treasurer’s Financial EDge financial literacy initiative leverages technology and public-private partnerships to assist teachers in meeting these financial education requirements and provides free financial education tools to parents, educators and students.
This effort is part of the Ohio Treasurer’s office ongoing commitment to providing financial literacy resources to all Ohioans. For more information on these resources please visit www.OhioTreasurer.gov/Financial_Education.