UC Cooperative Extension | Agricultural Experiment Station
People develop financial attitudes and behaviors at an early age and today’s youth have significant spending power $211 billion a year in the US (http://www.statisticbrain.com/teenage-consumer-spending-statistics/). While youth are good at spending, various surveys on the financial literacy of teens, consistently report a grade of F or less than 69 percent. This issue is especially salient for limited-income youth and their families. From Tom Torlakson (California State Superintendent) to the US Mint, policy- makers, and organizations have been drawing attention to the need to equip young people to be the competent financial consumers and managers of tomorrow. Multiple groups have recently developed curriculums and programs to meet this need. However, many programs are not research-based, so it is unclear if they lead to financial literacy.
UC ANR's new Strategic Plan