The guide has been approved for use in classrooms by the Jumpstart Coalition for Personal Financial Literacy
, a Washington, D.C.-based organization that promotes teaching personal finance to young adults.
BankJr.com was created by the Utah institution in response to a survey by the JumpStart Coalition for Personal Financial Literacy
that found 68.1 percent of high school seniors had failing scores when it comes to financial literacy.
The data for the study were generously made available by Lew Mandell and by the Jumpstart Coalition for Personal Financial Literacy
. Any opinions, conclusions or errors reported in this study are the sole responsibility of the authors.
Organizations such as the JumpStart Coalition for Personal Financial Literacy
(www.jumpstart coalition.org), the National Council on Economic Education (www.nationalcouncil.org) and even the Black Enterprise for Teens newsletter (www.blackenterprise.com) are doing their best to reverse the trend toward financial illiteracy,