Dear Fellow Mississippians,
When I first took office in January 2012, I made changing
the financial culture of our State through improved financial education one of
my top priorities. In study after study,
Mississippi comes in at the bottom when it comes to our financial habits, but
at the top in our poverty levels.
Empowering Mississippians with financial literacy can help change that.
As we have learned these past five years through my
financial education initiative, TEAM or Treasurer’s Education About Money,
students have the ability and interest in learning how to take control of their
financial destiny. The benchmark
assessments we have used as part of TEAM demonstrate that students in this
program are improving their personal finance understanding by an average 92%.
In its first four years, TEAM brought free financial
education resources to over 350 schools across Mississippi – in all but eight
counties. We helped 95,000 students
engage in 400,000 learning hours and we trained 1,400 teachers in personal
finance teaching methods.
All of this was at no cost to our schools, teachers,
students, or families. It was financed
through a public-private partnership with financial institutions and community
organizations, and powered through great partners like the Mississippi Council
on Economic Education and EverFi.
I am pleased to announce that in the 2019-20 School Year,
Mississippi will become the 18th state in the country to require
financial education for high school students.
It was piloted in schools around Mississippi in the 2018-19 School Year
and is ready now to be a part of every student’s high school curriculum.
This is a game-changer for Mississippi and I am very excited
at how we are changing Mississippi’s financial future one student, one family,
one community at a time.