About Us
How FLF Works for Financial Literacy
Financial Literacy for Youth (FLY) Program
FLF’s Financial Literacy for Youth (FLY) program gives D.C. high school students the chance to develop responsible behaviors and money management techniques. Students learn valuable skills including budgeting, saving, completing employment forms, managing credit, filing tax forms, and banking strategically.
The Financial Management course is approved through the District of Columbia Public Schools and is taught by licensed teachers hired by FLF. To graduate from high school in DC, students must have 2.5 Carnegie units of elective courses. Upon successful completion of the Financial Management course, students receive .5 Carnegie units that count toward graduation.
The Financial Literacy for Youth (FLY) Program currently operates in six Washington, D.C. high schools. Students from 9 th – 12 th grade are invited to take the Financial Management elective course and upon passing the course, receive credit that counts toward graduation. The curriculum is a combination of experiential learning activities as well as materials produced by the National Council on Economic Education, the National Endowment for Financial Education, the National Community Reinvestment Coalition, and the FDIC. The course incorporates national standards from Family and Consumer Science Education, National Math, and Jump$tart Coalition for Personal Financial Literacy – Saving and Investing. For a list of the standards click here.
Financial Management Course Summary
Understanding how to manage money is one of the most important and valuable life skills one can have. By teaching how financial systems work, how supply and demand influence price, and the pitfalls of borrowing and spending, students will be more prepared to transition into college and life. The Financial Management course is designed to help students understand how money is earned and used in our society, and how to utilize existing markets and tools to maximize the value of the money they have. Students will focus on personal financial management tools, including budgeting, responsible borrowing, saving, and basic investing. This course will also explore how to finance a college education and learn how to apply for and obtain financial aid.
National Standards
Family and Consumer Science Education
| FACSE 2.1 | Demonstrate management of individual and family resources, including food, clothing, shelter, health care, recreation and transportation. |
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| FACSE 2.3 | Analyze policies that support consumer rights and responsibilities. |
| FACSE 2.6 | Demonstrate management of financial resources to meet the goals of individuals and families across the life span. |
| FACSE 3.3 | Analyze factors in developing a long-term financial management plan. |
| FACSE 6.1 | Analyze the impact of a family as a system on individuals and society. |
| FACSE 7.4 | Evaluate conditions affecting individuals and families with a variety of disadvantaging conditions. |
National Math
| NM.9-12 Data Analysis and Probability | Formulate questions that can be addressed with data, and collect, organize, and display relevant data to answer them. |
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Jump$tart Coalition for Personal Financial Literacy – Saving and Investing
| JSCPFS-INCOME | Analyze how career choice, education, and job skills affect income. |
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| JSCPFS-MM | Apply a decision-making process to personal financial choices. |