Extension programs provide financial education to youth

By Debbie Dalhouse


From 1990 to 1999, bankruptcies increased 51% among people under age 25, according to the National Endowment for Financial Education®. The good news is that as little as 10 hours of personal financial education can positively affect students’ spending and saving habits, greatly improving their money management skills for a lifetime.

“Clemson Extension offers financial education programs for youth in all 46 counties of the state,” said Nancy Porter, Clemson Extension family resource management specialist. Porter was named Financial Literacy Educator of the Year for 2004-2005 by the South Carolina Credit Union League for her work with high school students. Porter also has been recognized nationally for her leadership in a program for adults called “Financial Security in Later Life.”

The High School Financial Planning Program® helps meet a state mandate that all public high school students must receive instruction in personal finance, financial planning, career choices, budgeting, savings and investments, credit and insurance. Since January 2000, this program has reached 72,745 South Carolina students.

Other financial education programs for youth include the Jump$tart Coalition speakers bureau, Mini-Society® entrepreneurial concepts for elementary school students, and Money My Way training for middle schoolers to turn a hobby into a business venture.




For information: Nancy Porter, 864-656-5718, nporter@clemson.edu