Personal Financial Literacy Resources in Wisconsin


DFI, DPI announce $250,000 program for K-12 financial literacy grants

The Wisconsin Department of Financial Institutions (DFI), along with the Governor’s Council on Financial Literacy has created a fund for the purpose of promoting innovation in the teaching of personal financial literacy (PFL) in the classroom.  Funds will be awarded through a competitive grant program to schools, partnering with communities, to support the implementation of the Model Academic Standards in order to improve financial literacy among youth.  Funds are an opportunity to help teachers bring new and creative programs and events into the classrooms or implement the adoption of a PFL graduation requirement in Wisconsin schools as a means to enhance the teaching and learning of financial literacy.

The Governor's Council has announced the grant recipients for the 2014 Financial Literacy grants.


Personal Financial Literacy Survey Results

The Governor’s Council on Financial Literacy has released the following documents that are associated with the Wisconsin Departments of Financial Institutions and Public Instruction Financial Literacy Survey.  For more information on the Governor’s Council on Financial Literacy, please visit




Wisconsin's Model Academic Standards for

Personal Financial Literacy


The knowledge and skills set forth in the personal financial literacy standards cross all grade levels and disciplines. A comprehensive, developmentally appropriate pre-kindergarten through grade 12 program can promote peronal financial literacy throughout numerous curricular areas. Educators from all grade levels can use the financial literacy standards to align instruction and create curriculum and activities designed to instill within students a desire to be financially literate. The stardards are intended to help schools develop programs that provide the knowledge and skills to establish sound financial habits.

Locate the standards electronically here.

Or purchase the complete document through DPI Publications.




Planning Curriculum in

Personal Financial Literacy


Developed to be used with the Wisconsin Model Academic Standards for Personal Financial Literacy, the Planning Curriculum in Personal Financial Literacy can help guide districts and educators in the planning of a program and lessons to promote financial literacy PK-12.

Introduction: Defining Financial Literacy
Chapter 1: Building an Effective Financial Literacy Program
Chapter 2: Planning Instruction in Financial Lieteracy--Units, Resources, and Activities
Chapter 3: Creating Assessments in Financial Literacy
Chapter 4: Designing Professional Development to Promote Understanding
Appendix A: Wisconsin's Model Academic Standards for Personal Financial Literacy
Appendix B: Sample Activities That Connect to Wisconsin's Model Academic Standards
Appendix C: A Checklist of Ideas and Suggestions for Parents, Students, Teachers, and Community
Appendix D: Ideas for Moving Forward with Financial Literacy Education
Appendix E: Sample Activities for Each of the Content Standards
Appendix F: Sample Common Rubric/Portfolio Rubric
Appendix G: Individual Student Growth
Appendix H: Resources
Appendix H Updated 2012: Resources

Or purchase the complete document through DPI Publications.




Financial Literacy: TEACH IT!

As a companion to the standards and curriculum guide, the Department of Public Instruction, in conjunction the Educational Communications Board (ECB), presents Financial Literacy: TEACH IT! This web link provides educators with resources and professional development to effectively teach financial literacy. The web site features twenty-one lessons taped in Wisconsin’s elementary, middle and high school classrooms. Wisconsin’s Model Academic Standards for Personal Financial Literacy serve as the foundation for this multi-media resource. Financial Literacy: TEACH IT! débuted during Money Smart Week, beginning Sunday, October 11, 2009.


Further Resources

See how Wisconsin ranks in financial literacy and what experts say the fed and state governments should do:

Wisconsin Based Resources and Assistance

2010 Financial Literacy Report: an interim view of Wisconsin's Financial Literacy legacy and future. [.pdf 1.5M, 36 pages]

"Families Stand Together" will be followed by "Your Life, Your Money" produced by Jump$tart national partner, WNED Buffalo/Toronto, and hosted by Donald Faison, star of "Scrubs." Your Life, Your Money is aimed at young adults who want to get their financial lives on track. It features a number of financial experts, including our friends Michelle Singletary (of Wisconsin) and Beth Kobliner.

The University of Florida Enactus [formerly known as The Students In Free Enterprise (SIFE)] continues their annual Financial Literacy Challenge for high school students.
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This Financial Literacy Challenge is a multiple choice, multiple round, online quiz competition about basic financial literacy topics. Students are directed to and are asked to study the material on the website. The students are then tested through a timed quiz on what they learned. The participant that learns the most and scores the highest after two rounds of quizzes earns a scholarship toward a college/community college education. There are no lengthy essay, GPA or recommendation letter requirements. Students only need to concentrate on learning the information about financial literacy and taking a 5-7 minute quiz based on what they learned.

The University of Florida Enactus partnered with the Common Knowledge Scholarship Foundation to deliver these online quizzes. Last year, this program reached over 4,000 students across the country, and this year will award $500 to the first, second, and third place winners.

More than ever, financial literacy is an important topic. Please help spread the word about this educational program and the scholarship opportunity that goes with it.

Study: “Are Teachers Making the Grade in Personal Finance Education?"


Personal Finance Survey

A survey of the businessed list serv was conducted to gather information about school districts offering personal finance courses. Responses were summarized into report format including: school district, name of course, department responsible for course, duration of course, grades offered, and requirement for graduation.

Click here for helpful resources that show that teaching financial literacy is effective.
School Districts in Wisconsin with Credit Unions [.pdf, 44K]


Joint DPI/DFI Editorial

State Superintendent Tony Evers and Department of Financial Institutions Secretary Peter Bildsten issued an editorial on the importance of teaching personal financial literacy in school. “Students who are financially literate when they graduate from high school will be better equipped to handle the economic decisions they will face as adults,” they said. Additional information is available in the editorial on the Department of Public Instruction newsroom website

Click here: for information on Reality Stores and links to Calendar of Events around the state.


For further information about Personal Financial Litearcy in Wisconsin, contact:

Dave Thomas
Business & Information Technology
Education Consultant

Kristen McDaniel
Social Studies Education Consultant

Diane Ryberg
Family & Consumer Sciences Education Consultant


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