Overview:
Cincinnati Public Schools partners with Fidelity Investments to pilot a financial literacy program in eighth-grade classrooms, aiming to equip students with essential financial skills and knowledge for their futures.
Cincinnati Public Schools (CPS), in collaboration with Fidelity Investments, is adopting a program to enhance financial literacy education for students in Cincinnati’s largest school district. The program delivers financial learning with real-world applications and hands-on tools to equip students with essential financial skills and knowledge, preparing and empowering them for their financial futures.
The Fidelity Financial Forward program, piloted in eighth grade social studies classrooms at the Academy of World Languages and Hughes STEM High School, is integrated into the curriculum to provide students the tools they need to make informed financial decisions and achieve long-term financial well-being. The five-part educator-led program helps students identify goals and costs, provides an introduction to saving and budgeting, spending and borrowing, investing basics and real-world applications.
“Cincinnati Public Schools is committed to preparing students for life. Whether our students choose to enroll in college, enlist in the military or become employed, financial literacy is essential for their futures,” CPS Superintendent and CEO Iranetta Rayborn Wright said. “By collaborating with Fidelity Investments to introduce this innovative pilot program, we are equipping our students with the knowledge and skills to make smart financial decisions.”
The District is also prioritizing support for parents and caregivers through CPS’ Parent Academy. Recognizing the critical importance of financial literacy for the entire family, CPS’ Parent Academy will host a Financial Wellness Session during Financial Literacy Month. The free session will be held Wednesday, April 3, at 6 p.m. at the Mary A. Ronan Education Center (2651 Burnet Avenue).
“One of the ways we invest in our communities is by serving as a resource in what we do best: providing financial education in order to increase opportunities for financial mobility,” says Kevin Canafax, Vice President of Regional Public Affairs at Fidelity Investments. “We’re excited to work with CPS to give students right here in the Greater Cincinnati region the resources they need to strengthen their financial futures.”
CPS looks to expand the financial literacy program to additional schools based on its success and impact. Through this collaborative effort, CPS and Fidelity Investments aim to empower students with the knowledge, skills, and confidence to achieve financial independence and success in an ever-changing world.