New Jersey's 8th Legislative District

Senator Dawn Marie Addiego

Senator Dawn Addiego

Addiego/Rice Bill Bringing Financial Literacy Instruction to Middle Schools Signed into Law

Please Share:

Bookmark and Share

Legislation sponsored by Senator Dawn Addiego and Senator Ronald Rice, which would bolster the financial literacy of New Jersey’s students, was signed into law by Acting Governor Sheila Oliver on Thursday, Jan. 3, 2019.

Bipartisan legislation sponsored by Sens. Dawn Addiego and Ronald Rice to bolster the financial literacy of NJ’s students was signed into law on Jan. 3, 2019. (Flickr)

“I am delighted the financial literacy bill was signed into law so students can receive education on key topics that they will need for the rest of their lives. We must reach people early on in life so they can plan ahead and build a foundation of financial knowledge that will help them live an independent lifestyle,” said Senator Addiego (R-Atlantic/Burlington/Camden).

S-1592 would direct the State Board of Education to require school districts to provide financial literacy instruction to students enrolled in sixth through eighth grade. The purpose of the instruction would be to provide middle school students with the basic financial literacy necessary for sound financial decision-making.

“We have an American generation growing up with less economic mobility and more economic inequality than their parents. Couple that with a global financial system and the need for financial literacy has never been more important,” said Senator Rice (D-Essex). “It’s our duty to teach our children to navigate the complexities of the financial system and in doing so, give them the best possible chance to at attain economic success.”

Under the law, the instruction would have to meet the requirements set by the state board, and must reflect the age and comprehension of the students enrolled in each grade level. It will include content on budgeting, savings, credit, debt, insurance, investment and other issues associated with personal financial responsibility.

Similar Posts on SenateNJ.com

Leave a Comment:

Comment Rules: Please remain civil, stay on topic, and refrain from using foul or abusive language. Posts that violate those rules may be hidden or deleted, and repeated violators may be blocked.

District 8 Guide

Dawn Marie Addiego

Dawn's Bio & Public Service

Constituent Services

Dawn Can Help You!

Contact Dawn

Dawn Wants to Hear from You!

District 8

About the Legislative District

Email Updates

Sign Up for Dawn's Newsletter

Facebook

Follow Dawn's Page

Internships

Students - Get Involved

Legislative Activity

Committees, Bills & Votes

Twitter

Tweet @8thdistrictleg

Dawn's Recent Posts

- Proudly Serving Parts of Atlantic, Burlington and Camden Counties -