Personal Financial Literacy (PFL)

Important Announcements:

Content Connections

Content Connection Samples are designed to provide examples of cross-content (multi-disciplinary) connections within the Colorado Academic Standards at grades kindergarten through 5.
Posted: January 3, 2013

PFL Partners:

The Colorado Department of Education is a member of the Colorado Jump$tart Coalition. Jumpt$tart is a nonprofit organization with more than 40 organizations and individuals representing business, government and education throughout the state of Colorado. These partners have joined together to improve the personal financial literacy of Colorado youth by:

• Raising awareness of personal financial literacy;
• Enhancing professional development of Colorado educators on financial literacy issues; 
• Coordinating and promoting communication and cooperation among coalition members; and,
• Supporting personal financial education legislation.

Purpose Statement:

This site provides a hub of Personal Financial Literacy information and resources to support the academic achievement of all students in Colorado.

Content support through the Colorado Department of Education will address essential elements of a comprehensive district plan to offer standards based teaching and learning. Our intent is to:

• provide tools and supports,
• deliver clear, timely communication,
• enhance collaboration between and among all stakeholders,
• identify research-based approaches to curriculum development and teaching and learning,
• promote professional development opportunities, and
• align and integrate elements of CDE's Strategic Initiatives where appropriate.

We aim to provide tools for the empowerment of all stakeholders to actively participate in the process of implementing the Colorado Academic and English Language Proficiency Standards and transforming teaching and learning throughout the State of Colorado.

Relevant Legislation

Pursuant to the requirements of House Bill 04-1360 (Colorado Revised Statutes, 22-7-127), the Colorado Department of Education has developed a financial literacy resource bank to provide technical assistance in financial literacy to school districts. In addition to House Bill 04-1360, House Bill 1168, passed in 2008, required the adoption of standards for Financial Literacy.

The Colorado State Legislature has allocated $40,000 to CDE to promote financial literacy and to create and maintain a resource bank of materials pertaining to financial literacy. Financial literacy enables students to manage savings, investment, and checking accounts, to design and maintain a household budget, to manage personal debt, to understand consumer credit and finance, to manage personal credit options, and to understand and select among short-term and long-term investment options.

In December 2009, the Colorado State Board of Education adopted revised content standards that included integration of Personal Financial Literacy standards within both the economics and mathematics content areas.