NADA Financial Literacy


Our Mission. Our Story.

Through the efforts of the NADA Women Directors and NADA staff, the NADA Financial Literacy program is creating awareness with dealers and their employees about the great need to expose students to best practices in financial education. Through financial literacy programs, we seek to educate the younger generation so they can receive the financial tools needed to succeed in their future careers and in their everyday life.

The need for financial literacy is statistically proven. According to FINRA Investor Education Foundation’s 2015 National Financial Capability Study:

  • 19% of individuals reported that over the past year, their household spent more than their income (not including the purchase of a new home, car or other big investment).
  • 56% of individuals lack a rainy day fund to cover expenses for three months, in case of emergencies such as sickness, job loss or economic downturn.
  • 34% of those with credit cards paid only the minimum on their credit cards during some months in the last year; and 14% of homeowners owe more on their home than its current market value.

Financial Literacy Programs

What Is Junior Achievement USA®?
Junior Achievement USA is the nation's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices.

Junior Achievement's programs—in the core content areas of work readiness, entrepreneurship and financial literacy—ignite the spark in young people to experience and realize the opportunities and realities of work and life in the 21st century.

About MoneySKILL®

MoneySKILL® educates students of all ages on the basic understanding of money-management fundamentals. The course includes the content areas of income, expenses, saving and investing, credit, and insurance. The high school and college course is designed to be used as all or part of a course in economics, business, math, social studies or wherever personal finances are taught. Students can access the modules in the classroom, home, or wherever an Internet connection is available.

 

Volunteer. Give. Inspire

As a Junior Achievement volunteer, you can help empower young people to own their economic success by sharing your experience and JA’s proven and engaging lessons. Learn how to Empower the Future through Junior Achievement. Visit Junior Achievement at www.ja.org to explore your volunteering and donation options.

Through American Financial Services Association (AFSA) Education Foundation, MoneySKILL offers the opportunity to share financial literacy knowledge through online modules. To offer your support and get involved with the promotion of this program, visit www.afsaef.org or call 888.400.7577.