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News & Press: Financial Literacy News

Jump$tart: State Cents - Michigan

Friday, July 15, 2016   (0 Comments)
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Michigan Jump$tart Coalition

Michigan Jump$tart CoalitionThe Michigan Jump$tart Coalition is a nonprofit made up of organizations and individuals from business, government, nonprofits and educators throughout the state. We design our coalition to make the greatest impact and advancement of youth financial education by:
  • Holding an open annual Michigan educator’s conference.
  • Speaking at and supporting various teacher educational events.
  • Raising awareness and education on the importance of financial literacy.
  • Providing the platform for enhanced coordination of financial literacy efforts throughout Michigan.
  • Working with the Board of Education, Governor’s office and others to better understand the needs and improve the resources of schools and teachers, so they can provide their desired financial education to their students.
In addition, the Michigan Jump$tart Coalition is a proud affiliate of the National Jump$tart Coalition for Personal Financial Literacy®.


Our Premiere Program – Educators Conference

The Michigan Jump$tart Coalition, Michigan Council on Economic Education, and the Federal Reserve invited economic and financial literacy educators to a FREE (thanks Ford Motor Credit) two-day summer conference on June 28-29. Teachers hit the road for day one of the conference, visiting the Ford Motor Company Rouge Plant to witness production of the F-150 truck. Ford economist Paul McCarthy shared his work responsibilities and answered questions from eager teachers in the executive conference room. Teachers concluded day one with a visit to see the Detroit Tigers defeat the Miami Marlins at an evening networking event.

Day two of the conference was hosted at the Detroit Branch of the Federal Reserve and began the topic of behavioral economics with Gary Mottola from FINRA. Kris Bertelsen from the St. Louis Federal Reserve followed by packing teachers with a toolkit of resources they are looking forward to implementing in classrooms this fall. David Buten, founder of Budget Challenge, shared an amazing hands-on tool for students to experience budgeting and decision making through simulations. The conference concluded with Martin Lavelle and Cindy Ivanac-Lillig from the Federal Reserve Bank of Chicago providing an economic update and best practices for utilizing FRED, the Federal Reserve Economic Database, in the classroom.


We need to further expand our outreach. We want to cover all corners of our state so all youth throughout Michigan have an equal chance at financial success. One of the best ways for others to stay connected and become an influential partner in youth financial education is to become a member of the Michigan JumpStart Coalition. Annual dues are $50 a year.
Membership benefits include:
  • Networking opportunities at partner meetings and events
  • Insight into problems and solutions in financial literacy
  • Listing in Michigan Jump$tart promotional materials, including Resource Guide
  • Link and listing on the Michigan Jump$tart web site
  • Listing in online Resource Portal
  • Opportunity to influence legislation and invitation to Money Smart Day at the Capitol

Michigan Jump$tart Coalition collaborated with Michigan Board of Education and the Governor’s office to develop and conduct a survey of personal finance educators in the fall of 2016. This will provide us with the most accurate data ever collected on where financial literacy is taught in the state and what resources are needed by schools to support or start a program in their school.


James Studinger, Chairman
Michigan Jump$tart Coalition

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