June 25, 2018
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Educators invited to financial literacy event

GARDINER, Maine — In recognition of April’s designation as Financial Literacy for Youth Month, Gov. John Baldacci joined with state Office of Securities Administrator Judith Shaw and Maine Jump$tart board president William Olsen to announce Maine’s first Financial Literacy Summit for Youth.

The event, set for May 7 at the Augusta Civic Center, will bring state and national experts together for an in-depth training session that will showcase best practices for incorporating financial literacy instruction in classrooms and beyond, according to the state Office of Professional and Financial Regulation.

Local business support of the summit has enabled organizers to offer the event at a nominal cost to attendees with additional subsidies available for many school districts needing substitute teacher assistance.

The daylong gathering is designed to give educators and others interested in fostering youth financial literacy practical tools and free curriculum resources to assist in helping students become financially capable adults in the 21st century. Noting that economic conditions and advances in technology make financial literacy more important than ever, Baldacci and summit organizers are encouraging teachers, school administrators and others to register for the upcoming training.

“The need for young people to become financially literate has never been greater,” Baldacci said. “Recent uncertainties in the global economy have reminded us about the importance of being wise consumers and smart investors and the value in planning for the future.”

Spearheaded by the Office of Securities and the Maine Jump$tart Coalition for Personal Financial Literacy, the summit planning committee includes the Maine Department of Education and the Maine Department of Professional and Financial Regulation.

In addition to Baldacci, event speakers and panelists will include former Gov. Angus King, Education Commissioner Susan Gendron, Bowdoin College Treasurer Catherine Longley, Jump$tart Coalition Executive Director Laura Levine and Jeanne Hogarth from the Federal Reserve Board in Washington.

Additionally, Don Blandin of the Investor Protection Trust, as well as Jack Gallagher and Pam Krueger from the award-winning public television series “Money Track,” are scheduled to make presentations.

“This first-ever statewide summit promises to train and energize a network of educators, counselors, parents and other financial education mentoring organizations throughout Maine who will help to make the next generation of consumers and investors more knowledgeable and savvy,” Shaw said. “Teachers and anyone else involved in fostering youth financial education are urged to learn more and to join us May 7 in Augusta.”

More information, including an agenda and summit registration form, is available by calling the Office of Securities at 877-624-8551; at www.investors.maine.gov and by clicking on the summit announcement; or by sending an e-mail to dona.l.garippa@maine.gov.

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