Financial Planning Curriculum For Teens: Impact Evaluation

Written By: Sharon M. Danes, Catherine Huddleston-Casas, and Laurie Boyce

The purpose of the study is to assess the impact of a high school financial planning curriculum on the financial knowledge, behavior, and self-efficacy of 4,107 teens nationally. Statistically significant changes were found in financial knowledge, behavior, and self-efficacy both immediately after studying the curriculum and three months after completing the curriculum. About half the teens had gains in knowledge, a third had gains in behavior, and 40% increased their confidence in managing their money. Key Words: Financial curriculum, Financial literacy, Teen finances, Program evaluation