MIND YOUR BUSINESS
knowledge, Intuit partnered with the Suh Family Foundation to empower youth and communities for long-term success.
Equal access to high school financial literacy to empower millions
Schools teach students many of the skills they need to build successful lives, yet only a quarter of high schoolers have access through their school to a financial literacy course. In fact, financial literacy education is only guaranteed to 5% of students in schools where more than 75% are either Black or Latino or eligible for free or reduced-priced lunch. Just 22 states require financial literacy education in high school. We believe that equal access to these courses in all states would empower millions more students to succeed in life and overcome generational wealth gaps and racial and socioeconomic inequalities, especially in low-income and disadvantaged communities with tighter resources. This lack of access perpetuates generational wealth gaps.
Engagement is essential
Research shows that financial literacy education works, but more critically, it needs hands-on instruction that engages students with real-life experiences. For example, consider the national financial literacy education partnership our organizations have launched. Students learn to manage finances in custom scenarios using real-world tools, including TurboTax and QuickBooks - seeing firsthand how to finance a car, make a family budget, fill out tax forms,
and navigate other essential aspects of adult finances. To maximize engagement, subjects are tailored to students' needs and interests.
Partnerships like this can provide high school teachers with training and curriculum and bring engaging workshops, resources and ongoing support to high schoolers. We are proud to have brought resources to some of the country's biggest, most underserved school districts .
Scaling Impact
Intuit is dedicated to helping Generation Z and all the coming generations thrive. After a successful joint program in Portland, Oregon, we expanded to the Los Angeles Unified School District, Inglewood Unified School District and Compton Unified School District, East Side Union School District and Dallas Independent School District. To roll out and scale the programming, we work with nonprofit partners already active in local school districts. The big overarching goal is to prepare at least 5 million individuals for jobs and life after graduation by 2025.
"Partnerships like this can provide high school teachers with training and curriculum and bring engaging workshops, resources and ongoing support to high schoolers. "