In recognition of Financial Literacy Month and as part of its commitment to financial health and education, Churchill Mortgage announced that it is providing Brentwood High School, along with four other schools across the country, with Ramsey Solutions’ Foundations in Personal Finance, a full curriculum that teaches students how to manage their finances and build wealth to achieve a sound financial future.
According to the Council for Economic Education, only five states require high school students to complete a standalone semester personal finance course before they graduate, illustrating a greater need for financial literacy initiatives. A survey of more than 76,000 high school students (conducted by Ramsey Solutions) shows that high schoolers who take personal finance courses have a greater understanding of financial concepts, such as:
- The differences between credit and debit cards (86%);
- How to pay income taxes (87%)
- How home, auto and life insurance work (90%)
- How student loans work (94%)
Launched in 2008 by financial expert Dave Ramsey, Foundations in Personal Finance is taught in one-in-three high schools nationwide and educates students on avoiding debt, budgeting with intention and investing and building wealth. The curriculum is an easy-to-use, turn-key program that meets education standards and benchmarks in all fifty states and Jump$tart national standards. More than three million students have taken Foundations in Personal Finance curriculum nationwide.
“When established early in life, healthy financial habits can make a monumental difference in quality of life. These habits would not be possible without powerful educational resources like Ramsey Solutions’ Foundations in Personal Finance curriculum and nationwide initiatives like Financial Literacy Month,” said Mike Hardwick, president of Churchill Mortgage. “At Churchill, we’re dedicated to educating and helping people achieve financial freedom with the heart of a teacher. Providing this curriculum to Brentwood High School is our way of giving back and for these students, it is the first and most important step to building a strong financial foundation.”
About Ramsey Solutions
Ramsey Solutions empowers people from all walks of life to win at life and money by helping them regain control of their finances, build wealth, grow leadership skills and enhance their lives through personal development. The company offers messages of hope through a variety of mediums including live events, publishing, digital products and syndicated content. The company was started by CEO Dave Ramsey, America’s trusted voice on money and business. Ramsey has authored seven best-selling books, and is the host of the nationally-syndicated The Dave Ramsey Show, which is heard by more than 12 million listeners each week on more than 575 radio stations and multiple digital outlets. Ramsey Solutions employs more than 575 team members and has been voted among Nashville’s best places to work ten times. For more information on Dave Ramsey and Ramsey Solutions, go to daveramsey.com or follow @DaveRamsey on Twitter.
About Churchill Mortgage®
Founded in 1992, Churchill Mortgage is a privately owned company by its more than 400 employees. A full-service and financially sound leader in the mortgage industry, the company provides conventional, FHA, VA and USDA residential mortgages across 46 states. As heard on personal finance expert and author Dave Ramsey’s nationally syndicated radio show, the lender’s mission is to help borrowers achieve debt-free homeownership and build wealth through a smarter mortgage plan, regardless of their starting point. Churchill Mortgage is a wholly-owned subsidiary of Churchill Holdings, Inc.