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This Month's Newsletter Focus is Financial Independence!

In celebration of Independence Day, we’re highlighting financial independence – with an emphasis on money management. Being financially independent allows you to use the money you have today to live the life you want, and it all begins with how you earn each dollar.

This Month's Newsletter Focus is Financial Services

In June, we address the principle of Financial Services. For example, how to choose between a bank and a credit union, how they are regulated, and more.

As stated last month, AB 2215 passed through every Committee and Floor of the Assembly and was full-steam-ahead moving into the Senate. This is a great sign that California is seriously considering providing personal financial education for our students. However, we had to accept substantial amendments that moved the bill away from our original vision of creating a permanent, sustaining private-public partnership to act as a steward over Financial Literacy curricula/program and a resource to schools/teachers.

This Month's Newsletter Focus is Understanding Credit Reports

Time to address credit reports, good credit scores and the role of credit bureaus. Basically your credit report is just a detailed record of your credit history which is used to determine your credit score as well as other financial decisions by lenders and other parties.

We have a tremendous opportunity to invest in the financial future of California children. Financial education greatly impacts each individual child, their future family, and our state’s economy. CA drastically lags behind the majority of other states in preparing its youth with financial skills to thrive. California has no financial literacy standards for any grade level. Compounding this crucial issue recent statistics from Next Gen Personal Finance show only 7.4% of Black and Brown students and 7.8% of low-income students have access to a stand-alone personal finance course for graduation. It is time to make financial literacy a priority!

Don't Forget - It is Financial Literacy Month!

We encourage you to support Financial Literacy Month events and initiatives conducted and sponsored by our California Partners, our fellow State Coalitions, and others. This is a unified effort to raise awareness about the importance of financial literacy and the need for effective financial education. Financial literacy is important especially now with the economic uncertainties following Coronavirus (COVID-19), inflation and world events. California Jump$tart is supporting a new Public-Private Partnership - AB 2215 - below. Join us by adding your voice with a Support Letter!

Don't Forget - April is Financial Literacy Month!

We encourage you to support Financial Literacy Month events and initiatives conducted and sponsored by our California Partners, our fellow State Coalitions, and others. This is a unified effort to raise awareness about the importance of financial literacy and the need for effective financial education. Financial literacy is important especially now with the economic uncertainties following Coronavirus (COVID-19), inflation and world events. California Jump$tart is supporting a new Public-Private Partnership - AB 2215. Join us by adding your voice with a Support Letter!

 UPDATE: AB 2215 just passed the Education Committee! 
 More information coming soon. 

We can pass any Advanced Placement test you put in front of us, but we don’t know how to manage a bank account.” ~ Lodi Unified School District student

California Jump$tart (CAJ$) is a non-profit 501c(3) that supports and promotes financial education in California. CAJ$ is acting as the lead resource and strongly in support of AB 2215. Below you will find some highlights of the program being introduced.

California Jumpstart is strongly supporting this initiative, and is thrilled to partner with Assemblywoman Rubio, Assemblyman Villapudua, and State Treasurer Fiona Ma to put forward this legislation that will bring state and private resources together to expand financial literacy education and resources to the students of Calfornia...  Learn more about AB-2215.

This Month's Newsletter Focus is on Paying Yourself First!

When you pay yourself first, you pay yourself (usually via automatic savings) before you do any other spending. In other words, you are prioritizing your long-term financial well-being.