OLYMPIA, WA. – The Office of the State Treasurer is featuring new and improved financial education modules to help improve your financial outlook for 2020.
“Financial literacy is the key to financial success, so it just makes sense that we offer avenues to financial education that fit people’s various learning styles,” Washington State Treasurer Duane Davidson said.
The new modules are mobile friendly, giving people the option to beef up their financial know-how at home or on the go. Each module also received a redesign to a non-linear navigational structure that allows users to hone in on what they want to learn about most and skip over topics that are not of interest.
In partnership with the Washington, D.C.-based educational technology firm EverFi, the Treasurer’s Office originally launched the financial education modules on its website one year ago today. In 2020, they have been updated to include new lessons on financially caring for elderly family members, small business essentials and more.
“We wanted to broaden the scope of what we offer, so we added lessons to teach families how to prevent financial elder abuse and what it means to be a financial caregiver; as well as lessons that teach future small business owners about financial statements, balance sheets and cash flow reports. All of these are real-life lessons that are too often learned the hard way,” Treasurer Davidson said.
In 2019, the Treasurer’s Office introduced the first version of the learning modules as a way to support families and educators, and provide a no-cost avenue to strengthening personal finances. The newest version follows suit and expands on capabilities with new financial lessons and an improved user experience.
Treasurer Davidson focused a portion of his office’s financial education efforts to reach Washington’s Spanish speaking community and assist with closing the language gap. To give Spanish speakers the same opportunity English speakers have, each module is offered in both English and Spanish.
“We want more people to have the chance to use this type of learning tool, and make it easy to learn life-long financial skills,” Treasurer Davidson said.