Today, Junior Achievement USA (JA) and The Allstate Foundation announced the rollout of new lessons focused on healthy financial relationships for teens with an update and expansion of the JA Personal Finance® program.
Designed for high school students, JA Personal Finance allows teens to experience the interrelationship between today’s financial decisions and future financial success. With The Allstate Foundation’s support, the original eight sessions of the program have been refreshed with content promoting healthy financial relationships.
“There have been many studies that show that money and finances are among the top sources of stress in relationships,” said Jack E. Kosakowski, President and CEO of Junior Achievement USA. “With the support of The Allstate Foundation, the JA Personal Finance program has been updated to show that money decisions aren’t only personal, but interpersonal. The intent is to provide students with the knowledge and skills necessary to promote healthy financial relationships in their lives.”
In addition to updating the program’s eight original sessions, three additional new self-guided learning lessons focusing on credit, debt management, and net worth have been added. These lessons will allow high school students to explore how their financial decisions can affect others and will provide guidance on healthy ways to manage shared financial decisions and conflict with a partner.
“Financial abuse occurs in nearly all domestic violence cases and it’s often one of the main reasons why victims stay with or return to their abusive partners,” said Francie Schnipke Richards, vice president of social responsibility and The Allstate Foundation. “Our fifteen-year commitment to disrupting the cycle of violence has taught us that relationship violence can start at a young age. We’re proud to team up with Junior Achievement USA to educate young people about healthy financial relationships and help prevent abusive relationships before they start.