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North Carolina Council on Economic Education
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Teaching Financial Skills Means Strengthening North Carolina’s Workforce
This spring, people across the country are applauding another class of high school graduates. But if history is our guide, many of these young adults will be better prepared for college and careers than they are for managing a paycheck, building credit or avoiding high-cost debt.
This underscores why the ongoing work of the North Carolina Council on Economic Education matters. We are making inroads with students by educating their teachers. In 2025 alone, we helped more than 1,000 teachers complete more than 12,000 hours of professional development around financial education, directly benefiting nearly 108,000 students, 68% of whom come from low-to-moderate income communities. These are the future employees, entrepreneurs and consumers who will drive our state’s economy.
For employers, the financial education gap doesn’t just affect individuals. It shapes the readiness, resilience and long-term stability of our workforce. As research consistently tells us, financial education changes behavior. Study after study has shown that students with stronger financial literacy skills are significantly more likely to save, budget effectively and make thoughtful spending decisions throughout their lives. Individuals with more financial knowledge are also less likely to carry costly debt and more likely to build emergency savings — outcomes that compound over time.
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