Executive Directors Note:

Many changes are taking place in Washington, D.C. including a focus on improving education and increasing the numbers of D.C. public school students who attend college. Many non-profits, corporations, and government agencies are joining forces to achieve higher numbers of students attending college; however, there has been little focus on equipping students with management skills to actually make it through college. Statistics on the Jump$tart Coalition web site tell of how more students drop out of college because of credit card debt than failure in academics. This is because although grants, loans, scholarships, and credit cards are available, students are not taught how to prioritize and budget these funds.

Excluding the Business & Finance Academy at Woodson High School, only three other D.C. public high schools offer financial education electives. It is difficult to find teachers qualified to teach financial literacy courses and, unlike many other counties and states, financial education is not mandatory for graduation in D.C.

FLF is thrilled to have forged partnerships with several public and public charter high schools across D.C. The results have been spectacular as our students open bank accounts and check their credit reports for the first time in their lives. We look forward to partnering with other community focused organizations that are working together to prepare D.C. students for success in college and life.

Michelle Carhart

Thank You

Thanks to everyone who joined us for our First Annual Financial Skills for D.C. Youth Celebration. For photos and more information, please see our highlights section.

Did You Know...
  • The average teenager spends approximately $5400 each year.
  • Collectively, teenagers spend more than $172 billion annually.
  • Teens spend 98% of what they earn.
    Read more...
Student Quotes

"I really like this class because I realize that it will help me manage my money and has taught me how to save. I know that if I master financial concepts I could be all set when I get to college. I know so many people who had to leave college because they had too much debt and didn’t know how to manage their money. This will not happen to me because of the skills I have learned in Financial Planning class.

I am very grateful to have a teacher like Ms. Carhart. Thank you for sending the SEED School such a devoted and ambitious teacher."
- Bianca Jones

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