CDA Program

Financial Literacy 

Financial literacy is a core life skill.

Poor money management skills lead to hasty, desperate, and anxious decisions, which often create more debt, and stress. Beginning with the freshman class of 2023, all Florida high school students will be required to take a .5 credit financial literacy class.

Financial Literacy classes for foster kids and foster families in Florida by Children's Dream Adventures
Vocational training & jobs programs for Foster Kids in Florida

Unfortunately, bad money habits develop much earlier.

A study by the University of Cambridge found that money habits in children are formed by the time they’re 7 years old. That is why in today’s increasingly complex world and economy it is essential to have a firm foundation in financial knowledge and skills to help avoid becoming one of the frightening statistics below.

  • 64 percent of all adults assert that money is a significant stressor, more so (73 percent) for people with a household income of under $50,000. (American Psychological Association)
  • 38 percent of adults have less than $1,000 saved for financial emergencies. (PwC)
  • A 2020 Bankrate survey found 21% of Americans have no emergency savings.
  • 4 out 5 parents wish they learned more about money as a kid.
  • A 2021 study conducted by Greenlight concluded that 74% of teens don’t feel confident about their financial education.

Children’s Dream Adventures is in the process

of partnering with several organizations and corporations to give our Teens, Young Adults, and Parents/Caregivers a large selection of Financial Literacy courses and formats to choose from. They will also be able to select a course and/or format best suits their learning style. We also plan to offer an incentive to the students who complete the course.

As it is crucial to start forming these habits as early as possible, the children in the 3yr-12yr age group will receive the Financial Peace Jr. bundle, by Dave Ramsey.