WAXAHACHIE — Matt Authier, Next Generation chairperson, met with the Rotary Club this week to explain the mission and goals of the Waxahachie Foundation and how the community can help.
About two years ago, a group of concerned citizens met to discuss the most significant problems facing the community. They surveyed 512 people, and 68 percent of them said financial illiteracy is among the top three issues.
How do you manage a bank account including writing checks and keeping track of your dollars? How do you decide whether to buy or rent a place to live? How do you budget or keep track of debt? These and many more problems face us every day, but there are very little teachings on these subjects in school.
In fact, the Texas legislature passed a law requiring schools to offer financial literacy instruction, but they do not require students to take it. Representative John Wray has been asked to see if the classes can be mandatory like Texas history or English. Authier explained a letter or call to Wray might help get students receive the help they all need.
The Foundation is working with Waxahachie and Global High Schools, as well as the Waxahachie High School of Choice, to implement these classes. Global High does make them mandatory and has a teacher assigned to provide the information.
WHS and the School of Choice have several teachers who teach different parts of the program. All of the schools and WISD work together helping each other with the issues.
The Foundation has set up a program with the schools to bring in professionals to bring the subjects to life. Bankers, insurance agents, accountants, tax professionals, retirement planners and many more have volunteered their expertise in the classrooms.
Personal financial illiteracy is a problem facing many of our community students and adults. How can you help? If you are an expert in any area that deals with money or financial dealings contact Mr. Authier at email@example.com.