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Detailed text transcripts for TV channel - CNN - 20100515:17:36:00

Virginia for the last five years. what do i think we should do to ensure students in this country receive essential financial literacy education that they need? stop wasting time, like nike says just do it. signing up for the challenge and educator tool hits that include 29 specific lesson plans in areas like budget your money, savvy savors, understanding your paycheck and roof over your head. teaching life lessons about money and finance are important to these two men who are not only behind the challenge, they re both parents. i got little guys at home, 6 and 8, but we started them on aheadlin allowances. i m joined by secretary of education arnie duncan, also joining us is terry carson, she s a teacher at stone wall jackson high school, a high school in virginia. ....

Wasting Time , Lesson Plans , Savvy Savors , Budgeting Money , Teaching Life Lessons , Stone Wall Jackson High School , Barnie Duncan , Terry Carson , Secretary Of Education , Aheadlin Allowances ,

Detailed text transcripts for TV channel - CNN - 20100515:17:35:00

National financial capability challenge. a 40-question online exam taken by 76,000 students nationwide. aaron moore had the top score, a perfect one. we learned math, how to add, subtract, multiply and divide and we learned to speak english well, but what everyone does not learn is finance, the missing piece to our future. unfortunately, aaron and the other top scorers who win a trip to washington. too many students fail to answer basic questions about credit cards, car insurance and making the right decision about personal financial just seven out of eight times out of ten actually isn t good enough. the challenge is also a wakeup call for the nation s educator who is need to be fluent in finance if they re going to teach it. terry carson, a certified public accountant has been doing just that at stone wall jackson high school, a public school in ....

Aaron Moore , Credit Cards , Car Insurance , Stone Wall Jackson High School , Terry Carson , Wakeup Call , Public School , Isnt Good Enough ,

Detailed text transcripts for TV channel - CNN - 20100515:17:39:00

Students, 76,000 students participated in year, we want to expand that going forward, but phenomenal teachers like terry are helping in the classroom. sometimes money can be separated out and it s economics and it sounds so boring, but money is everything, money is a cell phone bill and how to manage that, money is how you pay $1.07 for a song on i-tunes, there s a lot of practical ways that you can teach children about budgeting money, paying for a roof over your head. absolutely, but they automatically have an interest in money. they all want to amass whatever the luxuries that their parents have at a very young age. so it s very easy to connect it, it would be great, i m a huge fan of your show and it would be great if it aired sometime during the week because saturday and sunday are not when students are home watching it. right. that would be a good idea. ....

Budgeting Money , Terry Carson , Cell Phone Bill , Oni Tunes , 21 07 ,

Detailed text transcripts for TV channel - CNN - 20100515:17:38:00

Going to see you at this table one day telling me about the company that you re running, i can only hope. you only have to graduate with a couple of years of a foreign language, you re moving toward fluns si in a foreign language, what about finance? why aren t more schools teaching about finance and money? this is what ties every part of your daily life together. i think there s absolutely an increasing awareness and phenomenal teachers like terry are instilling these lessons, these values, these lifelong values. i hope one day i m going to be working for aaron. he s an extraordinary young man, but he s doing so well because he s had that exposure, he s got great teachers and great parent whose have helphood i hooed him. we have about 2,600 teachers around the country, working with ....

Budgeting Money , Terry Carson , Aren T , Fluns Si , Aaron Moore ,