say it’s important to learn about personal finance while in high school or college.
Financial education is undertaught in schools - this has led to a financial literacy crisis for students and adults alike. The 5 Buckets Foundation believes that we can make the most impact working with students and young adults as they begin their personal finance journeys. In addition, our mission dictates that we expand our services to other demographics such as working professionals, veterans, and local nonprofits.
What We Do And Why
In 2004, the U.S. Senate officially recognized April as ‘Financial Literacy Month’ to increase public awareness on the importance of financial literacy. They sought to highlight negative effects associated with lack of knowledge about personal finances, such as higher rates of poverty, decrease in overall health, and lower employment rates. Young people in particular lack personal finance practices and skills, with 67% of Generation Y having less than 3 month’s worth of emergency funds.
Of students and young adults surveyed ...
say they would know where to begin with their financial literacy education.
The 5 Buckets Foundation has established a committed and passionate national leadership board who share a single-minded vision that we can create meaningful financial education for all.Meet Our Team
The officers, directors, committee members, employees, and persons served by this corporation shall be selected entirely on a nondiscriminatory basis with respect to age, sex, race, religion, national origin, and sexual orientation. It is the policy of The Five Shovels Foundation not to discriminate on the basis of race, creed, ancestry, marital status, gender, sexual orientation, age, physical disability, veteran’s status, political service or affiliation, color, religion, or national origin.