[kids-lib] Reading Is an Investment (Literacy & Financial Education Program) Has Begun

[Jennifer Maurer]

This year’s Reading is an Investment (RII) program launched in late September. Sponsored by the Oregon College Savings Plan, it aims to promote literacy and financial education among
K-5 elementary students in Oregon. Homeschoolers in that grade range are encouraged to participate, too.
Annually, two books are highlighted in RII. This year, those are Earning Excitement<https://www.oregoncollegesavings.com/documents/038619-TIAA_Lesson_Plan1.pdf> by Paul Nourigat and Isabel’s Car Wash<https://www.oregoncollegesavings.com/documents/038619-TIAA_Lesson_Plan2.pdf> by Sheila Bair.

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The books are tied to the applicable state standards, with class activities designed around these standards. Lesson plans are available for use in the classroom, and teachers and librarians can access them at www.ReadingIsAnInvestment.com<http://www.ReadingIsAnInvestment.com>.
The biggest program component is encouraging kids to read or be read to, and the books should relate to money and finances. Children are encouraged to read at least 3 books from the recommended reading list<https://www.oregoncollegesavings.com/documents/ReadingList-for-Website.pdf>, and they will track their time in increments of 20 (read-to-me kids) or 40 (independent readers) minutes. Participants who submit an entry form/reading log on behalf of a child are automatically entered into a drawing to win one of 50 Oregon College Savings Plan accounts, worth $529 each.
For entrants to be eligible for one of the $529 Oregon College Savings Plan accounts, their entries must be received by May 5, 2014. (Did you know that the winners’ schools also receive $500?)
For more information about the Reading is an Investment program, please visit www.ReadingIsAnInvestment.com<http://www.ReadingIsAnInvestment.com>. If you have any questions or need additional information, please contact Stephanie Swetland at 503.373.1903 or reading.investment at ost.state.or.us<mailto:reading.investment at ost.state.or.us>.
Note that financial literacy is emphasized in the Oregon Social Sciences Standards which were adopted in 2011: http://www.ode.state.or.us/search/page/?id=1802. These are the three core financial literacy standards, which are then more specific by grade level:

  *   Acquire the knowledge and economic reasoning skills to make sound personal financial decisions to meet long and short term goals.
  *   Understand and apply key concepts of personal income potential, risk management, and investment.
  *   Examine individual responsibility and the impact of decisions on personal, local, regional, national and global economies.
Thanks for promoting the program through book displays, reading a book or two from the recommended reading list during storytime, announcing it on your website and via social media, including information in newsletters, and whatever creative way you come up with.

FYI,
Jen

Jennifer Maurer
School Library Consultant
Oregon State Library
250 Winter Street NE
Salem, OR 97301
503.378.5011
jennifer.maurer at state.or.us<mailto:jennifer.maurer at state.or.us>

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