Massachusetts

New Report Shows Massachusetts Falling Behind in Financial Literacy

Published

2 years ago

April 25, 2022

Report highlights the urgency of enhancing monetary literacy training for commonwealth college students

BOSTON, April 25, 2022 /PRNewswire/ — A brand new report launched as we speak by FitMoney exhibits the very actual penalties that accompany low ranges of monetary literacy within the Commonwealth throughout instances of rising inflation and a monetary atmosphere of rising complexity.

The Massachusetts Monetary Literacy Health Report additionally exhibits that the state is failing to make sure all college students have entry to instruction that might give them crucial monetary data they will want to achieve life. In response to the report, Massachusetts lags behind an growing variety of states taking wanted steps to enhance and increase monetary literacy training for his or her youth.

FitMoney’s report additionally discovered:

Greater than half of American households cannot cowl a $1,000 emergency expense with financial savings.
Common shopper debt in Massachusetts is highest amongst New England states – $115,671.
Lower than 5% of scholars in Massachusetts are assured to take a private finance course.
Barely 1/4 of faculty districts in Massachusetts say they educate monetary literacy in center/ elementary faculty, but consultants say that youngsters’ cash habits kind as early as 7 years outdated.

FitMoney despatched a replica of the report back to Governor Baker as we speak, alongside with a letter urging him to shine a light-weight on the problem and to assist monetary literacy measures being thought-about by the legislature.

“The stakes for the youth of Massachusetts are excessive and our state is frankly falling behind; the time to behave is now,” stated FitMoney Government Director, Jessica Pelletier. “Whereas we’re grateful for Governor Baker’s management on this subject, we urge him and lawmakers on Beacon Hill to make monetary literacy training not simply an choice, however a precedence for all children within the commonwealth.”

There are at the moment 5 payments on monetary literacy into account, in addition to a $250,000 funding measure within the proposed 2023 funds. Whereas monetary literacy has been included in tutorial requirements since a 2019 invoice went into impact, Massachusetts doesn’t require faculties to show a compulsory course and even to supply an elective one. Twenty-four others states do.

Evaluation the report right here.

Learn the letter right here.

About FitMoney
FitMoney is a Newton-based nonprofit group devoted to enhancing monetary literacy in Massachusetts and throughout the nation. FitMoney supplies free, unbiased monetary literacy packages to assist Okay-12 college students develop life abilities for a financially match future.

SOURCE FitMoney

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Massachusetts

Massachusetts housing crisis takes center stage in Revere apartment condemnation

Published

5 hours ago

August 31, 2024

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Massachusetts housing crisis takes center stage in Revere apartment condemnation

The Massachusetts housing crisis is taking center stage in Revere as roughly 40 families will soon have to move out of a 13-story, oceanside apartment tower that city officials say is “moldy” and “rat-infested.”

Originally Published: August 31, 2024 at 3:36 p.m.

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Massachusetts

Obituary for Susan E. Markley at Daniel T. Morrill Funeral Home

Published

15 hours ago

August 31, 2024

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Obituary for Susan E. Markley at Daniel T. Morrill Funeral Home

Rochdale Susan E. Lawrie Markley, 63, of Pleasant St., passed away suddenly on Tuesday, Aug. 27th, in the UMass Memorial Medical Center, University Campus, Worcester, after an illness. She leaves her husband of 43 years, John A. Markley her two sons, Benjamin A. Markley and his wife Brittany of Leicester

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Massachusetts

EEE map for Massachusetts shows towns at highest risk level for mosquito-borne virus

Published

1 day ago

August 30, 2024

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EEE map for Massachusetts shows towns at highest risk level for mosquito-borne virus

BOSTON – Heading into Labor Day weekend, multiple towns in Massachusetts are facing critical or high risk levels of the mosquito-borne eastern equine encephalitis, or EEE. A map published by the state’s Department of Public Health shows the EEE threat for every community in the state.

The EEE risk map for Massachusetts, as of Aug. 30, 2024.

Mass.Gov

EEE cases in Massachusetts

Massachusetts on Thursday reported its second human case of EEE in a woman in her 30s. She contracted the virus in Plymouth County, before the area was aerial sprayed for mosquitos. A EEE case in a horse was also confirmed there.

Many towns around Plymouth have a EEE risk level of moderate or high, according to the map. And some towns in southern Worcester County are at a critically high risk of EEE because a man in his 80s was infected with EEE there.

Earlier this week, 41-year-old Steven Perry from Hampstead, New Hampshire – not far from the Massachusetts border – died from EEE. His family said he had no underlying health conditions but developed severe central nervous system disease and died days later.

EEE risk level in Massachusetts towns

As of Friday afternoon, these were the Massachusetts communities listed as having a moderate, high or critical EEE risk level.

Critical: Douglas, Oxford, Sutton, Webster

High: Carver, Dudley, Middleboro, Northbridge, Plymouth, Uxbridge

Moderate: Acushnet, Amesbury, Auburn, Berkley, Bridgewater, Charlton, Dartmouth, Fairhaven, Freetown, Grafton, Groveland, Halifax, Haverhill, Hopedale, Hudson, Kingston, Lakeville, Leicester, Mariion, Marlboro, Mattapoisett, Maynard, Mendon, Merrimac, Millbury, Milford, Millville, New Bedford, Newburyport, North Reading, Plympton, Raynham, Rochester, Salisbury, Southbridge, Sudbury, Taunton, Upton, West Newbury, Wareham, Westport

What are the symptoms of EEE?

EEE is a rare disease, but about 30% of those who get infected die, according to the CDC. Most people don’t show symptoms, but those that do can have fever or brain swelling.

Symptoms can include headache, vomiting, diarrhea, seizures, behavioral changes and drowsiness.

To avoid mosquito bites, experts recommend using insect repellent, wearing long sleeves, staying indoors at dusk and dawn when mosquitoes are active, and draining standing water.

Neal Riley

Neal J. Riley is a digital producer for CBS Boston. He has been with WBZ-TV since 2014. His work has appeared in The Boston Globe and The San Francisco Chronicle. Neal is a graduate of Boston University.

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