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Welcome to the Governor's Council on Financial Literacy

The Governor's Council on Financial Literacy held its regular meeting on Dec. 3 at James Madison Academic Campus (JMAC), a Milwaukee high school. Prior to the meeting, JMAC staff and students gave a presentation highlighting the school's Academy of Finance, a curriculum track which exposes students to careers in banking, financial planning, global finance, securities, insurance, accounting and economics. DFI Secretary Ray Allen and David Mancl, Executive Director of DFI’s Office of Financial Literacy, were among those posing with JMAC Principal Gregory Ogunbowale, students, staff and Council members for a group photo. In 2014, JMAC was the recipient of a $20,000 grant funded by DFI to promote personal financial literacy.

Governor Walker proclaims April 23-30, 2016, Money Smart Week Wisconsin. Bill Wilcox, Chair, Governor’s Council on Financial Literacy is presented with the proclamation on February 10, 2016 during a ceremony in the Capitol honoring the recipients of the Governor’s Financial Literacy Awards.

  • Adobe PDF Document Wisconsin Employer Financial Wellness Input Survey findings (PDF: 584 KB / 6 pages)
  • In late 2012, the Wisconsin Department of Financial Institutions (DFI), on behalf of the Workplace Financial Literacy Committee of the Governor's Council on Financial Literacy, surveyed Wisconsin employers to learn more about employer-provided financial education in the State.

    Key Findings

    • 59% of respondents currently offer financial education to their employees.
    • Large companies are much more likely than small firms to offer financial education.
    • The vast majority (86%) of firms that offer financial education have done so for more than 1 year.

  • Adobe PDF Document Governor's Council awards $250,000 in financial literacy grants (PDF: 378 KB / 13 pages)

The Council's mission is to measurably improve the financial literacy of Wisconsin's citizens through the actions listed on Executive Order #24 and shall guide and serve as a continuous sounding board for the Office of the Governor and the Department of Financial Institutions' Office of Financial Literacy.

Many Wisconsin families— but particularly low- and moderate-income ones—struggle to deal effectively with the complex range of choices they encounter in the financial services markets. Families that lack financial assets have little ability to build wealth and they contribute to rising consumer debt. Surveys also show that youth lack basic financial skills and knowledge.

The Council is part of a pro-active approach to improving financial literacy in Wisconsin and making the state the recognized national leader when it comes to promoting financial literacy.

The Council welcomes and encourages your participation. Please pass along your ideas and suggestions by sending e-mail to: David Mancl.

Thank you in advance for your participation.

The Governor's Council on Financial Literacy

Articles of Interest