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This study investigates financial literacy among early childhood teachers in the US. A survey was used to measure the financial literacy among early childhood teachers in New Jersey, USA ( N  = 152). Financial literacy was found to be low among early childhood teachers (52% correct score) and only marginally higher than high school students. Eighty-one percent of the teachers self-assessed their knowledge of financial literacy as moderate to low. Over half of the teachers surveyed found teaching finance to be unenjoyable. Multiple regression analysis showed that the number of economics/finance courses taken was a strong ( p  &lt; 0.01) predictor of financial literacy levels, suggesting that personal financial education could improve financial literacy among early childhood teachers and improve their confidence to teach financial literacy. Thus, our findings shed light on the preparedness of early childhood teachers to teach financial literacy and suggest the need for the inclusion of personal finance courses in early childhood teacher preparation curricula.

Preparedness of early childhood teachers to teach financial literacy: evidence from the US