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Our Story
From our early academic days, we witnessed how economic knowledge created unequal opportunities in communities around us. We observed how financial literacy could transform lives, and we were taught that with the right understanding, anything is possible.
Unfortunately, factors outside of anyone’s control make it hard for some people to grasp economic concepts: things like educational access, socioeconomic background, geographic location, and systemic barriers to financial education.
We wake up every day determined to use our resources to create a world where everyone has the opportunity to understand and navigate the economic systems that impact their lives. Most importantly, we believe this: All individuals deserve equal access to economic knowledge. That’s why we made the decision to establish EcoLit Club to help bridge the economic literacy gap.
The challenge when we started out was how to do that in a meaningful and high-impact way. We were drawn to issues that emerged from our own experiences, so we began organizing economic literacy workshops in local communities. As we engaged with more diverse audiences and traveled to different regions, we also became curious about the economic inequalities further from home.
One day, we read a report about millions of individuals in underserved communities who remain trapped in cycles of poverty due to a lack of basic financial and economic understanding—concepts that were readily taught in privileged educational settings. That deeply concerned us. As young economists, it hit us especially hard. If there’s anything more troubling than economic hardship, we said to each other, then surely, it’s preventable economic hardship.
We sent the article to our economics professor with a note:
“Professor, maybe we can do something about this.”
Those eight words changed the rest of our journey.
Global Economic Literacy Rates: This bar chart shows literacy rates across different regions, highlighting that the global average is only 33%, emphasizing the need for organizations like EcoLit Club.
EcoLit Club Impact Growth: This line graph tracks your club’s growth from 2022 to 2025, showing how you’ve expanded from reaching 800 students to over 15,000. The dramatic upward trajectory highlights your success and growing influence.
Benefits of Economic Literacy: This infographic uses a hub-and-spoke design to illustrate four key benefits of economic literacy with supporting statistics:
- Financial Well-being (25% higher lifetime earnings)
- Better Decisions (42% reduction in financial mistakes)
- Economic Mobility (3x higher chance of social advancement)
- Community Impact (17% increase in local development)
The Economic Literacy Gap: This visualization highlights three key disparities that EcoLit Club is working to address:
- The 28% gap between urban and rural communities
- The 7% gender gap in economic literacy
- The fact that only 13% of schools offer comprehensive economic education
Our Impact in Numbers
Since our founding, EcoLit Club has:
- Conducted over 3 economic literacy workshops reaching 150+ students
- Published 2 editions of “Echoes of EcoLit” magazine
- Mentored 20 students in economic research and analysis
- Created10 interactive economic games and learning tools
- Established partnerships with 1 educational institutions
The Economic Literacy Gap
The economic literacy gap remains a significant challenge globally:
- According to the S&P Global Financial Literacy Survey, only 33% of adults worldwide are financially literate
- The gender gap in financial literacy averages 7% globally, with women having lower literacy rates
- Only 13% of school-aged children receive financial education as part of their curriculum
- Economic literacy rates show a 28% disparity between urban and rural communities
- Individuals with higher economic literacy earn 25% more over their lifetimes
Our Growing Impact
We started consulting experts, learning from local communities, and researching economic literacy more deeply. We worked to figure out how we might use our voices to raise the visibility of economic education, and how our resources could start transforming lives and communities.
We also expanded our work from simply providing economic information to ensuring that every student had equal opportunity to learn, understand, and apply economic concepts to their daily lives.
As our commitment grew, a group of dedicated economics students and faculty contributed their time and resources to EcoLit Club, making it one of the most impactful student-led economic literacy initiatives in the region. When several local businesses pledged their support to our foundation, it allowed us to raise our ambitions about taking on the toughest, most important economic literacy challenges.
Our club has spent countless volunteer hours since its inception, and we believe that’s helped our partners make a difference. How do we know? We are committed to measuring progress so we can see what’s working and what isn’t. We’d like to share one chart we find most hopeful.
It’s this: The number of students who demonstrate improved economic decision-making after participating in our programs. It’s increased by 68% since our founding. Thousands more young people are making informed economic choices. That makes us optimistic.
Our Milestones
2022: EcoLit Club is founded by a group of economics students passionate about spreading economic literacy
2025: Launch of “Echoes of EcoLit” quarterly magazine featuring economic insights accessible to all
2025: Introduction of EcoLit GameZone, creating interactive ways to understand economic concepts
2025: Partnership with five local schools to introduce economic literacy programs
2025: Expansion to reaching marginalized communities with tailored economic literacy programs
2025: Launch of EcoLit Digital Platform for broader accessibility
Join Our Movement
At EcoLit Club, we’re building a community of economically literate citizens who can navigate financial systems with confidence, make informed decisions, and advocate for economic justice.
Whether you’re a student, educator, business professional, or simply someone passionate about economic empowerment, there’s a place for you in our story. Together, we can create a world where economic knowledge is truly accessible to all.
Because when economic literacy reaches the last mile, we all move forward together.
