“It’s better, much better, to have wisdom and knowledge than gold and silver.”—Prov. 16:16
Never has the need for financial education been so critical for all students. The global financial crisis of 2008 will certainly repeat itself if the cycle of financial illiteracy is not broken. Teaching our teens about finances, budgeting and saving is more important today than ever. With the troubling economy—the loss of jobs and, in some cases, homes—teens need to learn early how to manage their money.
The goal of the YHF Financial Literacy program is to impart financial wisdom to high school age students that will lead students to a better understanding of how to make good financial decisions throughout their lives.
We present workshops focusing on five areas:
You and Your Money–An Economics Primer
- How money moves through the economy
- Banks and you
- Value and comparing value
- Your budget
- Types of expenses
- Build your budget
Savings and Checking
- Savings accounts and interest
- Types of interest
- Types of Savings
- Opening and managing accounts
Credit and You
- Lending and trustworthiness
- Credit and spending limits
- Bad credit and your credit history
- Investment options
- What’s a stock?
- Stocks and risk
Each module is presented by a team of financial and business professionals from the ranks of corporate and independent financial industry.