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Archive for April, 2010

Teens and money…

Last Thursday we participated in Glenelg High School’s Money Management Day 2010.  What a great event for the juniors and seniors at GHS!  Interesting facts, too…

Out of those we surveyed,

  •  86% said that they get most of their information about money from their parents, 
  • only 14% had access to a credit card yet, and
  • on average, they thought their parents would stop supporting them financially at age 21. 

Only about 1/3 of the kids we surveyed had been taught to use a checkbook or had seen a credit card statement or credit report.    Having a basic understanding of personal finance is a key to success.   So while we focus on integrating personal finance into coursework at school, we need to also be sure that parents are prepared to talk to their kids about money.

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April is Financial Literacy Month in Howard County!

On Monday, we were delighted to attend the April 2010 Howard County Council meeting to receive this proclamation declaring it Financial Literacy Month.  We were joined by colleagues in the presentation that have demonstrated a commitment to financial education in Howard County.  They included Valerie Gross and Katie George of the Howard County Public Library, Jennifer Bodensiek of Junior Achievement, and Bita Dayhoff of the Community Action Council.   We were so honored to be in such great company!  That event reminds us how grateful we are that our elected officials share our commitment to financial education in our community. 

We have so many exciting events coming up this month and will be sharing them with you along the way.  Stay tuned for Financial Literacy Month in Howard County – 2010.  And, if you hear about an event, let us know!

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