A survey conducted in October of this year by the Opinion Research Corporation found that 49 percent of teens are quite clueless about money management. And 90 percent of the teens who participated in the survey said that one of the main reasons behind their lack of financial knowledge is the fact that they simply aren’t learning everything they need to know about money management. Courtney Moran, executive director of the Cornerstone Credit Union Foundation says there are lots of tools out there to help teens become better money managers, and credit unions are well-positioned to leverage these tools.
At the Foundation’s Feb. 6-7, 2014 FOCUS Summit in Dallas, attendees will learn about some of these tools, including:
The National Endowment for Financial Education High School Financial Planning Program
Sammy the Savings Rabbit
Open to all credit union professionals, community leaders and educators, this two-day event is an opportunity for financial education advocates to network, share best practices, learn about available resources, as well as explore proven techniques and strategies for deploying financial education into their local schools and communities.
Highlights of the 2014 program include a performance by The Disclosures: Musicians with a Mission, as well as a keynote address from Jean Chatzky, an author and financial editor for NBC’s Today Show. Lois Kitsch, REAL Solutions national program manager with the National Credit Union Foundation, will facilitate a Life Simulation, which is an innovative simulation designed to help credit union and credit union organization staff understand the difficulties that families living in poverty face.
Foundation FOCUS is a collaborative initiative that allows the Foundation to diversely impact communities. As part of Foundation FOCUS, the Foundation created the Foundation FOCUS Network, people working together to improve the financial well-being in their communities, from preschool to adulthood.
The Summit is being held at the Doubletree Galleria Hotel in Dallas. Sponsorship opportunities are available, and the Friends of Consumer Freedom has already signed on as a sponsor. The fee to attend the two-day program $250. For additional information about the summit, including online registration, please visit www.cscuf.coop/focus_summit.html. If you have any questions, please contact the Foundation, at (800) 953-8283.