Money Matters

  • Location
    EDISON, New Jersey
  • Status
  • Age Level
    8 to 10 Years
    11 to 13 Years

The Problem

In the town where I live, many of the first and second-generation immigrant kids lead a more financially comfortable lifestyle due to their parents being well established. However, it is very critical for the younger generations to understand the importance of financial responsibility and literacy and be able to handle their own finances well as they grow. The public schools around this area focus a lot on stem but are missing a financial literacy program. I believe that if our generation is uneducated about the basics of finance or doesn’t have any financial literacy, it may cause them problems in the future, similar to what our parents had to go through.

Our Plan

I am proposing to organize a workshop series (3-4 sessions), hopefully in our local public library to provide access to everyone, that will teach kids, 8-13 years old, in all kinds of situations, about financial literacy, and the fundamentals of how to manage their money at their age and moving forward. This includes setting financial goals and budgeting, saving and investing, managing debt, borrowing, and financial risk by listening to guest speakers, watching presentations, and completing activities.

Themes Addressed

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    Community Enhancement
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    Economic Issues
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The Benefit

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