Thursday, April 17, 2008

Your Regular Dose Of Financial Literacy!

Bridging the Gap to Financial Literacy Minyanville.com - New York, USA Yet, despite mounting deficits and structural imbalances, the societal need for financial literacy remains largely ignored. Unbeknownst to many, April is ...See all stories on this topic

FINANCIAL LITERACY: Program helps SJ youngsters Cherry Hill Courier Post - Cherry Hill, NJ, USA On Friday, students at Wedgwood Elementary School in Washington Township participated in Junior Achievement financial literacy and work force readiness ...See all stories on this topic

Fighting financial ignorance Moneyweb - Johannesburg, South Africa The link between lack of knowledge and unwise behaviour is so compelling that President Bush has established a new President's Council on Financial Literacy ...See all stories on this topic

U of M's Economics Challenge showcases students' financial literacy
UMN News - Minneapolis, MN, USA Financial literacy, especially among young people, was spotlighted last week in a speech by Federal Reserve Board Chairman Ben Bernanke, who said that ...See all stories on this topic

Financial literacy Forex Hound - New York, NY, USA In addition, research has demonstrated that financial literacy can lead to better outcomes for individual consumers. For example, a study of 14000 ...See all stories on this topic

LendingTree Invited by Congress to Capitol Hill to Advocate ... Biloxi Sun Herald - MS, USA By LendingTree, LLC LendingTree was one of a few selected financial services companies invited to attend Financial Literacy Day on Capitol Hill April 28. ...See all stories on this topic

Monday, April 14, 2008

Ambassador Andrew Young's Statue In Atlanta Kicks Off Today's Daily Dose Of Financial Literacy!

Andrew Young Unveiled!

Local efforts try to improve financial literacy Beaumont Enterprise - Beaumont, TX, USA - The Enterprise Financial advisers are hoping to reach out to young people this April during Financial Literacy Month... See all stories on this topic

When students fail financial literacy, we all fail Bloomington Pantagraph - IL, USA - As noted by Fed Chairman Ben Bernanke, financial literacy is not just important for the individual; it is "of vital importance" to the nation's economy... See all stories on this topic

NH students' financial literacy needs work Boston Globe - United States - CONCORD, NH—New Hampshire students scored above the national average on a financial literacy survey but still below a passing score... See all stories on this topic

HOPE JOINS THE FDIC TO LAUNCH NEW FINANCIAL LITERACY CURRICULUM

Operation HOPE has become the lead partner with the Federal Deposit Insurance Corporation's (FDIC) efforts to launch an important national financial literacy initiative for young adults.

The two entities announced their historic partnership in Washington D.C. today through the delivery of FDIC’s new Money Smart for Young Adults curriculum.

The Money Smart for Young Adults curriculum helps youth between ages 12 – 20 learn the basics of handling their money and finances, including how to create positive relationships with financial institutions. The curriculum is free and can be customized to meet audience needs.

With the Lamond campus of the HOPE Community Public Charter School serving as the backdrop for the announcement, Senior V.P. of Governmental Relations and Public Policy Jena Roscoe, was very pleased with the joint effort.

“HOPE has incorporated some of the key components of Money Smart in our award-winning youth financial literacy curriculum, Banking on our Future, and we look forward to furthering the relationship we have established with the FDIC in 2002.”

Created by Congress in the early 20th century to maintain stability and public confidence in the nation’s financial system, the FDIC insures deposits, examines and supervises financial institutions, and manages receiverships of insured financial institutions.

Monday, April 7, 2008

Silver Rights Ambassador Andrew Young On The Power Of Youth!

US Bank Invests $125,000 To Raise Public Awareness For Economic Empowerment Through "Silver Rights"

Operation HOPE (HOPE) is bringing the “Silver Rights” financial literacy movement to the forefront of America’s national economic agenda, announcing a $125,000 commitment from US Bank.

Partnering with the 6th largest commercial bank in the United States, HOPE’s solid relationship with US Bank builds on the organization’s existing support from an array of financial institutions and government entities.

HOPE is using the funds to boost youth economic empowerment through its Banking on Our Future offices in Los Angeles and Denver, which is consistent with the President’s recently announced policy underlying the establishment of the U.S. President’s Advisory Council on Financial Literacy (USPACFL).

“Operation HOPE has long worked to develop creative solutions that maximize resources for underserved communities and we support those ideals,” said Richard Hartnack, vice chairman and head of Consumer Banking at US Bancorp. “At US Bank, we are always looking for opportunities to support projects that are in line with our goal to strengthen the communities we serve. For us it is another opportunity to use private capital for social good.”

Your Daily Dose Of Financial Literacy!

(HOPE's Customer Appreciation Night)

Media Release: Financial Literacy Foundation Ninemsn - Sydney, New South Wales, Australia A new report on what Australian women think about money was launched today by Mr Paul Clitheroe, Chairman of the Financial Literacy Foundation's Advisory...

Refuge as financial storm clouds loom Camden New Journal - London,UK Debt counsellors help those already in trouble and the service runs free monthly financial literacy workshops. With the economy in the doldrums and prices.

Student Financial Counseling (Outside the Aid Office)Inside Higher Ed - Washington, DC, USA Group sessions are more about financial literacy, with topics including “Budgeting: Making the most of your money,” and “Good debt, bad debt: The truth...

Money week aims to improve financial literacy Quad City Times - Davenport, IA, USA With his Southern drawl still very much evident, Rousse used his personal story to drive home the importance of financial literacy as he helped the...

Student essayists discover importance of financial literacy commercialappeal.com (subscription) - Memphis, TN, USA By David Flaum (Contact) When Christian Duncan and Alex Bubb started work on their entries for the Financial Literacy Essay contest, neither knew much about....

Women-friendly finance tips launched The Financial Standard - Sydney, NSW, Australia A federal government survey found women are more interested in financial literacy than men, prompting the government to develop an education series tailored towards them...

Investing Joins 3 R's at Unusual School In Chicago Focused On Financial Literacy

Like their peers elsewhere, the students at a one-of-a-kind public elementary school on the South Side of Chicago are dazzled by pop-culture stars — Beyonce and Common, Kanye West and Lil' Wayne, LeBron James and Dwyane Wade.

Listen closely to the hallway chatter at Ariel Community Academy, though, and you may hear unexpected references to uncool dudes like Warren Buffett and Bill Gates. After all, these kids have their portfolios to worry about.

The Ariel school is an experiment in financial literacy with real-life oomph: Each incoming first-grade class gets $20,000 that the children ultimately get to pick stocks for and manage.


The goal is to add an I — investing — to the three R's, according John Rogers Jr., chairman and chief executive of Ariel Capital Management, the Chicago-based money management firm that established the school in 1996.

Experts say easy credit, aggressive marketing and the dizzying array of financial products and cashless spending options have led many American consumers astray, making it more essential than ever for kids to learn about money.

Iowa State University professor Tahira Hira, a member of the newly formed President's Advisory Council on Financial Literacy, is among those advocating that personal finance be required teaching at every elementary school.

"People who were brought up with some lesson in saving or borrowing act differently than those who weren't," Hira said. Opening bank accounts for children, buying them stock in a fast-food company or the company that makes their favorite toy, teaching them to spend some, save some and give some away when they receive cash as a gift — "our research shows that all those things do matter," she said.

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