With the rise of the internet, teaching financial literacy to children has never been more important. Ryan Behrens has been leading the charge by educating elementary school students in the Atlanta area through Delta Community Credit Union’s Cool Cash Money Camp. The kids, ranging from 8 to 10 years old, are eager to learn about saving money for future goals and expenditures.
One student, Harmony Latour, is saving up for her mom’s birthday gift, while another student, Margerie Lebron, has her sights set on a trip to Paris and is diligently working towards her goal. These real-life examples illustrate the importance of starting financial education at a young age to ensure a secure financial future. Programs like the one offered by DCCU are crucial in combating the financial illiteracy that plagues many Americans.
According to the Financial Educators Council, the average American loses $1,506 per year to financial illiteracy, highlighting the need for initiatives like the Cool Cash Money Camp. By instilling sound financial habits early on, these students are better equipped to make informed financial decisions in the future. While the class may only last a few hours, the impact on these children’s financial well-being is long-lasting, setting them on a path towards financial security and success.
