Current California Jump$tart News & Press Releases

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Giving Kids 'The Talk' About Money

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August 9, 2009 - (by Kathy M. Kristof, Personal Finance LA Times)

The recession is a perfect time to give children hands-on lessons about how to manage their finances.  David Strauss knew he needed to do a better job teaching his children about money, but the layoff notice he received in January gave it a sense of urgency. "It made the discussions a lot more real," said Strauss, 43, a Boston-based radio station manager.

Knowing that the downsizing was coming, Strauss had already started talking to 17-year-old Daniel and 12-year-old Alexandra about wants versus needs and discussing how the family expected to cut back.  "The kids are interested in talking about money now," he said. "Daniel is getting his first job. Alexandra is about to have a bat mitzvah. It's pertinent to what's going on in their lives."

U.S. Treasury Office of Financial Education

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Michelle Greene
has been appointed Deputy Assistant Secretary of Financial Education for the U.S. Treasury Department, heading the Office of Financial Education. (For point of reference, this is Dan Iannicola’s old job.) In this role, Michelle will also serve as executive director of the President’s Advisory Council on Financial Literacy, and the OFE also administers the Financial Literacy and Education Commission (FLEC). Prior to this position, she was a member of the Obama transition team at the Treasury. 

Warren Buffett Gets Animated With Kids

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July 29, 2009 - (by Nathalie Tadena, ABC News)

Ask Warren Buffett to work with kids and he gets animated - literally. The legendary investor will be starring in "The Secret Millionaire's Club," an online cartoon series that teaches children about financial literacy, debuting in the fall on AOL.

Like Buffett, supermodel Gisele Bundchen, domestic diva Martha Stewart and the late astronomer Carl Sagan, will also be featured in their own series of educational webisodes produced by A Squared Entertainment, a children's media company founded by industry veterans Andy Heyward and Amy Moynihan, in collaboration with AOL.