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At our Member Meeting in San Diego on April 23rd we recognized two teachers with our Educator Awards and a community leader for his work in furthering financial education. Chuck Currier from Mira Costa High School in Manhattan Beach and Martin Santiago from Pittsburg High School in Pittsburg received recognition awards for their work in bringing personal financial education into their classrooms. With the awards, they received $2,500 for their school's financial education programs from Citi.

The Leadership Award went to John Liotti, founder of Northern California Urban Development and its Youth Initiative for financial literacy training; and a leader in founding Community Trust Credit Union of East Palo Alto.
Congratulations to the three Award Winners!!

April 26, 2009 - (by Claudia Buck, The Sacramento Bee) - For the 20 or so high school seniors in Matthew Pesci's class at Laguna Creek High School, Wednesday's lecture was real life.  

The kind with dollars and cents attached: How to avoid overdraft fees. How to keep from bouncing checks. How to maintain a savings account. How to stay out of debt.  The college-bound seniors even practiced writing a check – of $1.

The money talk, by two Tri Counties Bank managers in Elk Grove, is one of thousands being delivered by bankers to K-12 students nationwide. It's part of an American Bankers Association effort to reach 1 million students in April, which is Financial Literacy Month.

 

The Council for Economic Education (The Council) is soliciting applications from qualified organizations seeking to promote economic and financial literacy among students in kindergarten through grade 12. In 2004, the United States Department of Education’s Office of Innovation and Improvement designated the Council as the sole agency to implement the Excellence in Economic Education (EEE) Program. Now in its sixth year, the Council is pleased to announce a new opportunity to apply for funding for projects during 2009-2010. The application deadline is June 2, 2009. 

ONLINE APPLICATION
Please go to http://www.councilforeconed.org/eee/ for general information on the Excellence in Economic Education Program RFPs for each of the sub-grants, and information about applying online.

Junior Achievement of Southern California : As JA Finance Park is into its second year of operation, we are excited to report that over 8,000 students are expected to visit the facility this year!  The need for financial literacy education is clear, now more than ever, and teachers across Southern California are heeding the call as they deliver the in-class JA Finance Park curriculum. Your participation is needed during the culminating experience at JA Finance Park.  We are looking for both individuals and company volunteer groups.  As a volunteer, you will work with a small group of students as they become "adults for the day"and experience the realities of creating and maintaining a personal monthly budget. To volunteer register: https://secure.imodules.com/s/1019/index.aspx?sid=1019&pgid=589&cid=1174&gid=1&

 

March 15, 2009 - (by Andrea Coombes) - If personal finance were a high-school graduation requirement, would we have avoided the current financial crisis? Probably not. But a higher level of money smarts among American consumers might have ameliorated some of the problems we're seeing today.

"You don't blame the victims for what happened, but you also recognize that fewer people would have been hurt if they had known a little bit more," said Laura Levine, executive director of the JumpStart Coalition for Personal Financial Literacy, a Washington-based financial-education advocacy group.

 

January 30, 2009 - Peter G. Peterson Foundation -

The Peter G. Peterson Foundation and MTV's 24-hour college network mtvU are proud to announce that 25-year-old Brian Haveri of Milburn, NJ, who graduated from Lehigh University, has won the InDebtEd Digital Challenge and a $10,000 prize. The InDebtEd Digital Challenge invited young people aged 18-28 to submit creative, original ideas for an online video game that focuses on the nation's fiscal crisis. Haveri's concept will be developed into a game that will be used to spread awareness of the country's dangerous financial condition and encourage young people to take action to turn the tide.

The Peter G. Peterson Foundation and MTV's 24-hour college network mtvU are proud to announce that 25-year-old Brian Haveri of Milburn, NJ, who graduated from Lehigh University, has won the InDebtEd Digital Challenge and a $10,000 prize. The InDebtEd Digital Challenge invited young people aged 18-28 to submit creative, original ideas for an online video game that focuses on the nation's fiscal crisis. Haveri's concept will be developed into a game that will be used to spread awareness of the country's dangerous financial condition and encourage young people to take action to turn the tide.

December 16, 2008 - The Richard Myles Johnson (RMJ) Foundation, the state foundation for credit unions in California and Nevada, recently gave out four grants totaling $138,850 for various youth financial literacy efforts. A Community Service grant of $100,000 went to Biz Kid$, while ByDesign Financial Solutions received $35,000.  Sacramento District Postal Employees Credit Union received a $3,000 grant and Travis Credit Union received $850.

December 5, 2008 - Silver Spring, MD – Every young boy and girl wants to be a millionaire when they grow up, but just how might they go about getting from point A to point B? The National Foundation for Credit Counseling (NFCC) is providing students with the opportunity to contemplate that thought and express it through art.

In an effort to spread lessons in financial literacy to our nation’s youth, the NFCC is once again
sponsoring the Be Money Wi$e National Financial Literacy Poster Contest for 2009.

November 26, 2008 - (by Steve Rosen, The Kansas City Star, Kansas City, MO) -- The best offense is a good defense.  As I mull over the billions of tax dollars being spent to clean up the subprime mortgage mess, I keep thinking there must be a better way to put those financial resources to work.
My suggestion: Redirect part of that money into educational programs to teach the younger generation about adjustable-rate mortgages, credit cards, investing and other financial skills.

It may not be the American way, but I think it's far better to prevent the problem than to try to fix it after the damage has been done. And while it may be difficult to prove, I think exposing students to financial education before they graduate from high school will save society money in the long run from the likes of credit card woes, bankruptcies and family stress brought on by money issues.

November 7, 2008 - The third annual America Saves Week is scheduled for February 22-March 1, 2009, and early reports indicate that the Week will have more participation and a broader reach than ever before.
 
Activities for America Saves Week 2009 are being coordinated by the America Saves campaign and by the American Savings Education Council, who are working with a large coalition to promote the savings message and foster better savings behavior. Among the many companies, agencies and organizations committed to participating are the Cooperative Extension Service, WorldatWork and the Department of Defense.