BANKERS TEACH TEENS CRITICAL CREDIT
LESSONS
New ABA Resource Kit Helps Bankers
Connect with Hard-to-Reach Teen Audience
October 2007
Washington, D.C - A recent
Capitol One survey found that 80 percent of teenagers
believe that learning the basics of money management
now will benefit them in the future, yet 86 percent
have never taken a personal finance class in school.
Last year, more than 500 community, regional and national
banks took the message of using credit wisely to nearly
65,000 young people in places as varied as Pittsburgh,
Pennsylvania, Tupelo, Mississippi, and Sioux Falls,
south Dakota.
On Thursday, October 18, bankers
across the country will help local teens and young adults
prepare for adult financial responsibilities by participating
in the 5th annual Get Smart About Credit Day, a financial
education event sponsored by the American Bankers Association
Education Foundation. On Get Smart About Credit Day,
more than 1,000 volunteer bankers across the country
visit colleges, high schools, youth groups and continuing
education classes to teach students how to use credit
wisely.
Get Smart About Credit Day
lessons focus on the fundamentals of credit, including:
The Get Smart
About Credit lessons meet more than 60 nationally recognized
educational standards. Materials also align with aspects
of the Jump$tart Coalition's Personal Finance Standards
as well. GSAC Day is sponsored by the American Bankers
Association Education Foundation, a non-profit committed
to helping bankers create financially literate customers
and communities.
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