RIVERDALE, Utah–In celebration of National Financial Literacy Month, America First Credit Union (AFCU) reported it will be awarding 10 classroom parties to local schools.
AFCU said it “strongly believes that teaching the next generation about smart money management and good monetary habits can put them on the path to financial success.”
To nominate a class, simply write a brief essay or recorded video about why financial literacy is important. The essays and videos can be submitted through AFCU’s website through April 30.
“When it comes to managing money, education is the foundation to understanding the ins and outs of finance,” the credit union said. “A report from the National Financial Educators Council shows that 38% of individuals in a recent survey said their lack of financial literacy cost them at least $500 in 2022, including 15% who said it set them back by $10,000 or more—up from about 11% in 2021.”
Program is Free
To aid in financial literacy in the community, AFCU noted it offers a free program, FUNDamentals, a customizable, financial literacy program created for kindergarten through 12th grade students and teachers.
“Our goal is to make financial literacy easily accessible to educators and students,” said Thayne Shaffer, president and CEO of America First Credit Union. “FUNDamentals is designed to make learning about finances fun and engaging. By teaching youth about money matters, we can help put them on the path to financial success.”
What’s Included
According to America First, the program includes various full-lesson plans for K–fifth and sixth–12th grades covering topic areas that address 10 of the most important critical life skills, including spending, saving, getting a loan, and other financial subjects.
The credit union said lessons are aligned with Utah State Financial Literacy graduation requirements.
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