ABA: Foundation Seeking Banks to Host 10th Annual Lights, Camera, Save! Video Contest
The American Bankers Association Foundation is urging banks across the country to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create a video up to 90 seconds that demonstrates…
HUD: Initiative Launches to Prevent and End Homelessness Among Young People Aging Out of Foster Care
‘FYI’ Initiative to offer housing vouchers to at-risk young people facing homelessness U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a new initiative to target housing assistance to young people aging out of foster care and who are at extreme risk of experiencing homelessness. HUD’s new Foster Youth to Independence (FYI) Initiative will offer…
ABA: Bankers Celebrate 22 Years of Teach Children to Save
April 12 marks Teach Children to Save Day, volunteers to reach estimated 330,700 students More than 9,850 bankers will host financial education events across the country in celebration of Teach Children to Save Day this year. Since 1997, the ABA Foundation’s financial education initiatives have reached 10.5 million young people with the help of more than 260,000…
ABA: Indiana Teen Named Grand Prize Winner of National “Lights, Camera, Save!” Video Contest
Luke Wiley, a 17-year-old student from Greenwood, Ind., is the national winner of the American Bankers Association Foundation’s Lights, Camera, Save! video contest. Lights, Camera, Save!, which launched in 2010, is a unique national competition that encourages kids to use video to communicate the value of saving and motivate their peers. This year, 131 banks…
CFPB: The 2018 Financial Literacy Annual Report Sums Up a Year of Achievements in Financial Education
Financial education is a critical part of the Bureau’s mission to empower people to take more control over their economic lives. The 2018 Financial Literacy Annual Report details how the Bureau works toward this goal by: Providing financial education directly to the public, and by expanding local delivery of financial information Sharing research on effective financial…
CFPB: New Financial Education Resources to Help Teachers Bring Youth Financial Capability into the Classroom
As children grow, their potential to manage money and understand financial concepts grows as well. The knowledge, skills, and behaviors kids learn when they’re young lay the groundwork for their financial well-being as adults. Schools and teachers play a critical role in financial education. But, we know there are challenges to bringing financial education into…
ABA: Foundation Seeking Banks to Host 9th Annual Lights, Camera, Save! Video Contest
The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create a video up to 90 seconds that demonstrates…
CFPB: Measuring a Child’s Progress on the Building Blocks of Financial Capability
Developing financial capability during youth is an important stepping stone on the path to adult financial well-being. Financially capable individuals have healthy money habits, stick to plans, and apply their knowledge and skills to successfully complete financial tasks. Financial capability is developed over time and is marked by milestones on the path to financial well-being….
CFPB: Strengthening the Financial Future of America’s Young Workers
Each year, millions of young adults enter the workforce and take the first steps toward building their financial futures. Since 2014, the Bureau has worked to help job training programs prepare young adults for the key financial decisions that come with their first paycheck. Through this work, the Bureau has heard from youth employment programs…
ABA: 6 Smart Money Moves for New College Graduates
More than 70 percent of college graduates began their career owing more than $37,000 in student loans in 2017. Considering the additional living expenses they’ll soon face, new college graduates would be wise to focus on their financial future right now, says the American Bankers Association. ABA has highlighted six smart financial decisions college graduates…