In your table groups, make a list of the top 3 steps you would take to help these students. Create a flipchart of your steps
Share out by table groups
You have 5 minutes
Spend $175 billion per year
21% credit card access
6% have ATM cards
“ In the dark” on money topics*
“ F” for financial literacy**
More than 70% have spoken with teens about credit
But only 44% of teenagers say their parents have talked to them*
75% of adults say it's important for adults to give financial guidance to children and teenagers while only 36 percent of adults actually do so.***
88% of parents say it’s important to guide child's money use***
Only 26% feel prepared***
Why Teens and Parents Need Bank It *National Adult Financial Literacy, Research Overview, David Godsted and Martha Henn McCormick, 2007 **The Financial Literacy of Young American Adults, The Jump$tart Coalition for Personal Financial Literacy, 2008 ***Scales, P. C., Benson, P. L., & Roehlkepartain, E. C. (2001). Grading grown-ups. Minneapolis: Search Institute.
What is Bank It? Real-world topics and tools to help teens and parents improve the quality of conversations about topics Multimedia In-person workshop Interactive Web site
Through Bank It, Parents and Teens Will:
Learn how to make positive money choices—starting now.
Become more comfortable with talking about and managing money.
Discover how to avoid common money traps.
Identify easy steps to reach their financial dreams.
Find people and resources to support them in making money choices.
Who is the audience?
Parents or other Caring Adult in a teens life
Teenagers (grades 6 to 12)
Volunteers (workshop leaders and community partners)
Overview of Workshop Options 12 Money Topics 3 Workshops per Money Topic L evel 1- Introductory Level 2- Going Deeper Level 3- More Advanced Talk Well Dream Well Invest Well Earn Well Give Well Budget Well Borrow Well Live Well Protect Well Save Well Spend Well Move Forward Well
Talk Well Module
Visit: www.bankit.com for access to the workshop leader materials and the Teen and Parent spaces.