VCNB sponsors financial literacy program in local schools

AT VCNB we believe that financial literacy is one of the most important tools that we can give a child. That’s why we offer a program called Financial U, provided by EverFi, to area high schools. Financial U is a web-based platform that teaches students practical skills to help them use and manage money as they grow into young adulthood.

Financial U combines the latest technology like video, animations, 3-D gaming, avatars, and social networking to bring complex financial concepts to life for young people. Topics covered include credit score, insurance, credit cards, budgeting, taxes, investing, savings, 401Ks and mortgages.

Teens embrace financial education through Financial U because it combines learning with technology.

Teens embrace financial education through Financial U because it combines learning with technology.

Students are able to apply their knowledge in a virtual environment where they can weigh the consequences of their choices and learn to make good decisions. Assessment data helps the teacher determine where additional classroom learning is necessary.

Essentially, Financial U makes money and finances fun while providing a rich learning experience.

VCNB Marketing Director Audra Johnson said that VCNB offers Financial U to local schools to help shape the next generation of youth into savvy consumers. ”Financial literacy is of critical importance to today’s youth. It teaches them life skills and better prepares them for their future responsibilities. We want the next generation to be savvy consumers and to have the skills to manage their money,” Johnson explained. “Our schools are the perfect access point to reach the young generation Financial U, being a web based platform, is the perfect program to do so,” she said.

Johnson also pointed out that Ohio law now requires financial literacy education at a time when school districts are struggling to stretch their classroom dollars to provide pupils the best quality education. Sponsoring Financial U helps to bridge that gap for school districts.

At this time, VCNB sponsors Financial U in nine schools including Logan, Berne Union, Southeastern, Chillicothe, Vinton County, Canal Winchester, Watkins Memorial, Fairfield Union and Teays Valley. There are plans to expand into additional school districts.

Do your kids understand how to manage their finances? Are they prepared for the financial responsibility that will come after high school graduation? Would you like to see Financial U offered in your teen’s high school? Tell us what you think in the comments section!

 

 

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