One of the major objectives of the New York Credit Union Foundation (NYCUF) is promoting consumer financial education-in particular, youth financial education.
The NYCUF currently has five exciting programs designed to help parents and educators in schools and community-based organizations improve the financial literacy of youth aged five and up throughout New York State: The National Endowment for Financial EducationŽ (NEFEŽ) High School Financial Planning ProgramŽ (HSFPP); brass|STUDENT PROGRAM; LifeSmarts; bizKID$; and Kid's Cash Kit and Caboodle.
Why does NYCUF consider youth financial education to be so important?
A Gallup poll shows:- 76 percent of adults believe that providing financial guidance for children is a moral responsibility
- 65 percent of adults have no idea how to do that
- 94 percent of students turn to their parents for financial information
- 61 percent of parents say that parents and schools should share the responsibility for children's financial education
However.
Additionally, according to the American Savings Education Council:
By assisting the next generation of consumers, NYCUF gives young people the knowledge they will need to begin making key financial decisions for themselves. And, you can help. Program sponsorships are available for each of the programs listed.
NEFEŽ HSFPP
bizKID$-National Underwriting
brass|STUDENT PROGRAM-New York
LifeSmarts-New York State Competition
Kid's Cash Kit & Caboodle
For more information on the programs, click on the links below. To learn how you can help, e-mail Executive Director, Diane LaVigna-Wixted, Diane.LaVigna-Wixted@cuany.org or phone her at (800) 342-9835, ext. 8186.
