Community Spirit Bank Educates Students Through Money$mart
References: reuters & communityspirit.bank
The Community Spirit Bank, in partnership with award-winning EverFi Financial Literacy Program, is delivering online financial education courses to nine area schools in the United States. Dubbed 'Money$mart,' the intent behind the initative is to shape the way youngsters think about money. From management and savings to investments and spending habits, nowadays it is extremely important for individuals to be financially literate.
By offering these online financial education courses to students in high schools, Community Spirit Bank is able to make a strong impact at an early stage. Thus, strong responsibility with money is instilled in young minds, granting them knowledge on how to be more frugal in early adulthood.
In operation since 2013, the Money$mart project has had a reach of over 2,800 students, with over 21,328 learning modules that total at around 15,500 hours.
By offering these online financial education courses to students in high schools, Community Spirit Bank is able to make a strong impact at an early stage. Thus, strong responsibility with money is instilled in young minds, granting them knowledge on how to be more frugal in early adulthood.
In operation since 2013, the Money$mart project has had a reach of over 2,800 students, with over 21,328 learning modules that total at around 15,500 hours.
Trend Themes
1. Online Financial Education - Opportunity to provide accessible financial education through online courses.
2. Financial Literacy - Increasing awareness about the importance of financial literacy at an early stage.
3. Partnerships with Education Institutions - Collaborating with schools and institutions to deliver financial education to students.
Industry Implications
1. Banking - Banks can develop online financial education programs to promote financial literacy among young people.
2. Education - Educational institutions can partner with financial institutions to offer online financial education courses.
3. Technology - Technological advancements can be leveraged to develop interactive tools and platforms for online financial education.
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