Students learn importance of saving

March 3, 2009 3:15:28 PM PST
The economic crisis has everyone looking at how they spend money a little differently. It also has people taking a little more time, learning about financial responsibility, and it's never too early to learn about those lessons.

Now some local students are learning about the importance of saving.

It is no problem for these students to pay attention, in their workshop on financial literacy.

"I think it's very important to know about it because I think ill-informed decisions is what got us into this economic crisis in the first place," said Behzat Aktash.

As the financial markets struggle, and the housing market grows worse, the students study how to save and invest, and how to understand the financial crisis.

"The economy is bad; are you...do you want to go into agressive stocks the way it is now, or do you want to save it, put it in a CD, beat out inflation and invest it later?" asks Joseph Cox.

Weekly sessions like are developed by the organization, Junior Achievement. Sometimes students learn through role playing.

"And we learn about marketing, too; how to market a product, how to market a business and ultimately, how to market yourself through resumes and cover letters," said Andrew Horowitz.

Bryant High has worked with Junior Achievement for five years.

"One of the most important things we want to get across, particularly in financial literacy, is to be financially responsible; and the recent events in our economy can tell you that that's going to be a very important message to get across for a very long time," said Doug Schallau, the Junior Achievement President.

Officials at Junior Achievement say they support the expansion of programs like this, no matter who runs them, to reach as many students as possible, teaching them how to survive the economic problems of the future.

Web Produced By: Scott Curkin


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