‘Money Month’ teaches students to be financially savvy

Debbie Hoey, bank manager of First National Bank of the Rockies, explained the importance of making good financial decisions to kindergarten students at Dos Rios Elementary School Tuesday morning.



Volunteers from many Mesa County banks volunteered to teach children about financial basics as part of School District 51’s “Money Month.”

“Most aren’t learning financial basics,” said Jessica Klement, a volunteer from First National Bank of the Rockies, “They need to be taught early about financing and that it’s important to save.”

Klement and Bank Manager Debbie Hoey visited the kindergarten classes at Dos Rios Tuesday morning where they taught children about earning, buying and saving.

They discussed the many ways that people earn money in hopes of making them understand that money wasn’t just something that lined their parent’s pockets.

“It’s important to teach kids why parents can’t buy everything for them,” said Mrs. Peyton, kindergarten teacher.

Peyton said she hopes that local banks and the school district will have a money program annually so that the lessons the children learn will “build on each other.”

The students listened to a story about three children saving money to go to the carnival. Two did their chores and saved, while one did his chores but spent needlessly on ice cream. He did not get to go to the carnival with his friends.

“We have to decide when we want to spend money and what we really want— every single day,” Hoey explained to the children.

Then, Hoey gave the kids 10 pennies. They could purchase stickers with the money, or they could save it. She rewarded the savers.

There have been many guest speakers discussing the importance of making good financial decisions in classrooms across the valley in accordance with the American Bankers Association Education Foundation’s “Teach Children to Save” program, according to Christy McGee, communications specialist for School District 51.

“We’ve brought bankers into the classroom to talk about their personal experiences and what money looks like in the real world,” McGee said.

The program was kicked-off by U.S. Bank and supported by many Mesa County banks and over 100 community businesses. Guest speakers gave presentations to students from kindergarten through high school.

 

 

 


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