Financial Education Training Session Offered

Money management is a crucial skill that every young person should learn, but only 29 percent of teachers nationwide are teaching financial education, and fewer than 20 percent feel “very competent” to teach personal finance topics.*
 
July 12, 2011 - PRLog -- TICONDEROGA, NY – Money management is a crucial skill that every young person should learn, but only 29 percent of teachers nationwide are teaching financial education, and fewer than 20 percent feel “very competent” to teach personal finance topics.*

The Ticonderoga Federal Credit Union (TFCU) is working to change this trend by encouraging local teachers and other community volunteers to attend a financial education training session, hosted by the New York Credit Union Foundation on August 3, 2011.  The one-day training session will take place from 8:30 am – 4:00 pm at the Holiday Inn on Wolf Road in Albany, NY.  

Attendees will:

•   Participate in beginner or advanced sessions about the National Endowment for Financial Education® (NEFE)’s award-winning High School Financial Planning Program (HSFPP)
•   Hear from two keynote speakers on personal finance strategies and tips for financing higher education
•   Explore the latest financial education resources and network with educators and resource providers

“We know that budgets are tight, and that many teachers may not have the funds or other resources to teach financial education.  By providing them with the materials and support they need, we’re helping to fill that gap,” said Shawn Hayes, TFCU President & CEO. “It’s just one way TFCU is helping to advance financial literacy in our community.”

About NEFE HSFPP: The free, interactive curriculum teaches teens a series of critical skills, such as how to make a personal financial plan and budget, how to manage credit, how to use financial services and how to adapt their lifestyle and habits to meet financial goals.

Who should attend: The training session is beneficial for teachers (e.g., business, social studies, economics, family/consumer sciences and math), home-school educators, cooperative extension educators, financial counselors and youth practitioners from community-based organizations, religious groups and state agencies.

Registration: The registration deadline is July 20, 2011.  The cost to attendees of $25.00 per person includes breakfast, lunch and all course materials. To register, complete the online form at; http://www.nycuf.org/financial_education/FEST2011.php

TFCU offers membership to persons who live, work, worship or attend school in, or businesses or legal entities located in Essex County, Washington County or the Towns of Hague, Horicon and Chester.  For information on becoming a member of the TFCU, or for financial education resources, visit www.tfcunow.com

* Teachers’ Background & Capacity to Teach Personal Finance study, published in July 2010 by the National Endowment for Financial Education.

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If you’d like more information about this topic, or to schedule an interview, please call Kate Thompson at 518-585-6725 or email Kate at kthompson@tfcunow.com
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