Why Money Camp for Kids?
- Fastest growing bankruptcy age groups are under 25 and seniors
- Our national savings rate is at zero or less
- Approximately 75% of Americans live financially month to month.
- Less than 10% of high school graduates receive any financial education in school
- Growing average debt of college graduates: $5K and up (depending on study)
- More kids watching their parents file for bankruptcy than file for divorce
- Increase in number of young adults living at home because they simply can't or don't know how to make it on their own.
- More people filing for bankruptcy than graduating from college this year.
| What is Money Camp?
Campers aged 10-13 are purchasing assets, building passive income streams, and allocating their budgets while having fun at the same time. After 12 hours campers walk away with a ?wealth? of information! Do you know that many employees work from January through May to pay government taxes? Campers will learn the value of becoming an employee, choosing self-employment, or owning their own large business. Setting a plan for the future usually gets you there. Campers will be asked to create their short and long term goals as a result of their work.
This camp focuses on the basic principles of money and how money flows in our economy, banking, and basic investing. During the camp we address that beliefs and attitudes developed early on in life about money have a powerful effect on our financial future. Lastly, the idea that money does not buy happiness, it is just a tool to use to become financially independent is emphasized.
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Interested in learning about what and when to teach your children about money? Join our Parent Workshops! |
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