skip to main content
skip to newscasts

Thursday, September 19, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

U.S. gender wage gap grows for the first time in a decade; Trump has embraced NC's Mark Robinson, calling him 'Martin Luther King on steroids; Volunteers sought as early voting kicks off in MN; Women's political contributions in congressional races fall short of men's.

view newscast page
play newscast audioPlay

Rising threats of political violence, a Federal Reserve rate cut, crypto industry campaign contributions and reproductive rights are shaping today's political landscape.

view newscast page
play newscast audioPlay

A USDA report shows a widening gap in rural versus urban health, a North Carolina county remains divided over a LGBTQ library display, and Minnesota Gov. Tim Walz' policies are spotlighted after his elevation to the Democratic presidential ticket.

Rock Band Brings Message About Money to Missouri Kids

play audio
Play

Monday, October 10, 2016   

WASHINGTON, Mo. — It may sound like a strange combination, but a rock band is mixing music and a message about financial literacy to reach kids with a valuable life lesson.

The band Gooding will perform a couple of shows in Missouri in October as part of a 60-date nationwide tour of high schools aimed at getting a message out to kids about saving money and avoiding payday or "same-day" loans to get by.

The concerts are part of the Funding the Future program, and the band's frontman, who also goes by the name Gooding, said the earlier kids learn how to handle money, the less likely they are to make life-altering mistakes.

"We've heard so many stories about people who are working hard and just getting these weird cycles of debt, and 1,000 percent interest and some of these same-day lenders,” Gooding said; “all these kind of things where you're not going, you know, slow and steady."

The band members perform and then they talk to students about their own personal stories about handling money. They will be at St Francis Borgia Regional High School in Washington on October 24, then at the Federal Reserve Bank and Prohibition Hall in Kansas City on the 28.

Gooding said kids need to know that things like winning the lottery or signing a big sports or record contract can be a good dream to have, but it isn't likely to happen.

"I was one of those kids who believed you either have to be a rock star or a sports star, and you know you gotta get famous overnight - all this hype you see on television,” Gooding said. "And we're really there to say, 'Look, we're a rock and roll band and a lot of great stuff has happened to us, but it took us a while and we're still a small business.' "

Gooding said it's important for young people to avoid getting caught up in so-called payday loans with super-high interest rates, which he sees as one of life's biggest financial traps. They're regulated on a state-by-state basis, with some states allowing annual percentage rates of up to 1,400 percent.

In Missouri, payday lending is regulated but not prohibited.






get more stories like this via email

more stories
Recipients of the Greenhouse Gas Reduction Grant can now access funding to drive financing for thousands of climate-focused and clean energy initiatives. (bilanol/Adobe Stock)

Environment

play sound

Michigan's most vulnerable communities are receiving federal funding to fight the devastating effects of climate change. It's part of the $27 billion …


Health and Wellness

play sound

September is Health Literacy Month, and a Denver-based group is working to help health professionals break a persistent pattern of discrimination …

Environment

play sound

A new report contends fossil fuel funding has biased Columbia University's climate research. The report, by two Columbia students, shows the …


Alabama releases roughly 220,279 men and 78,247 women from its prisons and jails each year. (Chad Robertson/Adobe Stock)

Social Issues

play sound

An Alabama woman is on a mission to help people who've been incarcerated for decades successfully transition back into society. The mission to …

Health and Wellness

play sound

In North Carolina, the gap between Medicaid reimbursement rates and the actual cost of dental care has reached a crisis point, impacting both …

So far in 2024, community health centers in North Dakota have screened 11,580 patients for food insecurity. Through those screenings, more than three thousand box meals have been distributed. (Adobe Stock)

Social Issues

play sound

September is Hunger Action Month. In North Dakota, it isn't just food banks trying to help underserved populations get nutritious items. Health …

Environment

play sound

Marine biologists conducting deep dives near five California islands are collecting data they hope will strengthen the case for ending gillnet fishing…

Environment

play sound

Researchers at Iowa State University are taking aim at the huge amount of energy used by data centers, now and in the future. They have developed a …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021