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Credit Unions Offer Educators Ways to Teach Financial Literacy to Students

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Monday, May 23, 2016   

SEATTLE – It can sometimes be hard to teach students the importance of understanding how to manage their personal finances.

So, at America's Credit Union Conference next month in Seattle, credit unions are reaching out to give Washington educators the resources to teach financial literacy to the next generation.

Jamie Dedmon, managing director of the Northwest Credit Union Association, says the program will help teachers fill a gap in the curriculum on personal finances.

"The teachers definitely know this is something that their students need, and they have been unable to provide them," she states.

The aim of the course is to give teachers the means to instruct students how to manage everything from savings accounts to student loans after college.

Teachers will receive kits put together by BizKids, a television show that explains economics to preteens and young adults.

Suzanne Klenk, community relations coordinator for the Washington State Employees Credit Union, says when she speaks to young people about money, they often only think about what it can buy them. But she says proper financial education gives them the power of choice.

"Instead of just consumers, education turns them into problem-solvers and stakeholders," she explains.

The starter kits teachers receive will also provide a curriculum for teaching financial education.

Klenk says that's important because education has to be ongoing to make it stick.

"You can't hit seventh graders with a bunch of financial education and think that you've done your job,” she says. “It's got to be a continuing process."

The free event will take place on June 26 at the Sheraton Seattle Hotel.

Washington teacher can reserve kits online at ACUC.CUNA.org/teachers by June 15.





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