Financial Education for Teens: Teen Earns Scholarship and Advocates for Financial Literacy
When teens learn about financial literacy, they’re better prepared to avoid debt, budget and save, and understand how money management can provide the foundation for a great financial future. Club teen Sierra M., a high school senior from Milwaukee, Wisconsin, is ready to do just that.
Sierra was recently named the 2022 National Money Matters Ambassador from Charles Schwab Foundation and Boys & Girls Clubs of America. She also received a $5,000 scholarship toward her college education.
Sierra attends Boys & Girls Clubs of Greater Milwaukee and is involved in numerous sports such as cross country, basketball, and track and field at her high school. Sierra is an active member of her school’s student council and passionate about theatre. Following high school graduation, she plans to major in Biomedical Sciences and become an emergency room physician’s assistant.
“The Money Matters program taught me how to save money through various hands-on activities, which is how I learn best. I could see how these financial planning and budgeting tips work in the real world – not just on paper,” said Sierra. “The program changed my perspective on money and helped me create a plan for my future.”
Money Matters includes more than 20 lessons for a classroom setting, digital resources and an interactive, group experience that encourages teens to examine how financial decisions impact their future selves. The Money Matters program teaches lessons on budgeting, saving, goal-setting and other behaviors that can lead to career readiness, lifelong financial stability and overall success.
In addition to Sierra, 10 other Boys & Girls Club teens will receive $2,500 scholarships for their outstanding personal finance leadership skills.
- Christina A., Boys & Girls Clubs of the Los Angeles Harbor (San Pedro, California)
- Brenda S., Boys & Girls Clubs of Greater Milwaukee (Milwaukee, Wisconsin)
- Frydda L., Boys & Girls Clubs of the Los Angeles Harbor (San Pedro, California)
- Oluwaseleriayo I., Boys & Girls Clubs of Greater Milwaukee (Milwaukee, Wisconsin)
- Diana R., Boys & Girls Club of the Los Angeles Harbor (San Pedro, California)
- Mark M., Boys & Girls Clubs of Mississippi (Iuka, Mississippi)
- Caasi W., Boys & Girls Clubs of Greater Milwaukee (Milwaukee, Wisconsin)
- Zoe G., Boys & Girls Clubs of Greater Milwaukee (Milwaukee, Wisconsin)
- Van Bawi T., Boys & Girls Clubs of Greater Milwaukee (Milwaukee, Wisconsin)
- Daisy F.G., Boys & Girls Clubs of Greater Milwaukee (Milwaukee, Wisconsin)
Through Money Matters, Boys & Girls Clubs of America and Charles Schwab Foundation have awarded $670,000 in scholarships to Boys & Girls Club teens.
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