A Look at Junior Achievement 

Junior Achievement Provides financial education using volunteers from the community in lessons for kids. I have taught middle school students with lessons that have explain credit. Wow, is this a necessary program! Lesson book cost money and fundraisers are ongoing to expand the offering of these classes in more schools. I am most familiar with the middle school programs and have taught after some modification, the Savvy Shopper lesson. Focusing on cash and credit I would bring my old bag phone (here it is) and explain cash, debit cards, credit cards and the implication of spending decisions.Your twelve year-old doesn’t understand what you mean when she sees cash in your hand but you say “I don’t have money.’ Junior Achievement and in my modified Savvy Shopper lesson , I explain checking accounts, what you can expect to earn at various jobs, expenses, very basic budgets, and the cost of credit and the consequences of ‘buying on time, ‘as it used to be called. I use the bag phone as an example of buying something with credit, owing more than the simply the purchase price, paying well past the item is in fashion or technologically advanced as newer phones- as an example- become more sleek. You continue to pay for a very uncool item. Your budget is smaller as a result and when your friends are having fun you are paying for things you bought years ago.Other middle school lessons include learning about your credit score, choosing a career, and insurance.More classrooms each year want these programs in their schools so volunteers and donations are always needed. Your family or business can help. Contact JA today at:JA of Maine, Inc. 82 Elm StreetPortland, ME 04101Phone: (207) 347-4333Email: [email protected] Web address: Citations: R. Syversen, MBA – [email protected]com Check out our website that includes weekly streaming Voted Bangor’s Best Financial Planning Firm 2008, 2009 & 2010 by Market Surveys of AmericaIn compliance with requirements from FINRA, all e-mail sent via the WSFG domain will be subject to review and archiving by Wall Street Financial Group, Inc. Email management, archiving & monitoring technology powered by Smarsh, Inc. Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc., Norumbega Financial and all other entities listed herein are separate entities, independently owned and operated.