Designed to promote financial responsibility and independence among pre-teen and teen club members, the Money Matters program helped the kids to build their money management skills.
Over the course of five weeks, eight Boys and Girls Club members learned how to manage a checking account, budget, save and invest. They also learn about starting a small business and paying for college.
“The Money Matters program goes beyond the basic elements of earning money and saving it. The kids learned about credit cards as well as about a variety of investment vehicles that would put their money to work and give them a good return. They also learned how to budget and better control their spending. When kids learn these lessons at a young age, they become financially successful adults,” noted Joanna Degnan who is a CPA at Price Waterhouse Coopers and led the program.
“I have learned so many things in this class. I have even taught some to my family. The thing I enjoyed the most was learning about the credit cards,” said 12-year old Marshfield resident Ben Quimby of the Money Matters program.