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As summer comes to an end and America’s high school students get ready to hit the books, the Independent Community Bankers of America® (ICBA), the nation’s community bankers and the Jump$tart Coalition for Personal Financial Literacy want to put students on the path toward financial proficiency.
“Getting information and hands-on money management experience at the high school level helps students better control their finances as adults,” said ICBA Chairman Scott Heitkamp, and president and CEO of ValueBank Texas in Corpus Christi, Texas. “Community banks across the country are available to help students and their parents establish fiscally responsible habits.”
Studies show that financial education in the classroom, coupled with parental support at home, have the greatest impact on improving students’ financial literacy. “Our partners—including ICBA—provide resources and guidance to support financial education students may get in the classroom or at home,” said Laura Levine, president and CEO of the Jump$tart Coalition. “Parents can incorporate their own values and household circumstances into the learning, which reinforces personal relevance and the importance of building good financial habits.”
ICBA and Jump$tart Coalition offer the following tips to high school students and their parents on shoring up money management skills:
About ICBA
The Independent Community Bankers of America®, the nation’s voice for more than 5,800 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit ICBA’s website at www.icba.org.
About Jump$tart
The Jump$tart Coalition is a Washington, DC-based nonprofit organization that seeks to improve the personal financial literacy of students in pre-kindergarten through college. Jump$tart’s nearly 150 national partners and 51 affiliated state coalitions work individually and collectively to educate and prepare our nation’s youth for life-long financial success. Jump$tart is the original promoter of April as Financial Literacy Month and publisher of the National Standards in K-12 Personal Finance Education. For more information about the Jump$tart Coalition, go to jumpstart.org or follow us on Facebook and Twitter.