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ADVISORY/Kids in Harlem Learn Their Financial A, B, C's on National Teach Children to Save Day.


Business Editors/Education Writers

ADVISORY...For Thursday (April 10)

--(BUSINESS WIRE)

Citibank


WHO:     Fifth and Sixth Graders from New York City's Harlem Community
         Bill Brown, Citibank Regional Manager

WHEN:    Thursday, April 10 at 4:00PM.

WHERE:   Harlem YMCA, 180 West 135th Street, NY, NY
         Session takes place in the Little Theater

PRESS REGISTRATION: Helen Steblecki, 718-248-4694



On April 10, 5th and 6th graders from the Harlem community will learn their financial a, b, c's on National Teach Children to Save Day. Citibank Regional Manager, Bill Brown, will teach the kids about money through a lesson that includes fun activities and games.

These students who attend an after school program at the Harlem YMCA YMCA
 in full Young Men's Christian Association

Nonsectarian, nonpolitical Christian lay movement that aims to develop high standards of Christian character among its members.
 will join thousands of kids across America Kids Across America (KAA) is a network of non-profit Christian summer camps located in Golden, MO. It is a sports camp for urban youth, divided into four individual camps largely based on camper age.  on National Teach Children to Save Day, sponsored by the American Bankers Association The American Bankers Association (ABA) is comprised of banks and other financial institutions. It seeks to promote the strength and profitability of the banking industry by Lobbying federal and state governments, building industry consensus on key issues, and providing products and  Education Foundation. On this day, bankers visit classrooms to teach kids basic lessons about savings and money management.

Savings Day and financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK.  awareness is important because young Americans are spending billions every year without any financial education. "Tweens" spend and influence billions of dollars each year, and the average teenager spends more than $100 per week. Surveys also show that 85 percent of students do not have access to personal finance education in schools.

In testimony before Congress, Federal Reserve Chairman Alan Greenspan Alan Greenspan

Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body.
 said financial education prevents "...younger people from making poor financial decisions that can take years to overcome." On Savings Day, bankers will work to counter a looming looming: see mirage.  financial literacy crisis in America and give kids a healthy financial start.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 7, 2003
Words:256
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