Western Union and JAG Partner to Offer Financial Literacy Education to at-Risk Youth.Company Unveils Insightful Curriculum Based on the Use of Payment Products ENGLEWOOD, Colo. -- The Western Union Company (NYSE NYSE See: New York Stock Exchange : WU), a global leader in money-transfer services, and Jobs for America's Graduates Jobs for America's Graduates, or JAG, is a school-to-career program implemented in 1,000 high schools, alternative schools, community colleges, and middle schools across the United States and the United Kingdom. , Inc. (JAG judge advocate general (J.A.G.) n. a military officer who advises the government on courts-martial and administers the conduct of courts-martial. The officers who are judge advocates and counsel assigned to the accused come from the office of the judge advocate ) today launched an innovative 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. curriculum aimed to train and empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems students. Developed by Western Union exclusively for JAG, the program is designed to empower the next generation of consumers with the knowledge to better understand financial instruments. It will be rolled out in each state where JAG programs are offered. The announcement was made by Fred Niehaus, senior vice president of Public Affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information. , Western Union, and Ken Smith, president of JAG, during a press conference held today in Orlando, FL. While financial literacy is essential, the curriculum goes beyond the classroom by laying a foundation for students to understand the importance of financial management and its relevance post-graduation. The curriculum offers key insights on the inter-relationship between payments, debt, savings and money management; elements that are essential for successful financial growth. The learning program provides culturally relevant tools and stories based on Western Union's unique experience with minority and immigrant communities. It builds a bridge from understanding bill payments, money transfers, money orders and pre-paid debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. to building savings toward future goals, assets and entrepreneurship. "We are honored to have a company such as Western Union that embraces this innovative model of experiential ex·pe·ri·en·tial adj. Relating to or derived from experience. ex·pe  ri·en learning and workforce
training as our partner," said Smith. "It is through this kind
of collaboration that corporations can aid in the process of growing and
nurturing a well-educated workforce."
"Getting the basic foundation of a financial education at an early age is critical to help teens become successful and financially-responsible adults," said Niehaus. "Western Union's partnership with JAG will help empower our nation's youth." About JAG Jobs for America's Graduates, Inc. is a national non-profit corporation established for the purpose of assisting states in creating a dropout (1) On magnetic media, a bit that has lost its strength due to a surface defect or recording malfunction. If the bit is in an audio or video file, it might be detected by the error correction circuitry and either corrected or not, but if not, it is often not noticed by the human prevention and school-to-career transition system for at-risk youth based on the JAG Model. The JAG Model is delivered in approximately 700 schools in urban, rural and suburban communities in 28 states serving approximately 40,000 students in the in-school and follow-up phases of the JAG program. More than 500,000 youth have received the benefits of JAG Model services over the past 26 years. For more information, visit www.jag.org. About Western Union Western Union, together with its affiliates Orlandi Valuta and Vigo, is a leading provider of global money transfer services, providing people with fast, reliable and convenient ways to send money around the world, pay bills and purchase money orders through a network of more than 305,000 Agent locations in over 200 countries and territories. For more information, visit www.westernunion.com. WU-G |
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