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Achieva Credit Union: Hispanic Middle and High School Students Get Financial Literacy Camp

8/5/2022

1 Comment

 
Picture
Achieva Credit Union partnered with the Hispanic Outreach Center in Tampa Bay to provide students (12 to 17 years old) the financial knowledge to prepare them for the future. During two sessions in July, students learned about the types of bank accounts, opening and managing their accounts, spending, budgeting, credit score, and how to complete a loan application. The Summer Camp ended with a certificate of completion from Achieva Credit Union and an ice cream party. 
 
Why is it important for Achieva to ensure every child learns the basics of banking? 
 
  • 78% of Americans live paycheck to paycheck
  • 1 in 4 workers never save any money from month to month
  • 36% of Americans said they would not be able to pay a $400.00 emergency.
  • 62% of college students in 2019 owed an average of $28,950 in student loans.
  • Sadly, young adults purchasing their first vehicle do not know how to even begin the application process.
 
In March, Florida passed a financial literacy law, officially titled the “Dorothy L. Hukill Financial Literacy Act,” requiring students entering high school during the 2023-2024 academic year to take a half-credit financial literacy and money management course.
 
Achieva Credit Union has offered financial literacy to students in St. Petersburg, Fla., for the past 20 years, with a full-service branch in Northeast High School. ​

1 Comment
Genieknows Credit link
9/13/2022 06:54:27 pm

I know In order to choose the right credit card, it is important to be aware of the different types of credit cards available and what each one offers.

There are three main types of credit cards- charge cards, debit cards, and cash back cards.

But I am confused what should I choose can anyone help me for it ??

Reply



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