Posted: Mar 30, 2012 9:34 AM
Updated: Mar 30, 2012 9:35 AM
It's never too early to start teaching kids about the importance of saving their money. The Region One GEAR UP grant is investing time and money to keep these kids on track.
One of those partners is IBC Bank. A representative from the bank attended a GEAR UP conference to teach these kids about keeping track of their money now and in the future.
GEAR UP executive director Tina Atkins says it's a good time to teach these kids how to make good decisions with their cash.
"I think 7th grade is actually a good time to start cause kids are starting to get a little bit of money. Some of them are doing odd jobs around the house and understanding the idea of saving, understanding the idea of value, and can I get this less expensively somewhere else. It's a real good time to have those conversations and parents need to have those conversations with their kids now," Atkins says.
This is just another pathway to colelge and these kids need to learn financing basics.