Briefs

Capital One donates $15,000 to programs

LAFAYETTE — Capital One Bank donated $15,000 to Junior Achievement of Acadiana to support financial literacy and job readiness programs in local schools.

In the 2011-12 school year, bank volunteers participated in JA in a Day events and taught 1,500 students about financial literacy, job readiness, entrepreneurship and careers, said Stella Theriot, Junior Achievement of Acadiana district director, in a news release Thursday.

“Volunteers are the key to delivering Junior Achievement programs as they bring theory to life for students,” Theriot said.

“The group’s programs are aligned with the state’s teaching standards and engage students in hands-on activities.”

Trace Robbins, Capital One Bank district manager for Acadiana/Lafayette, said the programs help prepare students for their futures.

“It is vital that we teach young people how to be financially responsible at a young age,” Robbins said.

For information about Junior Achievement of Acadiana or to volunteer or contribute, contact Theriot at [phone] or at [e-mail].

Comments

1) Comment by GaryJohn - 05/11/2012

This article is very insightful. I believe it is extremely important for parents to educate their children regarding fiscal responsibility and financial literacy tools at an early age. Lately, children seem to have no concept of the value of a dollar, let alone regularly depositing money into an account for savings in the future. I wanted to share an e-wallet site I came across the other day. I have done some research and found that their mission and goals are directly correlated to promoting financial education: http://kidsca.sh/. KidsCash aims to set up a virtual bank account for kids using real money, and allowing monitoring deposits by parents. Not only does this site employ a 'learning by doing' principle, it also helps parents create a new communication channel to discuss their kids budgeting and spending habits as well as rewarding positive behavior such as saving and donating. It is imperative to educate our youth about finances, banking institutions and saving. Kids can gain a sense of achievement when they regularly deposit, whatever the amount and programs like the Junior Achievement help them to realize this.