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Bay Area Financial Education Foundation celebrates milestone of helping 500 local students

3 mins read

SAN FRANCISCO, Oct. 30, 2020 /PRNewswire/ — The Bay Area Financial Education Foundation (BAFEF) just lately reached a milestone of its first 500 students taught of their new Student Workshop Program, which helps local youth enhance their monetary literacy. “California rates one of the lowest of all States when it comes to preparing students for their financial future” says Executive Director, Tina Marchetti. “Financial literacy is key in helping students to pursue higher education, achieve personal goals, and live happy, healthy, prosperous lives. We hope to reach another 750 students during this school year and grow the program to reach 2,000 or more students next year.”

Formed in 2007 by volunteers from the local monetary business, BAFEF’s latest program is aimed straight at offering crucial monetary training to students in colleges the place it doesn’t exist. “California currently requires one semester of economics for high school graduation, and although it is suggested that some personal finance be included within that semester, our teachers are not prepared to offer this content. Our program provides direct action in response to our financial literacy crisis and engages volunteers to deliver relevant content on the most important topics.” In lieu of its traditional Annual fundraising occasion, BAFEF has produced a brief YouTube video with testimonials from lecturers and volunteers.

BAFEF’s Student Workshop program is on the market free of charge to any group of 10 or extra students age 14-21. Modules can be found on primary private finance matters together with budgeting, managing credit score and debt, investing, insurance coverage, taxes and extra. “Students are so ready for this relevant content,” says Carrie Karlovic, AP English Teacher, George Washington High School. “After the presentation, I learned that the material was being shared around the school – with students who aren’t in my class!” BAFEF has been educating at a number of local colleges together with Branham High School, Benicia High School, Tamalpais High School and others. Volunteers are sourced from the Financial Planning Association, Financial Women of San Francisco, CFA Society San Francisco and different commerce associations of monetary professionals.

To request a BAFEF speaker or study extra about this system please go to www.bafef.org

SOURCE Bay Area Financial Education Foundation

Charlene

Charlene is a Bay Area journalist who hails from the small community of Fresno. Drawing from her experience writing for her college paper, Charlene continues to advocate for free press and local journalism. She also volunteers in all the beach cleanups she can because she loves the water.