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New “Money Matters” Program at Boys and Girls Club Teaches Important Lessons in Finance

December 4, 2008 //  by admin

The Boys and Girls Club of Marshfield, a non-profit organization that provides the area’s youth with enrichment and recreation programs in a safe environment, is now offering a new program known as “Money Matters” which teaches club members all about how to better manage their money.

Led by volunteer Joanna Degnan who is a CPA at Price Waterhouse Coopers, Money Matters promotes financial responsibility and independence among club members ages 13 to 18 years old by building their basic money management skills.

During the five-week program which runs through mid-January, participants learn how to manage a checking account, budget, save and invest. They also learn about starting small businesses and paying for college.

Money Matters features three key components for the teens and club staff:

· A Teen Personal Finance Guide is a fun, attractive booklet containing practical tips and activities to help teens learn the important skills of balancing a checkbook, creating a budget and saving and investing for college and retirement.

· A Facilitator’s Guide provides Club staff and volunteers with basic financial information and instructions for easy-to-implement small-group activities.

· A Money Matters Website, offers teens an engaging online tool for building their money management knowledge and skills through interactive activities, games and tools like a savings and financial aid calculator to plan for college.

“The program engages the kids in the basics of money management but then takes it a step further by teaching them how to invest their money wisely and potentially start a small business,” explained Greg Jackson, Executive Director of the club.

Children must be a member of the club in order to participate in Money Matters. The annual membership fee is $50. To learn more about the program, contact Kathleen Newcomb at the Boys and Girls Club (781) 834-2582.

About the Boys and Girls Club

The Boys and Girls Club of Marshfield’s purpose is to establish a safe haven for recreation, which includes a variety of supervised activities for greater than 4,000 youths (between the ages of 6 to 18 years old) within the town. The Boys and Girls Club of Marshfield has five Core Areas: Character and Leadership; Education and Career; Health, Sport Fitness Recreation and Life Skills; The Arts; and Technology. These Core Areas serve as the foundation for all programming.

As a privately-funded, non-profit organization, the Boys and Girls Club of Marshfield relies tremendously on the generous philanthropic support of individuals.  Financial gifts assist in providing the financial strength necessary to continue the club’s mission “to enable and inspire all young people to realize their full potential as productive and responsible citizens, as well as become tomorrow’s capable leaders.”

For more information about the Boys and Girls Club of Marshfield, please contact (781) 834-CLUB (2582) or visit the website at www.MarshfieldBoysAndGirlsClub.com or write to the club at P.O. Box 311, Marshfield, MA 02050.

Category: Client NewsTag: Boys and Girls Club of Marshfield, finance, investing, money

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