U.S. Rep. Michael E. Capuano of Massachusetts’ 8th congressional district recently addressed a group of children at a financial education event hosted by Cambridge Savings Bank for homeless families at the Hildebrand Family Self-Help Center in Cambridge.

The event was part of a months-long initiative by the bank that coupled the American Banking Association’s "Teaching Children to Save" program with their own CSBsmart financial education program to help teach kindergarten age children in Eastern Massachusetts the ABC’s of finance.

Capuano told the children that financial education "might be the most important thing" they ever learn, according to a statement.

Cambridge Savings Bank’s Karen Kindle read the children a book about savings, and participants later joined in an interactive program about the value of saving.