Employees from Newburyport’s Institution for Savings will conduct money management lessons to more than 600 students in six area elementary schools in the next two weeks as part of National Teach Children To Save Month.
Interactive lessons on the importance of saving will be presented to classes ranging from second to fifth grade in Newburyport, Ipswich, Rowley and Salisbury.
In addition, the bank will celebrate Teach Children to Save Week in all of its offices during the week of April 26th.
Teach Children to Save is a national campaign that raises awareness about the role banks and bankers play in helping young people develop lifelong savings habits.
Since 1997, the campaign has reached 3.4 million young people with the help of some 80,000 banker volunteers, and an annual awareness day â€â€ Teach Children to Save Day which is April 27.
The program is sponsored nationally by the American Bankers Association Education Foundation.
"Young people need to learn about money and finance, and we are in a unique position to help," said Mark Welch, Institution for Savings president and CEO. "If we learned anything from the recent economic challenges it is that educated choices are critical to longâ€term financial wellâ€being. The more aware consumers are about the best financial tools and practices, the better off we all will be."
