Source: site
MISSOULA, Mont. — Valley Credit Union is going to invest over $1 million in financial literacy education for high school students across Montana.
Valley Credit Union believes a lot of high school kids are not getting taught how to manage money at home and they graduate without a financial understanding of what to do with their money.
The program is designed to teach kids how to deal with their money.
“There’s a lot of people in the world who don’t know… Like I get a paycheck. What do I do with it?” Senior Vice President of Community Engagement for Valley Credit Union Brandon Scala said. “Do I take it to a bank? Do I take it to a credit union? How does that all work and we teach them the best ways to do that?We also teach them budgeting like ‘If I have x amount of dollars and I have bills how do I budget that out?'”
Valley Credit Union designed the program to prepare kids for what’s coming down the road once they graduate from high school and hopefully give them a leg up.