Wednesday, June 17, 2009

THE FACTS ON SAVING AND INVESTING by Pat Melfi

United States Department of EducationImage by Financial Aid Podcast via Flickr


In early 1998, government agencies, consumer organizatios and financial industry groups throughout the Western Hemisphere launched the Facts on Saving and Investing Campaign. This ongoing, educational effort aims to motivate individuals to learn how to save and invest wisely.



The camnpaign slogan--Get the facts. It's your money. It's your future--captures why a solid grounding in financial fundamentalsmakes such a tremendous difference in the quality of life for any individual and any nation.



In the United States, numerous studies and surveys show that many Americans--especially young adults--fail to comprehend thje financioal basics. Many do not understand how our securities markets work, how to evaluate the risks and rewards of investment products and how to calculate what they need to save for retirement. Far too many individuals may needlessly struggle in retirement or never attai their other financial goals simply because they were never exposed to the financial facts of life. Some may suffer financial shocks and losses because they do not realize that our financial marklets can go down as well as up as we have seem in the last year.



This report at http://www.ct.gov/DOB/cwp/view.asp?a=2235&q=297958 summarizes some of the essential facts about saving and investing in the Unioted States from polls and studies conducted by the State of Connecticut, Department of Banking. It highlights the reasons why so many have joined forces to undertake this important campaign to improve the financial life of every American. For those who wish to delve more deeply into the subject, this report provides a list of resources for further exploration.



In 2009 we have an increase in the demand for type of education. Nouveau Riche is committed to financial literacy and we are excited to introduce the inaugural session of our Teen Financial Literacy (TFL) class at the July ’09 College! Now is the time to empower our kids—by teaching them the basic skills in the management of personal financial affairs. Take control of your teen’s future and enroll him/her in this essential class!



ABOUT THE CLASS



Teens, ages 14-17, will participate in fun and engaging classes that utilize rich media to educate outside of the norms on topics like:
budgeting
living within your means
checking account management
fiscal responsibility
credit
and much more!


PROGRAM ELIGIBILITY



Nouveau Riche has made this opportunity available for FREE to primary Regents Tuition Students and—for a limited time—Go for the GOLD! promo primary tuition Students. The primary Student must be the parent or legal guardian of the teen enrolled in class. The student’s original birth certificate plus one copy, as well as proof of legal guardianship, if applicable, is required to certify the teen’s eligibility and allow them to attend class. Tuition product purchase terms and conditions apply.



ENROLL IN CLASS



Program-eligible tuition Students will have the ability to schedule their teen for the Teen Financial Literacy class through the Nouveau Riche Business Center/OSCAR™. (Log-in, go to “College” and select “Teen Financial Literacy.”) Eligibility will be confirmed before the student attends the class.The class experience begins before arriving at the College—so don’t delay—register your teen today!* *Access to class is not guaranteed. Space in class is limited and will be granted on a first-come, first-served basis. Please check the class schedule frequently as space may become available.


Learn more about Nouveau Riche, its education available and it's dedication to the development of youth at http://reinvestorsolutions.com/composer62


Enhanced by Zemanta

No comments:

Post a Comment