Summer Camp Teaches Children About Saving Money
University of Florida and credit counseling nonprofit sponsor personal finance
camp
Posted on August 26, 2009
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(Orlando, FL) — Some lucky Orlando-area teenagers have begun developing vital personal
finance skills thanks to the “Moola Venture Money Camp” held in Kissimmee, Florida,
July 27-31, 2009. Sponsored by InCharge® Debt Solutions (IDS) and the University
of Florida-IFAS Osceola County Extension Service, the camp was designed to teach
young people, between the ages of 14 and 18 years old, about budgeting, establishing
credit, bank accounts, preparing for job interviews, buying a car, investing money,
and making career choices.
“The Moola camps were timed perfectly because of the difficult economic conditions
we face in this country,” said Laura Royer of the University of Florida. “We were
proud to be a part of teaching young people about being responsible with their money
at an early age in the hope that the adults of the future will be better equipped
to deal with economic decisions. These children are being raised in an era of easy
credit and excessive spending, and it is important to teach them about the responsible
use of credit and solid money management before they are faced with financial decisions
in the real world.”
The interactive camp included hands-on activities and was presented by IDS’ Certified Credit Counselors, University of Florida faculty,
along with other “real world” business professionals.
“We were proud not only to supply the instructors for the camp, but to help each
young person open a savings account by giving them their initial $15 deposit,” said
Etta W. Money, IDS’ president. “InCharge Debt Solutions intends to expand this program
with the University of Florida, and hopefully, build on it with similar offerings
for young people in Florida and in other parts of the country as well.”
InCharge Debt Solutions provides free counseling to consumers struggling with excessive
debt by analyzing their financial situations and offers educational resources, possible
solutions and budgeting assistance. Organizations interested in partnering with
IDS on programs like this or other personal finance education ventures are encouraged
to contact Andy Williams at 407-532-5631 or email
awilliam@InCharge.org. The IDS Web site is (www.InCharge.org).
For more information about Moola Venture Money Camp, contact Laura Royer at 321-697-3000
or email lero@ufl.edu.
About InCharge® Debt Solutions
Headquartered in Orlando, Florida, InCharge Debt Solutions (IDS) provides professional
credit counseling and personal money management education to consumers and is a
member of the Association of Independent Consumer Credit Counseling Agencies (AICCCA).
IDS is one of the unique organizations to be dually accredited by both ISO 9001-2008
Quality Standards and the Council on Accreditation (COA). IDS is an affiliated organization
of InCharge® Institute of America, Inc., a 501(c)(3) nonprofit organization that
was selected 14th in the Orlando Sentinel’s 2009 “Top 100 Companies for Working
Families.” Consumers can access InCharge Debt Solutions credit counseling services
for free by calling 1-888-360-9694 or online at (www.InCharge.org).