Teaching Kids About Personal Finance is Goal of New Partnership
Leading Nonprofit Joins University of Florida in Sponsoring Summer Camp for
Youth
Posted on July 21, 2009
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(Orlando, FL) — InCharge® Debt Solutions (IDS), one of the nation’s leading nonprofit
credit counseling
organizations, announced that it will co-present “Moola Venture Money Camp” with
the University of Florida-IFAS Osceola County Extension Service from July 27-31
in Kissimmee, Florida. The camp helps teenagers 14 to 18 years of age develop vital
skills in budgeting, establishing credit, opening and managing bank accounts, writing
checks and balancing checkbooks, preparing for job interviews, buying a car, investing
money, and making career choices
The camp is interactive, with hands-on activities and will be presented by IDS’
Certified Credit Counselors, University of Florida faculty, along with other “real
world” business professionals.
“This is a unique partnership between an institute of higher learning and a nonprofit
devoted to providing personal finance education,” said Laura Royer of the University
of Florida. “Both organizations feel strongly about the need for this type of program
because so many young people are exposed to a culture of expensive lifestyles and
debt facilitated by easy credit. We hope to instill in them money management habits
and the personal finance knowledge they will need to lead financially healthy lives.”
“These young people will soon need to make important financial decisions at one
of the most vulnerable points in their lives, and it’s important to teach them about
the proper use of credit now,” said Etta M. Money, IDS’ president. “To get them
started on the right foot, we’re putting $15 in a savings account for each participant.
The accounts will help teach these high school students about money management,
and the Moola Venture Money Camp is an important resource to build on their financial
literacy.”
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). Consumers can access InCharge
Debt Solutions credit counseling services for free by calling 1-888-360-9694 or
online at (www.InCharge.org).