JWI’s Life$avings® program kicked off its new teen financial literacy program October 17th in New York City, empowering more than 100 teenage girls and their mothers to have ‘the talk’ about money and begin managing their own finances.
The event was keynoted by Karen Finerman, co-founder and CEO of Metropolitan Capital Advisors, Inc. and "The Chairwoman" on CNBC's Fast Money. Finerman was recently named one of the 50 Leading Women in Hedge Funds by The Hedge Fund Journal, as well as one of the 25 Most Powerful Women in Finance by USBanker and Trader Monthly's "Wonder Women."
The event gave mothers and their teenage daughters important information as well as the tools to foster a continuing dialogue about money – a topic often avoided or overlooked. Attendees participated in an activity that helped them evaluate their values and compare them to the things they spend money on. Most came to realize that they often spend money on things that are not actually important to them.
The Jewish Channel highlights the event in their Jewish News Week in Review:
We asked women at the event: What would you tell your teenaged-self about money? See what some of them said and view more, including Karen Finerman's keynote address, on our YouTube channel:
Originally designed for college students, the Life$avings® Teen Program has been created to kick-start this essential life-education through a series of workshops that cover topics such as budget creation, smart spending decisions, wise credit card use, investing, and strategic charitable support – all with the goal of providing financial education to build the underpinnings of long-term economic security.
JWI thanks the Jewish Women’s Foundation of New York for generously funding this program, as well as the Jewish Community Youth Foundation of Princeton Mercer Bucks for their support in the initiative, and the JCC in Manhattan for their partnership in this project.
Follow up workshops will be held in synagogues, religious schools, and youth groups. The first workshop is scheduled to take place in two parts on November 7th and 14th at the JCC in Manhattan. To hold a workshop at your synagogue or day school, or for more information, contact Deborah Rosenbloom at email@example.com.