Piggy bank management

The HSBC Bank USA and Junior Achievement New York brought the ‘JA More than Money’ program to third graders to help equip them with financial literacy skills on how to spend and save money.

Through a volunteer network of corporate and community individuals the event was held on Thursday, April 14 at Public School 212, located at 3425 82nd Street in Jackson Heights.

The curriculum taught primary school students about earning, spending, sharing, and saving money through innovative activities, in addition to preparation for the working world.

According to a Junior Achievement official, 10 volunteers taught financial literacy to 80 students in the third grade, divided into four classes.

“To become financially literate, children need the opportunity to acquire financial knowledge over time, knowledge that is commensurate with their age and ability,” said Joseph Peri, President of Junior Achievement New York. “JA More than Money is a first step toward achieving a healthy relationship with money and toward children learning how to take control of their own future economic success.”

In its third year partnership, the joint effort of the two organizations helped prepare the students in making wise decisions later in life on pecuniary management.

According to the HSBC Global initiative team, in just two years more than 110,000 young people globally have received relevant financial and business skills that will help them embrace the opportunities of the 21st century economy.

“We need to reach children early and provide the tools that will help them make wise decisions about money,” said Diane D’Erasmo, Executive Vice President of commercial banking at HSBC Bank USA. “The concepts of financial literacy can be reinforced and built upon as these young students become adults and are faced with important financial decisions.”

For more information on Junior Achievement New York and its program, please visit www.jany.org.

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