"While the majority of teens said they learn about money at home, close to 12 percent reported not having any kind of parental guidance on how to handle their finances, which could explain why they struggle to understand certain fundamental concepts." - ING Direct
"Two-thirds of high school seniors recently failed a basic financial literacy survey conducted by the Jump$tart Coalition. The lowest scoring groups were those whose families have the least disposable income: African Americans, Hispanics, the poor and non-college bound youth." - The Forum for Youth Investment
Skillz of Life™ is a FREE public library/community center-based, 8 week long, quarterly program geared towards underserved teens ages 11-17 that introduces them. Our mission is to ensure that every teenager has the skills necessary to build their own businesses, navigate the stock market, invest in property, responsibly manage money and build a thriving community. Participants will work individually, in teams and as a group to build, grow and become financially empowered.
Twice per week, students will play Robert Kiyosaki's award winning Cash Flow™ game to introduce them to real estate, investment, money management and entrepreneurship. In addition to the game, participants will meet with expert stock investors, wealth/money management investors, real estate investors, entrepreneurs, cryptocurrency gurus, tax preparers and time management professionals guiding them through engaging games and assignments to give participants fundamentals of each subject. Each participant will gain a strong foundation and knowledge of making their money and time work for them, thereby creating a new generation of risk takers, entrepreneurs and financially empowered teens.
Most Americans are one paycheck away from the street. - Marketwatch
Teens are spending big, but for the most part, they have a very limited understanding of personal finance basics. [They] found that 87 percent of teens say they know little to nothing about managing money.
- ING Direct and Capital One
What was your favorite part of the program?
“The hands on activities and being able to provide input.”
“My favorite part of the workshop was that I learned new concepts about money and I was able to relate what I learned to my life/business.”
“MY FAVORITE PART OF THE WORKSHOP WAS LEARNING ALL THE USES OF MONEY AND THE DIFFERENT WAYS THAT MONEY CAN BE MADE TO WORK FOR ME. I ALSO LIKED LEARNING HOW TO INVEST IN STOCKS.”
“I enjoyed how our leader would make sure every person understood every concept. She was a positive role model to us, providing excellent advice.”
What are some things you learned?
“About thinking about all the possibilities when I get older. Starting now and by the time I am older it will help me a lot.”
“I learned how to connect and communicate with people that inspire me. I also learned how to earn and invest money.”
“I LEARNED ABOUT LONG TERM INVESTING. HOW TO BUDGET, AND HOW COMPANIES MAKE THEIR MONEY. I ALSO LEARNED HOW TO START A BUSINESS AND THE PERKS AND OBSTACLES OF STARTING ONE.”
“How to manage your business and how the stock market works.”
“I learned about what the stock market was, what a mortgage and down payment were. I also learned that the two most important things in starting a business is something you're passionate about and that is also a need to the community.”
Additional Comments: “I wish I would have started the program earlier.”
“The information that I learned in the workshop has been very helpful in my personal and professional life. Thanks for everything.”
“This is the best.”
“We need more workshops like this. I'm fortunate to have taken it.”
Approximately 63% of Americans have no emergency savings for things such as a $1,000 emergency room visit or a $500 car repair and do not own property. With significant cuts being forecast for education, it is vital that we take drastic measures to steer the next generation towards self-determination and financial empowerment. One job, one stream of income, minimum wage, a college degree, at one point the determining factors of one’s success, are are no longer guaranteed avenues to survival. -Forbes