Street Journal reports that the key to preparing youth with tools
to navigate the economy is an early start. According to reporter Emily Glazer,
"financial experts say it's essential to get kids on the road to financial
literacy at an early age".
It's highlighted that Girl Scouts of the USA
will soon roll out 13 types of "Personal Finance" badges for girls ages five to
18. Girls will have to complete five activities based on age. A five-year-old
must recognize different coins while a 13-year-old must create a budget, says
Suzanne Harper, the Girl Scouts' director of program resources. "Even at the
Daisy level (ages 5 and 6), they can start to understand that money doesn't grow
on trees," Harper says.
Timothy Higdon, Chief of External Affairs of
the Girl Scouts of the USA and Patricia Stensrud, Board President of the Girl
Scouts of Greater New York, along with Judy Vredenburgh, President and CEO of
Girls Inc. recently attended The Closing Bell® at the New York Stock Exchange in
honor of Financial Literacy Month, underscoring the importance of financial
empowerment and financial capability for girls.
Has involvement in Girl Scouting increased
your financial literacy?
Courtest of Girl Scout Blog.