America Has a Major Financial Literacy Problem. Only about 50% of American adults have enough cash to cover a $400 emergency and the average household credit card debt is at its highest in nearly a decade. Can you imagine that without even having a job or savings, our teenagers are opening credit cards? There should be no surprise that so many were not prepared for the crisis we are currently facing.
So, what's the cure for financial literacy? Teach them when they're young! Let's make sure our children know what to do when they get their first credit card or pay check. When they learn financial literacy at a young age we have a chance to help them develop good behaviors and attitudes around money, that they can use throughout their lives. Early financial literacy is an essential life skill.
JA is on a mission! Through its Inspiring Tomorrow's campaign, Junior Achievement of South Florida is focused on reaching EVERY child in our community. In addition to the 50,000 students JA reaches in classrooms and at JA World Huizega Center at the Lillian S Wells Pavilion, together with our partners, we've reached an additional 2,000 families who have received essential financial literacy educational materials, as well as fun activities and other goodies through our Books, Bucks and Backpacks initiative. We won't stop! Will you join the movement?
Hear from JA supporters Andy Cagnetta and Steve Hudson who share the importance of supporting this worthy cause:
