Bank of Hawaii Volunteers Teach Teens How to 'Get Smart About Credit' and Budget During High School
Thursday, October 20, 2016
HONOLULU, HAWAII –
Bank of Hawaii volunteers will reach out to more than 2,000 teens at 24 intermediate schools, high schools and select locations across Hawaii in support of national “Get Smart About Credit Day.”
This annual event, now in its 14th year, is sponsored by the American Bankers Association Education Foundation. To help students prepare for life after high school, Bank of Hawaii focused on the ABA’s “Budgeting for the Real World” lesson plan, which offers real-life scenarios and examples of a budget. The “Get Smart About Credit” program includes financial tips for students on how to limit the “hanging out” fund, what to do when their car or computer breaks down, and how to shop so that their money last throughout the semester.
In addition to emphasizing the importance of budgeting and managing money, the program also motivates students to maintain credit worthiness, protect their identities, pay for college and manage their money.
Besides impacting students in the state of Hawaii, Bank of Hawaii volunteers will also reach out to young adults in select locations throughout Guam, Saipan, Palau and American Samoa.