Want to help the children in your life, as well as yourself,
family and friends gain financial education and skills so that they
may achieve a higher standard of living and a greater sense of
independence? Come to Girl Scouts - Mile Hi Council's
Cool Cash Bash on Saturday, April 29. Tying into National
Teach Children to Save Day (April 26) and because April is
Financial Literacy for Youth Month, this is a prime opportunity to
learn some cents about money matters.
The Cool Cash Bash is a financial festival of Girl Scouts -
Mile Hi Council and sponsored by Wells Fargo. There will also be
many other financial education contributors, such as the Colorado
Federation of Business and Professional Women, FirstBank of Colo.,
Junior Achievement of the Rocky Mountains and the Young Americans
Center for Financial Education. Enjoy booths, games, prizes,
giveaways and hands-on entertainment, all with a financial spin.
Located in the atrium of Wells Fargo at 1700 Broadway, Denver,
there will be activities for all ages from 10 a.m. - 3
p.m.
Cost for this event is $5 per child, or a special family rate
of $20. To register in advance, visit
http://www.girlscoutsmilehi.org/index.cfm?fuseaction=content.home&iPageContentCategoryID=539&eventscheduleid=622. Registration is also available at the door.
Why go?
--American teenagers spent more than $172 billion in 2001,
equal to Mexico's yearly exports. (Teenage Research Unlimited,
2001)
--Teens surveyed by Teenage Research Unlimited reported
spending 98 percent of their money, rather than saving it. (Teenage
Research Unlimited, 2001)
--University administrators state that they lose more
students to credit card debt than to academic failure. (UtahMentor,
2003: The Voice Digital News, 2003)
--The United States has recently seen a more than 50 percent
increase in bankruptcies among people under age 25. Bankruptcy
filings for this age group were at an all time high in 2000,
numbering almost 150,000, which is a tenfold increase in just five
years. (LouisianaStateUniversity Agricultural Center)
--Only 26 percent of 13- to 21-year-olds reported their
parents actively taught them how to manage money. (Youth and Money
Survey, ASEC, 199 and/or 2001)
*Statistics from
www.yacenter.org.