Regions Bank, Birmingham City Schools teach financial literacy

(CBS42)
(CBS42)

[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16x9&auto_next=1&auto_start=0&div_id=videoplayer-1366239736&height=480&page_count=5&pf_id=9624&show_title=1&va_id=4021518&width=640&windows=2 service=syndicaster width=640 height=480 div_id=videoplayer-1366239736 type=script]BIRMINGHAM, Ala. (WIAT) — Regions Bank and Birmingham City Schools are teaming up to teach financial literacy in a fun, new way.

Nearly 300 high school students were able to improve their financial literacy by using online interaction and games.

Cash prizes were distributed at Ramsay High School for many of the financial literacy system’s scorers.

Improving financial literacy is a skill that some experts say should be developed at an early age.

“It means so much to your young people to understand how to manage money before they get into the word, before they go to college,” Bill Askew said. “That’s why we support it. That’s why we believe in it and hopefully in the long run this will make stronger communities.”

The program serves as a precursor to a summer program that further expands financial education.

Copyright 2013 WIAT-TV CBS 42

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