Summer program teaches kids how to be money smart

BIRMINGHAM, Ala. –  The move from high school to college is a big one with a lot of changes, especially when it comes to money.

“It’s easy to get peer pressured into spending money you don’t have in college especially with credit card companies always sending you in the mail a piece of plastic that says you don’t have to pay for it now,” Jennifer Moore, Summer Intern Leader for SummerQuest said.

A few bad financial decisions in college can lead to bigger problems later in life.

“Damage your credit score, it can make it more difficult for you to get an apartment when you graduate, or apply for a job. These are long term consequences you might not consider when you’re 16 years old but you definitely want to put them to use as soon as possible,” Moore said.

That’s the idea behind SummerQuest Birmingham. Recent college grad Jennifer Moore will be leading a group of interns who will offer advice and teach high school students how to be financially smart in college.

“These are basic skills about how to write a check when to open a bank account, the difference between credit cards and debit cards and how you should choose,” Moore said.

The summer program uses games and social media to teach students all the basic skills. SummerQuest is sponsored by Regions Bank and the Mayor’s office. To sign up, all you have to do is join the group’s Facebook Page by clicking here.

Copyright WIAT 42 News 2014

 

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