Four out of five young adults over age 18 say they lack financial management skills and money matters increase their stress levels, according to a study by Raddon Research Insights.
Armco Credit Union offers a free financial literacy program to local high school students.
The web-based program called Banzai is now available to any local high school teacher interested in teaching real life topics such as budgeting, using credit wisely, and developing sensible spending and savings habits.
“Providing our local schools with resources that teach financial skills will help students make responsible financial decisions early in life that will continue to affect them throughout all stages of life,” said Randy Cypher, CEO of Armco Credit Union. “Sponsoring the program is our way of giving back and supporting our community.”
Banzai is an award-winning platform for teaching financial literacy. The online program offers a virtual world of decision making.
Students play a game that simulates real life financial scenarios that require students to pay rent, make lifestyle choices and consider their taxes.
Students can complete the interactive modules at their own pace and on their own electronic device so less class time is required.
Teachers may also order free workbooks that complement the online lessons. Workbooks feature challenging yet fun questions, games and word problems that help students think critically about finances.
High school teachers interested in implementing the free Banzai program in their classroom can visit armcocu.teachbanzai.com to view a demo and to register for the program.