BIRMINGHAM — Executives from Bank of Birmingham look forward to Money Smart Week from April 5-12, which focused sessions designed to help low-to-moderate-income communities by promoting financial literacy, firm officials said.
The program was developed by Operation Hope, an Atlanta-based global organization working to achieve “financial literacy for youth, financial capability for communities, and, ultimately, financial dignity for all.”
This year marked the 10-year anniversary of Money Smart Week, and it was the third year executives from Bank of Birmingham helped educate Detroit students on personal finance. Relationship Managers Pam Audette and Maggie Currier participated in two-day sessions at Allen Academy, a charter K-12 school in the renovated St. Theresa Avila Church on Quincy Street in Detroit.
“We discussed with the students earning money from doing chores and other work; the difference between wanting something and needing it; saving money earned; budgeting for today and the future; and, tips for shopping efficiently,” Currier says. “It all goes over very well, and is very gratifying to know we are helping young people.”