SAN MATEO, Calif., May 16, 2019 – Your elementary school child soon may be able to balance a checkbook – or develop a business plan – better than you.
On Thursday, May 16, the 511 students at Griffith Elementary School in Phoenix, located at 4505 E. Palm Lane, will spend the day learning about personal finance. Nearly 50 employees of Freedom Financial Network’s Tempe office will be on site all day, teaching kindergarteners through fifth graders a full slate of interactive classes designed to improve the students’ financial literacy.
Freedom Financial Network will partner with Junior Achievement (JA) of Arizona to bring JA’s financial education program to Griffith Elementary. The program introduces students to financial literacy, and works to change students’ lives by helping them understand business and economics at age-appropriate levels, according to Sandra Villarreal, education manager at JA of Phoenix. Lessons are activity-based, and include games, visuals and physical activity in the classroom.
At Griffith Elementary, Freedom Financial Network (FFN) instructors will teach every grade level five or six graduated lessons throughout the day. Beginning with learning the importance of saving and giving, and advancing to basics of global economics, FFN employees will help students understand how to apply money management skills to personal and business accounts. By the end of the day, even third-graders will be creating a business plan to open a local restaurant.
Financial literacy education recently received a boost in Arizona, when Gov. Doug Ducey signed Senate Bill 1184 into law, making personal finance a requirement for high school students. The bill requires that at least half of a credit in an economics class be devoted to financial literacy and personal financial management.
Junior Achievement of Arizona is a member of Junior Achievement USA, the nation’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures, and make smart academic and economic choices. Junior Achievement’s programs reach nearly 4.9 million students per year in 212,101 classrooms and after-school locations. JA programs are taught by volunteers in inner cities, suburbs and rural areas through 107 area offices in all 50 states.
Freedom Financial Network, LLC, is a family of companies providing innovative solutions that empower people to live healthier financial lives. For people struggling with debt, Freedom Debt Relief offers a custom program to significantly reduce and resolve what they owe more quickly than they could on their own. FreedomPlus tailors personal loans to each borrower with a level of customer service unmatched in the industry. For consumers enrolled in qualifying debt relief programs, ConsolidationPlus offers loans that accelerate debt settlements and enable them to be free of the debts sooner. Bills.com offers a resource site with simple tips, advice and tools to help consumers make smart financial decisions.
Headquartered in San Mateo, California, FFN also operates an office in Tempe, Arizona. The company employs more than 2,200 and was voted the best place to work in the Phoenix area for two years running.