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Ed Grenier
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President and CEO
Junior Achievement of the
National Capital Area
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Financial Literacy. Powerful words when placed together, timely words when aligned with current market conditions. For Junior Achievement, this means ensuring that every young person enters adulthood equipped to balance their own personal budget, save for their future, and invest wisely. Skills, we believe, every child needs and deserves.
Accordingly, Junior Achievement announced plans to build FINANCE PARK, Greater Washington's first in a series of state-of-the-art, experiential learning centers designed to annually teach over 13,000 young people the basics of personal financial management.
Junior Achievement occupies the unique position as the world's leader in financial literacy education for youth, and stands ready to strategically deploy our programming – on scale – throughout the region during this time of need. We sincerely appreciate the community's support of our efforts.
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Inspiring and preparing young people to succeed in a global economy
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Junior Achievement to Build Financial Literacy Center - FINANCE PARK
Junior Achievement recently announced major plans to build the region's first FINANCE PARK facility, scheduled to open in Fairfax County in January 2010. With signature sponsorship from Capital One, FINANCE PARK will provide hands-on personal financial management simulations for over 13,000 young people a year in this 20,000 sq. ft. state-of-the-art facility. For details and drawings, visit www.myJA.org/financepark/.
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2009 Financial Literacy Day on Capitol Hill
Junior Achievement will again co-present the 2009 Financial Literacy Day on the Hill with the Jump$tart Coalition and the Council for Economic Education. As co-founders of the House Financial Literacy Caucus, US Representatives Judy Biggert (R-IL) and Rubén Hinojosa (D-TX) will lead the event on Thursday, April 30, in the Cannon House Office Building. To learn more, visit www.myJA.org.
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President's Council on Financial Literacy Makes Recommendations
Founded in January 2008, the Council established for the first time that it is the "policy of the Federal Government to encourage financial literacy among the American people." Last month the Council presented 15 recommendations to the President, the first of which calls for the United States Congress or state legislature to mandate financial education in all schools for all K-12 students. Junior Achievement is an active member of the Council. To see the recommendations, please visit
www.myJA.org/about/financialliteracy/.
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US Treasury Announces Results of High School Financial Literacy Challenge
Last month the US Treasury Department reported the failing grade of "56%" as the average score for high school students participating in the national Financial Literacy Challenge, a voluntary 35-question test that high school students could take to assess their financial knowledge. Junior Achievement consulted with the Treasury Department on the development of the Challenge questions.
Click here to see the results.
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Teens' Ethical Readiness
for the Workforce Troubling
A new national poll from Junior Achievement and Deloitte reports a contradiction in high school students' ethical readiness for the workforce. While teens express confidence in their preparedness to make the right choices in the future, they freely admit to unethical behavior today. These and more results reveal considerable ethical confusion among teens regarding what types of behavior are appropriate in order to succeed. To learn more, visit
www.myJA.org/about/polls/.
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Call for Youth Entrepreneur of the Year Applications
Junior Achievement is pleased to announce its call for applications for the 6th Annual Youth Entrepreneur of the Year award, open through April 6, 2009. In partnership with Ernst & Young, JA invites students in the Greater Washington Region in 9th-12th grade who have started and are currently running their own business to compete for a $1,000 scholarship. To learn more and download an application, please visit www.myJA.org/students/yeoty/.
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Parenting Tip
Here's an activity to help your elementary school-aged children understand budgeting decisions: have them make a list of expensive items they might want to buy. Ask them to choose one item and then do some SMART shopping: Stop and think, Make a savings plan, Ask questions, Review information, and Take action. Assist them in finding information on the item, such as quality, availability, and price. Then, ask them to share what they have learned with you.
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Bowling Rocks!
Over 200 teams are participating and raising funds for expanding JA's work in Greater Washington. Sponsored by KPMG and ABC7, with appearances by anchor Leon Harris, the Bowl-A-Thon continues to be a popular team-building activity that companies of all sizes can enjoy. To start your team now, visit www.JAbowl.org.
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Do You Remember...
Junior Achievement is asking alumni to join in a Retrospective Study to capture long-term outcomes and sequential-learning benefits. Whether you participated in JA years ago or yesterday, your experience counts.
This will take only 10 minutes! To participate, please click here and follow the easy instructions. A report will be updated every 6 months on our website, www.myJA.org. Thanks!
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