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$30K grant helps YMCA teach children financial literacy

Published July 30, 2012 7:58 pm

Community • GE Capital Bank donates funds for Money Camp held in Taylosville.
This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

GE Capital Bank has awarded the YMCA of Northern Utah a $30,000 grant to support programming that teaches families about financial literacy.

The "In the Community/For the Community" grant will cover costs for the financial-literacy education offered through the YMCA's Out-of-School program, Money Camp, as well as cover the cost of child care for adults who participate.

Money Camp will be from 10 a.m. to 12 p.m. Aug. 10 at the Community Family Center, 4223 S. Atherton Drive, Taylorsville.

The camp will bring together GE Capital Bank volunteers, Jr. Achievement, USU Extension and Brigham Young University staff to teach youth the importance of saving and good money habits.

Activities will be age-appropriate. For example, youth 9 and up will test their knowledge with a role-playing exercise where they are assigned a career and a paycheck. They will then be able to "shop" at different stores and gain experience balancing wants and needs. Youth 5 to 8 will participate in activities that sharpen their knowledge of money and savings.

Workshop topics include creating a budget, saving, credit cards and loans. Those who wish to sign up for the Money Camp can do on-site so prior to the event. To learn more about the Money Camp call 801-839-3388.