School children learn to save from Alaska bankersVolunteers from First National Bank Alaska begin today visiting schools in their communities across the state, kicking off the National Teach Children to Save program. The national program, with lessons for K-12 classes, focuses on how to save and spend money wisely on things students want and need.
Our goal is to make at least one presentation in the 16 communities in which we have a branch, said Vice Chair Betsy Lawer, First Nationals chief operating officer. Its important to Alaska that its future decision-makers begin their economic education at an early age.
The bankers use games and other activities to teach the financial facts of life, such as saving, how to budget and determining the difference between wants and needs when budgeting.
Last year more than 30 First National employees took the program to about 650 students from kindergarten to high school.
The national Teach Children to Save program is sponsored by the non-profit American Bankers Association Education Foundation, which works to improve personal money management throughout the United States.
Established in 1922, First National is Alaskas largest Alaskan-owned and operated bank, with 28 branches throughout Alaska.
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