Education, Schools

Children learn about money management at Youth Saves Event

by Senior Airman Kristof J. Rixmann
86th Airlift Wing Public Affairs
March 12, 2020
Children attending the “Youth Saves Event ‘’ pose for a photo with their new piggy banks, alongside their guest teachers who taught a course on money management at Ramstein Air Base, Feb. 25. Angelica Williams, 86th Force Support Squadron Airman and Family Readiness Center community readiness consultant, said if she can show her students the importance of money early on, they may also realize the power of being debt-free later in their life.
Knox Jasmin, son of U.S. Army Staff Sgt. Gaetan Jasmin, 21st Theater Sustainment Command transportation manager, receives a piggy bank during the “Youth Saves Event” at the School Age Program building at Ramstein Air Base, Feb. 25. The event taught children how to build a financial foundation through saving, donating, investing and good spending habits. To reinforce these four categories, the piggy bank held in Jasmin’s hand is split into four evenly-divided categories.
Knox Jasmin (left) and Laila Jasmin, son and daughter of U.S. Army Staff Sgt. Gaetan Jasmin, 21st Theater Sustainment Command transportation manager, stand in front of their classmates as they presented a mock company during the “Youth Saves Event,”at Ramstein Air Base, Feb. 25. They presented their companies, a lemonade stand and a dog-walking company, respectively, and asked their classmates if they would invest in their company. The instructors reminded the classmates before they voted for one company or the other what the pros and cons of each were. Through this kind of example the students learned the importance of understanding the companies they might invest in later in life.
During the “Youth Savings Event” children were asked to fill out a “spending wish list” which prioritized needs versus wants on Ramstein Air Base, Feb. 25. The “Youth Saves Event” educates the younger generation on how to build their financial foundation.
Angelica Williams, 86th Force Support Squadron Airman and Family Readiness Center community readiness consultant, responds to a question asked by one of the children who attended a “Youth Saves Event,” at the School Age Program building at Ramstein Air Base, Feb. 25. Throughout the presentation, children were taught basic money management principles such as saving, donating, investing and spending. The “Youth Saves Event” educates the younger generation on how to build their financial foundation.
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