The Gift of Smart Money Management this Holiday Season

A recent Rand poll showed more teens are saving for clothes than for college!  This is an ideal time to embrace the holiday spirit and set kids on the path for college success, workforce readiness and financial security.

Though holiday deals may still be plentiful, Junior Achievement (JA) is encouraging other forms of giving this year. JA is the world’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices.

So instead of running to the mall or electronic store this year consider the following options that will last well beyond 2013:

  • Make donations to college funds;
  • Purchase savings bonds in the child’s name, or for older kids;
  • Give school essentials like laptops, printers or USB drives

“The holiday season is an opportunity to spend time with loved ones,” said Jack E. Kosakowski, president and CEO of Junior Achievement. It’s also the perfect opportunity to talk to children about the tools they need to be successful as they embark on their education, careers and build their own memories with family and friends.”

Junior Achievement reaches 4.2 million students annually in kindergarten through high school. It offers many wonderful resources for parents to help prepare their teens for their financial futures.  Junior Achievement $ave, USA, offers a suite of materials about how to talk to teens about money and financial literacy.