Fifth-grade students at all 13 elementary schools in Hardin County Schools will begin Abound Credit Union’s financial education program this month.
“With financial literacy now required at the high school level, introducing these concepts at a younger age before students begin exploring career opportunities in middle school is vital and strengthens the vertical alignment of our curriculum,” said Greg Sutton, chief academic officer for the school district, in a news release.
During the 2019-2020 school year, three Hardin County Schools participated in the program and Sutton called it “a very positive experience” for the students.
Abound’s Financial Education Program leverages technology and performance-based games to immerse students in real-life financial scenarios, a statement from the credit union said.
The program will be offered on Wednesdays, as part of Hardin County Schools’ instructional enrichment and enhancement activities, during the nine weeks beginning Oct. 13.
“Our Work Ethic Certification Program teaches high school students about getting a job and how important it is to make a living wage, but for many Americans an unexpected expense of $400 can be catastrophic,” HCS Superintendent Teresa Morgan said in the news release. “We must educate our students about financial responsibility to ensure they understand how to manage their money effectively before they enter the workforce.
“Even some of our brightest young college students do not realize how detrimental taking on credit card debt can be for them long-term,” she added. “The younger we start teaching financial education, the more likely students will be to share this valuable information with their families and establish better savings habits themselves.”
In addition to financial education and training provided for youth, Abound Credit Union offers free online learning tools and resources for adults at aboundcu.com.
Headquartered in Radcliff, Abound Credit Union is Kentucky’s largest credit union with 18 locations, $1.8 billion in assets and more than 110,000 members.