Hartford Teens Get Crash Course On Fiscal Literacy

HARTFORD, CT — As parents of teens can attest, young people's knowledge of fiscal management typically matures only to the point where it is realized that money doesn't grow on trees.

But a recent program by a statewide credit union and a Hartford-based nonprofit allowed dozens of participating Hartford teens to learn a thing or two about the almighty dollar.

American Eagle Financial Credit Union recently partnered with Community Renewal Team, Inc.,to provide an immersive financial education training program to nearly 60 teens participating in CRT’s Summer Youth Employment and Learning Program.

During the hour-long "Financial Reality Fair" on Tuesday, July 15, American Eagle FCU representatives and branch managers met with students aged 14-17 to talk with them about real-world budgeting scenarios with the help of an app used to help build critical financial skills.

“Financial literacy lays the groundwork for giving every young person a fair chance to succeed,” said Simeon Chapin, American Eagle FCU chief community officer.

“At American Eagle, we’re committed to empowering people of all ages on their journey to financial freedom through educational programs that are practical, relatable, and relevant. We aim to provide the tools and knowledge needed to make confident financial decision,s and the Bite of Reality simulation does a wonderful job at helping us provide these skills to young people.”

The Community Renewal Team’s Summer Youth Employment and Learning Program (SYELP), provided in partnership with Capital Workforce Partners, offers eligible students aged 14 – 24 in Hartford a valuable opportunity for summer career exploration.

For more information on the Community Renewal Team, click on this link.