Back-2-School: STACKS Magazine Gives Local AtlantaYouth “Kid Sav-E Money Tips” admin Monday, July 29, 2013 The Connect, The Receipt, Your Money and You On Saturday, STACKS Magazine had the pleasure of attending the “Back-2-School Fun Fest” event held by The Center for Working Families. The outdoor/indoor event, located at Dunbar Recreation Center, was put on for the local children living in the Mechanicsville area in Atlanta, Georgia. This was the TCWFI’s second year putting together this event for the community. Over 400 people attended along with various businesses, media, and local politicians such as Mayor Kasim Reed. The kids were treated to free school supplies, games, free haircuts, and much more. The vendors, staff, and volunteers all were nice and had a great time at the event. STACKS Magazine was one of the event sponsors who donated monies toward book bags and school supplies. Bels, of STACKS Mag, was on hand to give out special gifts (gift cards) to two lucky winners for use on other items he or she may need for school. As a financially-inspired web-based magazine, it was important to educate the kids as well. Therefore, the team equipped the kids with some great money tips that will help them throughout their adolescent growth. The best way to secure a child’s future is to start learning early – how to make, save, invest, and value money. Here are three basic stages to stack cash and save: STAGE ONE – TODDLERS-TO-TWEENS – Go shopping with parents – Pay attention at how mom or dad pay for food, clothing, etc – Find out what a dollar bill looks like, what a quarter is, etc Parents: – Teach your kids the difference between “wanting” and “needing” something – Teach them basics on how to earn money – by working or completing a household chore – Teach kids how to “share” with other people or donate items to charity STAGE TWO – TWEENS-TO-TEENS – Start saving your allowance; stash cash at home or ask parents to open up a Savings Account in your name at the bank – Do odd jobs around the house or your neighborhood to learn the concept of “having a job” – Ask parents about how credit cards work – Become your won boss/entrepreneur; start a small business by cutting grass, washing cars, selling candy, etc – Learn how to budget your money STAGE THREE – TEENS-TO-ADULT – Continue working and saving money – Learn how to invest small amounts of money in stocks, CDs, etc – Decide where you want to be in 5, 10, 20 years; set a goal and map out a plan Check out a few of the photos from the event: Special thanks to Roydonna Kevinezz and Dameon Daniels, of TCWFI, Inc for the invite!!
