First Northern Bank of Wyo makes financial literacy program free for local schools

//First Northern Bank of Wyo makes financial literacy program free for local schools

Originally posted on www.wyomingbusinessreport.com

Local students are getting a free education in how to manage their money. First Northern Bank of Wyoming is working with Banzai, a national award-winning financial literacy program, to make the curriculum available to six schools in the Buffalo, Gillette, and Sheridan areas completely free.

“Banzai is a web-based financial literacy program. Kids have their own bank accounts, and they work through assignments that are based on real life,” Morgan Vandagriff, co-founder of Banzai, said. “But because First Northern Bank of Wyoming is sponsoring it, local schools get it for free. More than ever, it’s important that kids develop sound financial skills to prepare them for the real world. First Northern Bank of Wyoming realizes that, and they’re doing something about it.”

Banzai is an interactive, online program which aligns with state curriculum requirements for personal finance education. It has become the largest program of its kind, servicing more than 40,000 teachers and available in all 50 states.

First Northern Bank of Wyoming has offered time, money, industry experience, and a variety of bank resources to help local schools teach personal finance in the classroom.

Students using the program are exposed to real-life scenarios where they learn to pay bills and balance a budget – but it’s not always easy. Students must learn to manage unexpected expenses such as parking tickets, interest charges and overdraft fees. The educational program also introduces students to auto loans, bank statements, entertainment costs, savings and more.

“Too often students get out of school and they just aren’t ready for the financial roller coasters life can give us,” Vandagriff said. “Banzai teaches students to navigate those twists and turns and come out on top. We’re excited to work with First Northern Bank of Wyoming to improve financial literacy in local schools.

Teachers interested in using the Banzai program can visit fnbwyoming.teachbanzai.com or call 888-8-BANZAI.

By |2018-10-24T19:03:50+00:00August 30th, 2018|Tags: |