Press Releases

“Better Managing Money” among Teens’ Top New Year’s Resolutions, according to new Junior Achievement survey

January 05, 2017

SAN DIEGO— January is when many of us make New Year’s resolutions and according to a new JA USA study, millennials want to learn how to better manage their money in 2017.   The survey of 13-to-17-year-olds revealed 1 in 5 teens (20%) want to make saving money/learning better money management skills their top New Year's resolution. 

To help San Diego teens stick to their New Year Resolution, Junior Achievement is partnering with 6 Degrees Networking to impact 125 students from Madison High School with the Mission Fed JA Finance Park program on Wednesday, Jan. 18 from 9am to 1pm.  During the event, 6 Degrees Networking members will share their career success and bring life-lessons of adulthood to JA students.

The JA Finance Park program helps students decide what happens after high school as they plan for education, career and financial success. When students come to the Park, they receive a “life situation” and income based upon a real San Diego job they choose in the classroom. Students must then apply for a home loan, purchase a car, shop for groceries, make investments, save for the future, all while balancing a monthly budget. At the end of the day, students connect what they are learning in school to the real world of adult responsibilities.

WHEN:                            Wednesday, January 18

TIME:                              9 A.M. –  1 P.M.

WHERE:                         Mission Fed JA Finance Park

                                       Junior Achievement of San Diego County

                                        4756 Mission Gorge Place

                                        San Diego, CA 92120

 

KEY QUOTES:                    

Sharon Jenks, CEO, 6 Degrees Business Networking:  “Building 21st-century leaders has always been a priority for our team and members.    Our partnership with Junior Achievement allows us to further our mission of ensuring students are prepared for financial and career success.”

Marla Black, President and CEO at Junior Achievement of San Diego County:  “6 Degrees Networking shares our passion for inspiring youth to look beyond high school and dream for a bigger and brighter future. This partnership will bring San Diego’s top business executives to JA Finance Park so they can share their career success and bring the life-lessons of adulthood to JA students.  

VISUALS: Media is invited to tour Mission Fed JA Finance Park and interview students from Madison High School about their experience and challenges to meet a monthly budget.  JA staff and 6 Degrees Networking volunteers are also available for interviews.

STATS:                 

Nearly 60 percent of today’s teens don’t think they will be ready to financially support themselves by the time they turn 24, according to a 2014 survey conducted by Junior Achievement USA and Allstate Foundation.

Did you know California received an “F” grade in teaching students about financial literacy? According to 2015 study by the Center for Financial Literacy, California is one of eleven states that have few requirements, or none at all, for personal finance education in our high school.

Nearly half of all teens don’t know how to create a simple budget, according to a 2014 survey conducted by Junior Achievement USA and Allstate Foundation.

 

CONTACTS:

Kristi Zimsky                                                                      Michelle Stansbury 

Junior Achievement of San Diego                             Little Penguin Public Relations

(404) 944-0414                                                   (619) 663-9704 

kzimsky@jasandiego.org                                              Michelle@littlepenguinpr.com