On Friday, October 5th, 300 students at Bracken Elementary School made their first deposit and in a matter of a few hours the school's bank account hit the $1,000 mark!!! Just as they would do in a real bank, children patiently stood in line waiting for their turn to see the "bank teller" and hand over their deposit slips and passbooks - each student received an opening deposit of 25 cents donated by the Young Philanthropist Society.
United Way's Young Philanthropists Society members are leading this unique financial literacy initiative designed to teach children how to save money through an innovative curriculum and by simulating a traditional banking experience. During the course of the 2012-2013 school year, students at Bracken Elementary School will learn the basics of personal finance while stressing the importance of saving and spending wisely.
"The Piggy Bank" at Bracken Elementary will be open on Fridays from 8:30am to 9:30am giving students the opportunity to put into practice the lessons they learned in the classroom. This is another example of successful community collaboration and we are excited to be part of it! - "The Piggy Bank" is a partnership between United Way of Southern Nevada, Junior Achievement, Silver State Credit Union, Walter Bracken Elementary School, and the Andson Organization.
Congratulations to all the kids and families at Bracken Elementary School in taking the first steps on the road to financial responsibility!!