KANSAS CITY, Mo. (10/27/14)--Nearly 100 people in the Kansas City area were treated to a viewing party of the financial literacy television program Biz Kid$ recently.
Parents and kids learn the value of financial literacy during a Biz Kid$ viewing party put on by Kansas City CU, the National Credit Union Foundation and the Kansas City Public School District. (Missouri Credit Union Association Photo)
The event was put on by Kansas City CU, with $28 million in assets; the National Credit Union Foundation (NCUF), which directly supports Biz Kid$; the Local Investment Commission (LINC) and the Kansas City Public School District (Missouri Difference Oct. 20).
While the kids learned about basic financial management, parents learned the basics of savings accounts and easy ways to save money.
Biz Kid$, backed by credit unions, is a public television program that teaches kids the fundamentals of financial literacy, money management and entrepreneurship.
"There is a need to improve the financial literacy skills of the youth in America, and Biz Kid$ is the perfect vehicle to address that need," said Danielle Brown, director of development and donor relations for the NCUF.
After the video was shown, the students participated in a lesson plan that applied many of the ideas from the TV show. Meanwhile, parents attended a seminar facilitated by Kansas City CU's branch leader Ken Pierce.
At the end of the event, the parents were offered an opportunity to open their own credit union accounts as well as ones for their kids through the Kids Club program.
"There is a great need in the inner city for financial literacy, so we deeply appreciated Kansas City Credit Union taking on this educational effort for the students and parents of Faxon Elementary," said Yolanda Robinson, Caring Communities site coordinator for LINC in Kansas City.