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PrintTeach Children to Save FAQs
ABA Education Foundation
- What is Teach Children to Save Day?
- Do I have to participate on Teach Children to Save Day, April 27?
- Do you have a goal for 2010?
- Why should I participate?
- Do I have to use a Teach Children to Save Resource Kit?
- What free resources can I use?
- How will my bank be recognized?
- How can I get started?
- What if I still have questions?
1. What is Teach Children to Save Day?
Teach Children to Save is a national campaign that raises awareness about the important role that banks and bankers play in helping young people develop lifelong savings habits. The campaign has reached 3.4 million young people with the help of some 80,000 banker volunteers through its annual awareness day and the Teach Children to Save Web site: www.teachchildrentosave.com. This year's annual awareness day, Teach Children to Save Day, is set for April 27. Pictures from last year's event.
2. Do I have to participate on Teach Children to Save Day, April 27?
No. The purpose of the annual awareness day is to focus the attention of the media and general public, but bankers are encouraged to teach financial education throughout the year -- and many of you do. Because bankers are active throughout the year, the foundation maintains an ongoing honor roll of participating banks. So, if you teach in May or December, you'll still be listed on our honor roll (available on www.teachchildrentosave.com for the public and media). However, you may not get the same publicity that often comes with being part of a national effort.
3. Do you have a goal for 2010?
The Teach Children to Save goal is to reach 5 million students before the end of 2011, the program's 15th anniversary. Last year, when the industry was facing considerable challenges, many of you helped meet the Million Child Challenge, reaching 1 million students. An amazing accomplishment, considering you nearly doubled the students reached in 2008. With your energy and commitment, along with consumers' return to thrift, the financial future looks bright for our nation's young people.
10 in 2010: Ways to reach more students in 2010
- Bring 10 additional bankers onboard, or
- Give 10 Teach Children to Save presentations, or
- Give Teach Children to Save presentations to 10 new groups.
4. Why should I participate?
You can use your unique set of skills to help address a serious problem in our nation, the lack of financial literacy. Plus, it's fun! It's an opportunity to reach out to your communities and give young people the tools and inspiration for a successful financial future. Banker volunteers enjoy interacting with students during the lesson and when they stop by the branch to open a new savings account.
5. Do I have to use a Teach Children to Save Resource Kit? 6. What free resources can I use? When you register your Teach Children To Save participation online you'll get access to the TCTS Tools. These tools include a planning checklist, a sample email to recruit colleagues, a sample invitation letter to school administrators, Savers' Pledge, a news release template and promotional posters. 7. How will my bank be recognized? The foundation maintains an online list of Teach Children to Save participants. We will promote this list with media and policymakers to highlight your commitment to your communities.
No, you do not have to use the Teach Children to Save Resource Kit. Your lesson does need to be savings-focused. Also, look for a curriculum that is aligned with academic standards to ensure added value for teachers. Learn more about the TCTS Resource Kits.
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The foundation has a host of free resources available to bankers. Visit the products page on www.abaef.com for a budgeting worksheet, the Money Talks newsletter series and more.
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8. How can I get started?
Get registered. Once you've registered, you'll receive TCTS Tools with step-by-step direction to planning a successful event.
9. What if I still have questions?
If you still have questions, participate in our online training for new and returning participants. Participate in online training.
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Question? Contact the ABA Education Foundation.
