St. Louis Fed’s Louisville Branch Helps Teach Children to Save

The Louisville Branch of the Federal Reserve Bank of St. Louis is proud to participate in Teach Children to Save Day as part of Financial Literacy Month.

Teach Children to Save Day is a national program that organizes volunteers to help young people learn how to save. The day will be observed Friday, April 28, 2017, but volunteers visit classrooms the entire week of April 24-28.

Regional Executive of the Louisville Branch Nikki Jackson read Tuesday, April 25, to kindergarten students at Roosevelt-Perry Elementary School in Louisville.

“Research shows that children form financial habits as early as age 7,” said Jackson. “If we teach children to understand how the economy works and how to make informed decisions, they’ll likely grow up to make better financial choices.”

Jackson taught a lesson based on the book "Bunny Money." The lesson combines mathematics and language arts and aligns with the Common Core State Standards. Like other volunteers, Jackson donated the book to the classroom library; she also gave each student a piggy bank.

Erin Yetter, the senior economic education specialist at the Louisville Branch, has spent long hours contacting schools and bankers to ensure classrooms across Kentucky have guest speakers ready to participate. Yetter also is vice-president of the Kentucky Jump$tart Coalition.

“At the St. Louis Fed, we’re passionate about preparing everyone – children and adults – to understand more about economics and personal finance,” Yetter said. “We’re proud to support Teach Children to Save Day in Louisville and across the region.”