MODELING YOUR Craft (wealth) TO YOUR KIDSBY Promoting Children’s Finance Literacy and Investment

ABOUT WEALTHYKIDS.ORG

Wealthykids.org is a Private Equity Trust organization founded in 2012Offers personal financial education and assistance with money, credit, and debt management through educational programs and confidential counseling.

About

POWERED BY GOD!!!!!!!!!

INTRODUCTION

"Children and teenagers should begin learning basic financial skills as early as possible. Indeed, in many respects, improving basic financial education at the elementary and secondary school level is essential to providing a foundation for financial literacy that can help prevent younger people from making poor financial decisions that can take years to overcome."-Retired Federal Reserve Chairman Alan Greenspan

PARAPHRASE

"Children and teenagers should begin MODELING YOUR entrepreneurial skills as early as possible. Indeed, in many respects, improving entrepreneurial education at the elementary and secondary school level is essential to providing a foundation for entrepreneurial literacy that can help create younger business owner that can create business investors for years to come." - Shaana D Ramos, CEO of Wealthykids.org

Grades k through 5

Your window of Opportunity for Entrepreneurial Lessons● No preconceived notions about what they can learn.● By kindergarten children are already experienced in

spending their parents' and their own money.● They are already consumers.● Primary spending:Kids spend $10 billion and climbing● Influenced spending:(parent urged) $250 Billion and

climbing

Grades K through 5 cont:

●Marketers target children as young as 18 months

●Spending habits are already set by high school,even middle age.

●Credit card companies, having saturated the college market, are now going after young teens and "tweens" (ages 8-12)

Modeling YOUR skills to Your children

1. Examine your own attitudes about business modeling

2. Involve your child in business planning3. Give your child an internship and let him/her

be in charge of implementing it4. Expect your child to contribute in your

business endeavors5. Provide extra income opportunities6. Teach your child to save regularly7. Help your child discover the satisfaction of

sharing

Contin:

8. Show your child how to be a wise consumer.9. Teach your child a healthy attitude toward credit.10. Teach your child the VALUE OF WISE INVESTMENTS!

THREE MILESTONE STAGES

Any four year old can tell you where money comes from-the ATM, of course. But once kids learn that money buys candy and toys, many begin collecting every nickel. Exposing children early to the everyday realities of earning money and managing the family's budget can help shape how they feel about money throughout their lives.The key is to keep it simple in the beginning and provide more details as you go along.

By Grade 4

● Identify the different types and denominations of money.

● Know about checks and ATM cards-and that you must have money in your account to use them.

● Understand the concept of borrowing money and paying it back.

● compare the advantages and disadvantages of keeping their savings in a piggy bank, credit union, or with their parents.

By Grade 8

●Make a short or intermediate financial goal for themselves.

●Identify examples of taxes on income, goods and services

●Calculate simple interest (math teachers come in handy here, too).

●Develop and revise a budget

By Grade 12

● Complete simple income tax forms● Reconcile a checking account statement● Compare risks and returns on various

savings and investment options.● Understand how creditors use credit reports.● Compare Annual Percentage rates (APRs).● Identify the balance owed, the grace period

and due date on a credit card statement

INTRODUCTION TO THE BIZ "SIM" PROGRAM

How to set up a investment internship program1. Provide your child with the tools to invest. They must

have a resource of money, preferably earned, that enables them to have money of their own to create business opportunity through project creation/investmento The Life "SIM" class is designed to teach kids how to

earn, save, share and bank "play" money before using real exchange

2. Provide the proper environment where a child can safely keep the money saved. This can be a piggy bank or a toy safe or a savings account

Contin:

2a. The BIZ "SIM" program is structured to teach children how to develop finance literacy before moving forward with money so it is a safe environment to learn the principles of banking and finance.3. Monitor the activity and provide encouragement. Set goals and then reward your child with praise for successfully saving the money.

oThe BIZ "SIM" program has a built in reward system for all completed tasks

Contin:

When/If I should start my child on an allowance?1. Can I afford to pay my child a weekly allowance?2. Is my child old enough to begin learning about money

and responsibility?3. What household chores do I want to tie to the payment

of an allowance?o The answer is yes! Through the Life "SIM" program

you can create an allowance opportunity before you begin giving money through play!

Savings, Spending, Sharing

1. Saving some portion of the allowance needs to be allotted for short-term and long-term saving.

2. Spending, depending on the budget you develop with your child, at any age, there needs to be some money that is the child's fund to spend as he/she wishes.o The Life "SIM" program has a budget plan prepared

for you to teach the kids how to create their own budget with their "Spendstore" money. With the principles of SSS

How to choose chores

1.Jot down your child's current chores2.Think about extra duties you feel he/she

could handle3.Allow your child to choose4.Have two or three mandatory chores5.Have your child pick one

oThe Life "SIM" is an ongoing program to teach community responsibility through recycling as well as a Three day commitment to complete the course. This for character building as well.

Business projects that help create future

The BIZ "SIM" is LIFE program is a day's work simulation in which the children receive an assignment, a name badge, a time card and other materials to complete their work assignment for the day's pay. This to foster a work ethic as well as obtain spending money to "Save, Spend and Share" in class.

JOIN US!!

The Life "SIM" project is goaled at developing financial and entrepreneurially sound students to prepare them to begin to use the tools founded to create entrepreneur intern investment accounts with our investing partners and finance educators. You as Custodial care parent's guide you children through these successes as account guardians. This program has been made possible by our sponsors and membership investors. Give your child a future.

Getting Kids Hooked On Finances

This program has been provided by Sarah Associates Now known as SARAHWEALTH, Founder of Thank you for coming and remember,WELLS SPRING LIFE!!!!