• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

11-Year-Olds Who Manage Money Better Than Congress? Elementary School Students Graduate With Budgeting Experience

Posted on: Friday, 29 May 2009, 06:50 CDT

ORLANDO, Fla., May 29 /PRNewswire/ -- After attending grades K - 12, most of us graduate still knowing little about how to manage money. Worse yet, huge numbers of college students fall into tremendous credit card debt before their senior year. Clearly, there is a need for educators to teach kids how to avoid financial problems and effectively manage their money.

Recognizing this need, finance and credit expert Monika Nagy is teaching 11-year-olds how to manage money, buy a car, buy a home, and avoid foreclosure. Nagy's class at the Maitland Montessori School takes students through the earning process, purchasing process, and even bankruptcy. Students make the connection between budgeting and financial health. Many start off wanting to buy a Lamborghini but soon see the sense in buying a used car instead.

"Being bankrupt at age 11 is better than being bankrupt at age 25," Nagy points out. Parents are thrilled with her innovative program that gives kids a significant advantage that their parents never had.

Invite Nagy to tell your audience these five things all parents should be teaching their kids now:

• Budget for upcoming expenses.
• How to avoid bankruptcy and foreclosure.
• The financial impact of interest rates.
• The difference between wants and needs.
• Shopping strategies to get the most for their money.

CREDENTIALS: Monika Nagy is one of only 130 certified credit analysts in the U.S., a former professor, and the author of the new book Give Yourself the Credit You Deserve. Her book reveals the financial industry secrets on how to improve your credit score and keep it high in today's volatile economy. Nagy has been interviewed by the Daily Buzz morning TV show, MSN.com, Money Magazine, AOL, The Christian Science Monitor, Atlanta Parent, and numerous radio shows across the country, including The Rich Roffman Show in Miami and WFAN in New York.

AVAILABILITY: Florida, nationwide by arrangement, and via telephone

CONTACT: Monika Nagy, (407) 740-7777 (FL); monika@financialfuturecoach.com; http://www.financialfuturecoach.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Monika Nagy

Source: PR Newswire

More News in this Category