Program gives teens real-world lessons on money matters
2024-07-24
Empowering Youth: A Comprehensive Guide to Car Buying for First-Time Drivers
In a world where financial literacy is often overlooked, a group at Fellowship Hi-Crest is taking a proactive approach to equipping young people with the knowledge and skills they need to navigate the car-buying process. By offering a hands-on learning experience, they aim to provide teenagers with a solid foundation for making informed decisions and achieving their financial goals.
Unlocking the Keys to Financial Independence
Navigating the Car Lot: A Step-by-Step Approach
Buying a first car is a significant milestone for many young people, and it's also an opportunity to learn valuable lessons about personal finance. The upcoming session at Fellowship Hi-Crest's Bridge Builder's Investment Club will take participants through the entire car-buying experience, from understanding sticker prices and desired features to exploring financing options.By walking through the process step by step, the session will equip participants with the knowledge and confidence they need to make informed decisions. Participants will have the chance to visit a car lot and engage in hands-on activities, allowing them to apply their newfound understanding in a real-world setting.
Mastering the Art of Maintenance and Insurance
The car-buying experience is just the beginning. Future monthly sessions will delve deeper into the ongoing responsibilities of car ownership, covering topics such as insurance, repairs, and maintenance. These essential life skills will empower young people to make sound financial decisions and avoid costly mistakes down the line.Brail Watson, the youth minister at Fellowship Hi-Crest, and Kendall Beemer of Link Wealth Strategies, believe that learning how to manage these financial obligations is crucial for young people's long-term success. By providing a comprehensive program that addresses the various aspects of car ownership, they aim to set participants up for a lifetime of financial stability and independence.
Cultivating Financial Literacy: The Bridge Builder's Investment Club
The Bridge Builder's Investment Club is more than just a car-buying workshop; it's a holistic approach to financial education for young people. The program offers a range of lessons and activities designed to help participants develop a strong foundation in personal finance, from budgeting and saving to investing and goal-setting.By engaging with the club, young people in grades 6 to 12 can explore the world of finance in a supportive and interactive environment. The sessions are tailored to their needs and interests, ensuring that the content is both relevant and accessible.
Empowering the Next Generation of Financial Stewards
The car-buying experience session and the broader Bridge Builder's Investment Club are part of a larger effort to empower young people and equip them with the tools they need to achieve their financial goals. By providing hands-on learning opportunities and a supportive community, the program aims to inspire a new generation of financially responsible and independent individuals.As Kendall Beemer of Link Wealth Strategies emphasizes, "Learning how to make decisions that will get them to their goals is important for young people." This sentiment lies at the heart of the Fellowship Hi-Crest's initiative, as they work to cultivate a generation of financially savvy and empowered young adults.