Local students are getting a free education in how to manage their money. First County Bank is working with Banzai, a national award-winning financial literacy program, to make the curriculum available to 8 schools in the Fairfield, New Canaan, Norwalk, Stamford, Westport, Wilton areas completely free.
"Banzai is a web-based financial literacy program. Kids have their own bank accounts, and they work through assignments that are based on real life," Morgan Vandagriff, co-founder of Banzai, said. "But because First County Bank is sponsoring it, local schools get it for free. More than ever, it's important that kids develop sound financial skills to prepare them for the real world. First County Bank realizes that, and they're doing something about it."
Banzai is an interactive, online program supplemented by printed workbooks which aligns with state curriculum requirements for personal finance education. It has become the largest program of its kind, servicing more than 35,000 teachers and available in all 50 states.
April is National Financial Literacy Month, and it’s dedicated to helping Americans improve their financial well-being. We’re making an extra effort to spread awareness to teachers about a free financial literacy program available to them. First County Bank has offered time, money, industry experience, and a variety of bank resources to help local schools teach personal finance in the classroom. Students using the program are exposed to real-life scenarios where they learn to pay bills and balance a budget – but it’s not always easy. Students must learn to manage unexpected expenses such as parking tickets, interest charges and overdraft fees. The educational program also introduces students to auto loans, bank statements, entertainment costs, savings and more.
“Too often students get out of school and they just aren't ready for the financial roller coasters life can give us,” Vandagriff said. “Banzai teaches students to navigate those twists and turns and come out on top. We're excited to work with First County Bank to improve financial literacy in local schools.”
Teachers interested in using the Banzai program can visit firstcountybank.teachbanzai.com or call 888-8-BANZAI.