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The road to financial literacy

Posted by kim carpenter on October 22, 2008
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Money Bus rolls into Indy with program to teach kids skills early

 I think this is a great idea!!!  If you start early, they get a great basis for financial saving!

As a nation full of adult consumers faces financial turmoil and instability, Merrissa Hopper has saved $50 in her piggy bank.

The 12-year-old from Fishers is perhaps more financially savvy than many of us. Each week after doing household chores, she saves some of her $10 allowance with the intention of buying “some more clothes later.”

“Sometimes I save it all,” says the seventh-grader. “Sometimes when I want to buy something little, I put back $5.”

Teaching today’s kids the critical skills of personal finance and financial literacy is coming to the forefront in light of the stock market meltdown, rise in home foreclosures, and poor retirement planning plaguing America.

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