Photo credit: Lowincome.org

High School in North Carolina Teach Money Management by Adding a Bank

Hillside High School in Durham, North Carolina began to take the money man by the hand by opening a bank and teaching students how to manage finances. The school offers finance classes to learn financial literacy, and they employ the students and also make them interns.

via LowIncome.org

This is the first branch that the bank has opened at a high school, according to the bank’s senior vice president, Jessica Valentine. The initiative was supported and applauded by State Treasurer Janet Cowell, who stated, “I’m looking forward to traveling the state to emphasize the importance of building better money management life skills and saving practices that will benefit North Carolinians from early childhood through retirement.”

Photo credit: Lowincome.org

Photo credit: Lowincome.org

This is a great look for the students and hopefully they take full advantage of it all.