Empowering the Next Generation through Volunteering; Teaching Financial Literacy with Junior Achievement

Written by Emily Sukman, Community Engagement Officer | 4/16/24 5:00 PM
3 minute read

As we commemorate National Financial Literacy Month and National Volunteer Week in April, we want to highlight the importance of financial education and volunteerism. At First Foundation, we believe in the pivotal role that financial literacy plays in promoting economic mobility. With great pride, we align ourselves with Junior Achievement, aka JA, the nation's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices.

Our long-standing partnerships with local JA affiliates connect our employees with students in low—and moderate-income communities to share their experiences and knowledge.  As classroom volunteers or mentors for the day, the students learn how to manage money through budgeting, understanding credit and taxes, saving, and even donations, as well as work readiness and entrepreneurship.  We appreciate and celebrate the many employees who empower and teach these essential skills to our future employees, business owners, teachers, and more.

Volunteers can combine in-class learning with a day-long visit to JA’s BizTown. This popular learning experience allows elementary school students to operate banks, manage restaurants, write checks, and vote for mayor.  Students can connect the dots between what they learn in school and the real world. Mark Agostino, Branch Manager in San Diego, CA, says, "I've been able to volunteer for my children's school visits and am grateful for the education JA provides to our community."

The impact of JA's financial literacy programs is evident in the success stories of students like Mark's son, Maxim, who was elected Mayor of Biztown. Maxim says, "Junior Achievement has taught me how to write checks, deposit money in the bank, and has helped me explore different careers." Volunteers play a crucial role in helping students understand finances so they can feel confident in managing their income and savings in the future.

JA Volunteers deepen their knowledge and understanding of financial concepts, improve their teaching skills, and have fun learning with students. "I enjoy teaching students about Financial Literacy," says Paul Toves, Client Services Manager, in our Las Vegas, NV Branch. "I believe it's not taught enough in the education system. Programs like JA make a difference by giving youths the knowledge and information to inspire them to make better decisions about money, finances, and their futures."

 “Volunteering with JA Dallas was an amazing experience from start to finish," says Tyler Younger, Branch Manager in Plano, TX. "I felt like we truly made an impact on the students and them on me. I can’t say enough good things about JA!"

"I have received some Thank You cards from students who said that they want to be bankers when they grow up; cards like these bring a smile to my face,” says Paul. “I didn't have JA growing up in Guam. Educating the younger generation about financial literacy is a personal goal of mine and my way of giving back."

“Volunteering with Junior Achievement allows me to make a tangible difference by empowering young minds with invaluable financial knowledge and life skills,” says Alyssa Haney, Digital Marketing Manager. “It's not only about giving back to the community; it's about shaping a more economically savvy and inclusive generation. I'm proud to be a part of an organization that prioritizes holistic community impact.”

In a rapidly changing economic landscape, being financially literate is not just advantageous – it's essential. By focusing on student education, Junior Achievement paves the way for a future where individuals navigate financial challenges with confidence and wisdom. First Foundation is committed to sharing financial knowledge through volunteer opportunities, like those with JA, and empowering the next generation with the tools they need for financial success.