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Teaching Students Financial Literacy

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Students at Spanish Springs High School got a crash course in financial fitness Friday.

The volunteer teachers from the Greater Nevada Credit Union focused on the issues that will affect young adults the most when they graduate, like how to save money, and what to know about credit cards.

"We wanted to equip them with certain tools that they need in order to be able to be successful in life," GCNU Community Outreach Assistant Giovanis Montero said.

Volunteers from GCNU shared their tips with a group of students in the Youth Empowered to Succeed program. The students learned the basics of handling their money and how to lay a strong financial foundation from the start.

The teachers said to remember to put some money away in savings before paying bills, and to be wary of offers and ads that sound too good to be true. They said to always read the small print before signing on with any financial offer, especially for credit cards, since bad decisions can affect credit scores. That can hurt the chances of getting a loan or even renting an apartment.

"We know that's a real issue for a lot of young people," Montero said. "They face a lot of challenges now. They're getting out into the workforce and they're going to be tempted by a lot of credit card offers."

Greater Nevada Credit Union has been using this curriculum on adults for a few years, but this is the first time it has been offered to students.

Written by Arianna Bennett
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