Boys and Girls club receive money management training - WALB.com, Albany News, Weather, Sports

Boys and Girls club receive money management training

Posted: Updated:

  • More WALB News10 HeadlinesMore News Headlines

  • Thursday, June 20 2013 12:09 AM EDT2013-06-20 04:09:02 GMT
    The Albany Water Gas and light commission is preparing customers for a change that starts soon for those who pay with debit or credit cards.   WG&L leaders say the utility is paying $20,000 dollars a month
    The Albany Water Gas and light commission is preparing customers for a change that starts soon for those who pay with debit or credit cards.

  • Wednesday, June 19 2013 11:41 PM EDT2013-06-20 03:41:18 GMT
    An Albany man who was born when Woodrow Wilson was president celebrated his birthday today. Century Pines Assisted Living Center threw a party for resident Charles Walker who turned 101 today. Walker was
    An Albany man who was born when Woodrow Wilson was president celebrated his birthday today.

  • Wednesday, June 19 2013 11:34 PM EDT2013-06-20 03:34:54 GMT
    For years, the area right across the street from the RiverQuarium has been rundown, but that's changing. A couple of businesses are thriving there. The new art park is open, and a sidewalk improvement
    For years, the area right across the street from the RiverQuarium has been rundown, but that's changing.
    •   

By Ryan Houston - bio | email

ALBANY,  GA (WALB) –Dozens of Albany area teens are working in the Boys and Girls Clubs summer program. They're also being taught the importance of managing the money they make.

The Money Matters training kids received is part of a larger job program sponsored by the Department of Human Service. DHS teamed up with Albany's Sun trust Bank to teach the teens valuable lessons.

Most teens don't have a lot of experience in managing bank accounts."Basically it's all about security and carrying your money so you won't lose money that's lose in your pocket," said Student Josh Green.

"My Father he works at a bank but I didn't really know much," said Student Kendall Hicks. But all that's changed thanks to Sun trust Bank."If you get something direct deposit you get to swipe your card so If you want something now you have the money now," said Green.

"Checking accounts, because I like to spend money on them debit cards and you can take debit cards everywhere," said Hicks. The idea behind the one hour workshop was to teach kids the real meaning of a dollar.

"The importance of managing money you just don't come get a pay check and blow the whole check," said Director of Boys and Girls Club Bob Hutchinson.

"But you have to start somewhere and what better place to start than with a young person," said Bank President Alfredia Hampton. And after Josh Green got his first pay check he knew exactly what to do.

"I actually bought some clothes and the rest of it is in the bank," said Green.

And that's a pretty good spot for it."I'm gonna need it for college ,and I'm going in Atlanta ,so that takes a load off my mother," said Green.  

Saving for a rainy day could help more than you think. Sun trust is offering to give financial training to any group that wants it.

To apply just go to your local Sun trust Bank and ask for the manager. There will be a phase 2 for the Money Matters segment.

Next the kids will learn ways to save especially in this type of economy. ©2010 WALB News. All rights reserved.   Feedback