Tuesday, February 16, 2010

Investing in their future...

I worked on a pretty cool story today about a program that works to get urban youth interested in finances, investing, interest rates, stocks and bonds. It's all part of an effort with William Jewell College's SIFE (Students in Free Enterprise) program and the KC Urban League's Wealth Creation program, giving people tools they need to break out the cycle of poverty.

It was so exciting to be in this room full of kids who really seemed to get it. They realized that this wasn't just numbers and data... it translates to the real world in a way that impacts them and their future. The way they would determine whether stocks were up or down was by the roll of a dice, which seems arbitrary, but really, it is in the real world too. So it shows what a gamble it is, but also how you can make smart decisions based on patterns and waiting out the highs and lows. Their excitement was genuine and contagious.