WINSTON-SALEM – High school students across the state get the chance to be college and career ready with some crucial spending and savings skills. BB&T on Tuesday announced the statewide expansion of its financial literacy initiative in Forsyth County.
For a little more than three years, Forsyth County high schools have offered students a chance to be savvy savers with a financial literacy program.
“It's amazing the number of kids in today's world that really don't know the importance of managing a checking account, balancing a checkbook and saving for the future,” said Cantey Alexander, the Triad Region President of BB&T.
The bank teamed up with the leading education technology company Everfi to create a financial course that teaches about 401(k) investments, savings accounts, how to manage a credit card and the importance of a credit report.
The program is now expanding to more than 450 schools throughout North Carolina. It is web-based using video, animations, 3D gaming, avatars and social networking.
"The teacher basically sets it up, knows about it and reinforces it but actually the kids do the work online themselves," Winston-Salem/Forsyth County Schools Superintendent said Don Martin.
The course offers up to eight hours of financial instruction. Students who successfully complete it receive a certificate in financial literacy.