St. Bernard Prep School’s Economics class recently completed a financial literacy education program, EverFi - a web based financial management through a partnership with Peoples Bank of Alabama.
Instructor, Bill Nuss said students spent at least 8 hours covering: savings, banking, credit cards and interest rates; credit score, Financing higher education; renting vs. owning; taxes and insurance; consumer fraud; and investing.
“EverFi correlated with our classwork assignments and on several occasions students referred to the course in class.” Nuss said. The course used video, animations, 3-D gaming, avatars and social networking to bring financial concepts to life.
Senior Michayla Brown of Arab found the course to be very informative especially in terms of student loans, but expressed a shocking discovery that not all debt was bad. “It has helped me in planning how to finance my college education. I also learned there is such a thing a good debt where investments appreciate in value.” Michayla has been accepted in the Samford University Fellows Program and plans to major in science and religion.
Fellow classmate Anna Caroline Keefe, found out quickly she wants to save more money. “I realize my spending habits are a bit excessive, so I plan to save money.” Anna Caroline will attend Ole Miss in the fall majoring in Chemistry aspiring to attend dental school to become an orthodontist.
Annie Harris, Regional Manager at Peoples Bank, presented students with Teen Moola-U T-shirts and a certificate recognizing each student for their participation in the program.
Steve Stanford, PBA Executive Vice President, invited students to consider banking at People’s Bank of Alabama. “With our technology, it doesn’t matter where you are in the world; Peoples Bank is one click or one call away.”
Peoples Bank of Alabama is committed to promoting financial literacy that teaches adults to better understand money management principles. MOOLA U BASICS is an interactive financial education class that one can take anytime, anywhere –online and at their own pace at www.Moola-U.com.