Financial Literacy Promotion Project (1-3 ppl per team)

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Financial Literacy Promotion Project (1-3 ppl per team)

Post  admin on Sun Oct 27, 2013 11:47 pm

The purpose of the Financial Literacy Promotion Project is to provide an opportunity for the chapter mem- bers to demonstrate the knowledge and skills needed in planning, organizing, implementing and evaluating a campaign to educate chapter members and the general public or an organized group about the importance of financial literacy. To be financially literate, one must be able to confidently read, analyze, and manage their personal finances to lead more secure and satisfying lives.
The most basic areas include banking (managing checking and savings accounts), budgeting, and setting and implementing financial goals (short term to retirement). To set and obtain financial goals, one must have a working knowledge of investment instruments, borrowing, and insurance. Further, financial literacy includes an understanding of employment benefits, taxes, and other payroll deduction options. Maintaining good credit can save an individual a significant sum of money in interest savings, insurance premiums, and may even affect one’s ability to secure employment.
The Financial Literacy Promotion Project is a chapter project that develops the economic and marketing knowledge and skills necessary to be successful in a global economy. After learning the economic principles associated with financial literacy, chapter members will utilize their marketing knowledge and skills to com- municate the benefits of financial literacy to others. The project may begin at any time after the close of the previous chartered association conference and run to the beginning of the next chartered association conference.

Maximum: 1 TEAM


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Join date : 2008-09-13

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