This summer, Promise has partnered with Huntington Bank to provide a series of educational financial literacy classes to teens in Central. With 1 in 5 teens in the U.S. lacking basic financial literacy skills, classes will focus on some of the essential elements of banking: checking accounts, credit, budgets and more.
Twenty-eight students from St. Vincent Charity Medical Center’s Resilient Youth program attended the first session on June 21. Charmaine Jordan, a Cleveland State University grad and analyst at Forest City Realty Trust, spoke to the youth about her upbringing in the Central community and how her previous experiences shaped her current understanding of finances. Representatives from Huntington Bank then walked the students through the steps of setting up a bank account, and used interactive tools to help them understand how to balance a checkbook.
Classes are held biweekly through August at the Cleveland Public Library’s Woodland Branch. Next class is Thursday, July 5 at 3 p.m.