CBS4: Middle School Students Learn Money Management, Donation Helps Keep Financial Literacy Class In Session

Story excerpt:

"Students at Mrachek Middle School celebrated the success of their financial literacy class and community support to expand that curriculum on Wednesday with a donation of more than $30,000 from Schomp Subaru. The money will help all seventh-grade students at that school take the course in the next academic calendar.

'We’re going to start getting jobs soon in a few years and I think it’s important that from a younger age we know how to deal with money and how to handle it responsibly,' said Izabella Tonjes, 12. 'I didn’t know pretty much anything about money, I didn’t know anything with banks or anything of that nature.'

Students have spent the semester learning about entrepreneurship and each was tasked with coming with a company idea to pitch as a team. They’ve also spent time understanding how interest can help them slowly earn money in a savings account and quickly increase debt when used with a credit card."