U.S. Conference of Mayors' DollarWise Campaign Launches 2015 Summer Youth Contest
WASHINGTON, June 26, 2015 /PRNewswire-USNewswire/ -- The United States Conference of Mayors' DollarWise Campaign has announced its fourth annual Summer Youth Contest, and invites cities and their summer youth programs to participate. During the summer, youth will be encouraged to complete a set of six online financial education modules that help them save for their future, making them eligible to win prizes including iPads, Kindles, and iPods.
DollarWise has partnered with Bank of America to incorporate Better Money Habits.com as part of the contest curriculum. The six modules include information on: better money habits, how to set a budget, credit and debit cards, how to create an emergency fund, how to save for a car, and how to save for college.
Upon completing each module, youth will be entered into a weekly raffle where three selected participants will win an iPad, Kindle, or an iPod Shuffle.
Raffles will be held every Friday at 5pm (ET) beginning June 26th, and ending July 31st. Youth can register for the Contest and complete the modules by going to: bedollarwise.org/syc. To access the Summer Youth Contest flyer go to: bedollarwise.org/media/2015-syc-flyer.pdf
Cities are encouraged to create their own contests based on the DollarWise online modules. In 2014, Baltimore and Wichita hosted their own citywide contests, in conjunction with the national DollarWise contest, to provide youth with further opportunities to save for their future.
Last year, over 2,370 youth participated in the Summer Youth Contest. Mayors were invited to present prizes to winning youth. The Contest was run with assistance from the Mayors' Workforce Development Council, whose members implement summer youth employment programs each year.
The Mayors' National DollarWise Campaign is dedicated to the idea that all Americans can benefit from increased access to financial education.
The DollarWise Summer Youth Campaign (SYC) is an initiative that encourages mayors to use their summer youth employment programs to deliver financial education to youth in their communities. The SYC's primary goal is to incorporate a financial literacy education component into every summer youth program in the country.
The Mayors' DollarWise Campaign is made possible through a grant from the Bank of America Charitable Foundation.
For more information on how to participate in the Summer Youth Contest please contact DollarWise Program Manager James Kirby via email: [email protected] or by phone: (202) 861-6759.
About The United States Conference of Mayors
The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are 1,407 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook at: facebook.com/usmayors, or follow us on Twitter at: twitter.com/usmayors.
About the DollarWise Campaign
The Mayors' National DollarWise Campaign is the official financial literacy and education initiative of The United States Conference of Mayors and its Council on Metro Economies and the New American City. DollarWise encourages mayors and city staff to address the growing need for financial literacy in our nation's cities, and maintains the goal of including financial education into every summer youth program. To assist cities in their efforts, the DollarWise Campaign works to build partnerships with national organizations, including federal agencies, nonprofit groups, and corporations that offer technical support, curricula, and financial assistance. For more information on the DollarWise Campaign, please go to: bedollarwise.org. Like us on Facebook at: facebook.com/bedollarwise, or follow us on Twitter at: twitter.com/bedollarwise.
Bank of America Corporate Social Responsibility
At Bank of America, we have a clear purpose to help make financial lives better for those we serve. We're simplifying banking and investing, advancing better money habits and making an impact in communities around the world. As part of our commitment to building a better world through responsible business practices and community investments, we're bringing our size, scope and expertise to partners including The United States Conference of Mayors. In response to the nation's high unemployment rate, including an unprecedented high teen unemployment rate, and the skills mismatch for 21st century jobs, we're supporting workforce and education programs that connect individuals to jobs. We're focused on helping underserved young adults and adults succeed academically, develop and hone job skills, learn better money habits, and obtain and keep livable wage jobs. In 2015, we're providing funding for 1,600 summer jobs for teens across the country. Learn more at: bankofamerica.com/about
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SOURCE The U.S. Conference of Mayors
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