- Neelys Landing man shot, killed by highway patrol trooper after traffic stop (05/01/16)43
- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)49
- Missouri House votes to allow concealed weapons without permits (04/28/16)8
- River Ridge Winery changes hands (05/02/16)
- Police report filed, but no charges in incident at Cape Central (04/29/16)40
- 2016 All-Missourian Boys Basketball (04/29/16)
- Statement: Man says cops’ good work drove him to grow his own marijuana (05/01/16)1
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
- Hopper Road to close for months during construction of Veterans Drive (04/27/16)9
Students in area schools are learning important lessons on financial literacy, lessons many adults -- including some politicians -- would be wise to learn.
Focus Bank has worked with 41 schools in Southeast Missouri and northwest Arkansas to help students ages 8 to 13 learn basic financial principles. The program, called MoneyIsland, is a cartoon-themed approach that helps students learn about saving, spending, investing and how to properly use credit. It also provides avenues for teachers to test their students knowledge of the principles.
Other financial literacy teaching methods, such as the Junior Achievement programs, are also being used by local teachers. Organizations like the Boys and Girls Club of Cape Girardeau are teaching similar lessons outside the classroom. And gaining more financial knowledge extends to the university level, with Southeast Missouri State University also emphasizing important concepts.
Regardless of the age of the students, these are critical lessons to learn. We applaud the schools -- and the community partners -- for their efforts. With a solid foundation in financial literacy, these young people can make decisions in life that will improve their financial standing, helping them build long-term financial stability and potentially avoid the burden that overspending and bad debt can lead to.