BUILDING A STRONG FINANCIAL FUTURE
Recognizing the critical need for financial literacy education, The Malcolm Jenkins Foundation (TMJF) is thrilled to announce an exciting partnership with the Camden City School District (CCSD). Together, we are launching the Closing the Wealth Gap financial literacy program for the 2024-2025 academic school year, aimed at empowering students with essential financial knowledge and skills.
Building a Strong Financial Future
TMJF, in collaboration with Money Vehicle, LLC, has created a unique, comprehensive 12-week program specifically designed for high school students. This engaging, entertaining, and empowering curriculum is tailored to meet the needs of today’s youth, setting them up for lifelong financial success.
What Does the Program Include?
The Closing the Wealth Gap program features:
An interactive textbook
Standards-based curriculum
Educational resources tailored for in-classroom instruction
Professional development opportunities
Ongoing support for teachers to ensure effective financial education delivery
Program Goals
The primary goal of this initiative is to equip students with the knowledge and skills to make informed financial decisions and achieve long-term financial success. By providing a solid foundation in financial literacy, we are ensuring that all students, regardless of where they live or attend school, are prepared for a bright financial future.
Voices of Leadership
"Through our partnership with The Malcolm Jenkins Foundation, we are thrilled to introduce the Closing the Wealth Gap financial literacy program to our high school students. This initiative aligns with our commitment to providing comprehensive education that empowers students towards financial success. By equipping them with the tools and knowledge to make informed decisions about money, we are not only fulfilling a graduation requirement but also laying the groundwork for a future of financial freedom and opportunity." – State District Superintendent Katrina T. McCombs
"I’m excited about our joining the Camden City School District’s efforts to ensure that its students are prepared and ready for their bright futures by learning about how to handle money and build wealth. I believe the best first steps to closing the wealth gap in our communities is to educate our youth in understanding the language of finance; how their relationship with money correlates with their personal value system; and how their values are key determinants in achieving financial freedom. It’s a mindset shift from one of a consumer, spender, and scarcity, to one of a saver, investor, and abundance." – Malcolm Jenkins, Founder and Chairman of TMJF
"Incorporating TMJF’s financial literacy program in the classroom will help serve as Camden’s response to enhancing educational concepts for students, their families, and ultimately their communities. The goals of the program are aligned with the district's mission to deliver an academically rigorous and culturally responsive instructional program that prepares students for success, builds knowledge, and fosters leadership." – Gwendolyn V. Jenkins, TMJF President & CEO
Curriculum Highlights
Starting in September, the 12-week curriculum will cover essential financial topics including:
Ways to earn and create income
Planning for the future
Costs to borrow money, spending habits, and managing money
Checking vs. savings and where to store your money
Credit vs. debit, using/misusing credit cards, the credit trap
Investing principles, diversification, stocks vs. bonds
Handling risk, premium vs. deductible; types of insurance
Cyber-attacks, phishing
Income & sales tax; progressive tax code
Tax-advantaged accounts (brokerage, 401(k), Roth, taxing investments)
Reading a pay stub and measuring success, road to financial freedom
Impact and Commitment
During the 2024-2025 academic year, this curriculum will be implemented for 250 students at Camden High School and Eastside High School. Together, TMJF and CCSD are committed to driving positive change and closing the financial literacy gap and wealth gap for the next generation of leaders.
Stay tuned for more updates on this exciting initiative and the incredible impact it will have on our students' futures!
Read the full press release here.
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