Maplewood students get jump start on finance with ‘Dollars and Sense’

<div class="Content"><p class="indent">Representatives from Southwest Louisiana Credit Union visited second-grade students at Maplewood Elementary School Wednesday, teaching age-appropriate principles of finance as part of International Credit Union Week.</p><p class="indent">COO Chad Miller read “The Berenstein Bears: Dollars and Sense” and gave each student a copy of the book as a reminder of the principles taught.</p><p class="indent">It’s never too early to begin discussing positive personal finance habits with children, Miller said.</p><p class="indent">“We’ve seen in our industry that the younger you start teaching kids to think about their money decisions, then when they become adults they’ll have those moneysaving habits and maybe they won’t have to borrow as much.”</p><p class="indent">Melissa Crumpler, secondgrade teacher, said for young children “being aware of what money even is for is such a good thing.”</p><p class="indent">She said she believes the teaching will help as the students prepare for their moneycounting unit in the spring.</p><p class="indent">Miller said taking the principles into young adulthood is the ultimate purpose of the credit union’s visit as the industry finds young consumers struggle to make prudent financial decisions.</p><p class="indent">“Young consumers now, especially in our area, you’re having 19- and 20-year-olds coming into large sums of money and we mainly see them overextending — buying a car as soon as they can and it’s not a $10,000 dollar car, it’s a $50,000-$60,000 car, then a boat and then an RV. Instead of saving money and buying something when you can, it’s like I want all of this now.”</p><p class="indent">By teaching students the importance of managing money from an early age, Miller said credit unions hope to prevent future pitfalls and help them prepare for financial success.</p></div>

SportsPlus

Local News

Higgins, Carter introduce legislation to combat contaminated foreign seafood

Crime

Former Elton mayor pleads not guilty to battery charge

Crime

7/1: Calcasieu Parish Sheriff announces arrest list

McNeese Sports

Southland welcomes two new members

Local News

Supreme Court rules ex-presidents have broad immunity, dimming chance of a pre-election Trump trial

Business

Names in the News: People shaping the future of Lake Area business

life

On Campus: SW La. students recognized for achievements

Local News

How will Louisiana’s new Ten Commandments classroom requirement be funded and enforced?

Local News

Biden meets with his family amid pressures to step down after debate

Local News

Donation celebrated by Second Harvest, but volunteers are still needed

Local News

Grand Avenue Gym: DeQuincy landmark fading fast, group fighting to save it says

Local News

Beryl becomes major hurricane forecast to bring life-threatening conditions to Caribbean

life

Fourth of July festivities in Jennings will kick off with Stars and Stripes Festival

Local News

Ceremony held at Fort Johnson for deploying troops

Jim Beam

Jim Beam column:Don’t expect new candidates

life

SW La. nightlife calendar: There’s always something to do

life

USAF Band of the West making Lake Charles stop

high-school Sports

Upgrades planned for Jerry Simmons football stadium in Jennings

Crime

Lafayette teen charged in Ernest Street fatal shooting

Crime

6/28: Calcasieu Parish Sheriff announces arrest list

Local News

Longhorns make quite a statement to the SEC

Local News

Bicyclist fatally struck after allegedly running stop sign

Local News

PHOTO GALLERY: Stitch Guillory sworn in as sheriff

Local News

Sheriff Guillory: ‘I am living MLK’s dream’