Grant idea

The idea I chose for the grant concerned financial education. Financial education is a very important aspect that is greatly under taught. Time and time again we see underprivileged kids fall into the same pattern as their parents. They are unable to break the poverty cycle that they were unfortunately born into. Financial education plays a big role in this cycle. If we are able to teach students positive financial tendencies, we will bring them one step closer to breaking away from poverty.

Financial education will prove to be a quality service-learning project because, like Hannah mention in her blog, Siena students will be teaching it. We will need majors from finance and accounting and even business. No matter what major a student has financial education will benefit them, and those who they are teaching.
An idea to improve this would to possibly start a workshop for parents. It could educate parents about the importance of teaching their kids financial education and show them how to effectively teach their kids so they will understand. If we find that this is not a sufficient method to approach financial education we can start an after school program for high school students. We would be able to partner with locals high schools and get speakers who already have had experience teaching financial education. We can make it interesting for the students by playing a game that we once played in sociology last year with Dr. Johnson. Instead of having the game show how difficult the poverty cycle is, we can modify it to act out real life situations that each student will be faced with in the future. We will be able to record their improvements by their rankings and the decisions they make during this game. It is a hands on method that would get everyone excited and involved.

Financial education will always be an important issue. It affects every single person’s life no matter what their job may be. Duration will be easy to maintain since this affects so many people of all diversity.