Local News

Apr 27, 2010 5:45 PM by Monica Quintero

Santa Maria students learning about money

Some Santa Maria students are learning the importance of saving money. Community bankers from Rabobank taught that lesson to fourth graders at Adam Elementary School. Organizers said studies show that money management skills and knowledge are lacking in today's school-age generation. Andy Frokjer, Rabobank, said, "I think it's very enlightening for a lot of the kids because you don't learn about money in school. You learn about reading, writing and arithmetic at home. A lot of parents are reluctant to talk about money and so this gives them an opportunity to learn about how to save, how to spend and how to make good choices with their money." This is part of "Teach Children to Save Day." It's a nationwide effort to increase the financial literacy of today's young people.

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