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MU hosts Financial Planning Academy for teens

July 26th, 2019

Story Contact: Sheena Rice, 573-882-8353, ricesm@missouri.edu

WHAT:

The University of Missouri’s Department of Personal Financial Planning is partnering with Texas Tech University and the Charles Schwab Foundation to host a Financial Planning Academy for high school sophomores, juniors and seniors July 21-26 on the MU campus.

The week will include working on a financial planning case study, developing a financial plan and participating in competitions for scholarships and prizes. Students also can develop their skills in leadership, communication, team building, entrepreneurship and marketing.

WHO:

High school students

WHEN & WHERE:

July 21-26

MU campus

WHY:

A recent survey found that about a third of teens don’t believe they can be financially independent of their parents by age 30. The study, from Wakefield Research on behalf of Junior Achievement, asked 1,000 13- to 18-year-olds about their financial concerns. In the study, 64% of respondents said they depend on their parents or caregivers for advice about money. Unfortunately, the National Financial Educators Council suggests that some adults may be ill-prepared to help their teens learn to manage their money. For more information, resources and learning opportunities from MU on a variety of personal finance topics, visit the MU Department of Personal Financial Planning.

Call 573-882-2005 or email pfp.fpacademy@missouri.edu with questions about the camp.

Media wishing to cover the event should contact Sheena Rice at 573-882-8353 or ricesm@missouri.edu.

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