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Camp closed this summer? Send your kid to the Fed’s personal finance virtual camp instead
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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money.
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
Liz Hund is a social producer at Bankrate and occasionally writes special features on-site with a social-first angle. Her writing has been featured on MSN, Business Insider and in…
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Looking for an engaging and enriching summer course to keep the kids busy this summer? Well, you’re in luck because the St. Louis Federal Reserve is offering a free Personal Finance Virtual Summer Camp now through August 14.
It may not be that summer camp or sports league your little one was looking forward to, but we can say that these lessons are especially valuable and applicable to the world we’re living in now. (At its most recent June meeting, the Fed signaled that near-zero rates were likely here to stay through at least 2022.)
What to expect at personal finance camp
Through this week-long program, kids will learn important personal finance lessons such as how money works, how to evaluate everyday decisions and how debit and credit cards work through videos, Q&A’s and online modules.
This program is completely free and available via Google Classroom now through August 14, 2020. To enroll, head to www.econlowdown.org/student and login with a Google account. You will then be prompted to enter a classroom code for the course of your choosing:
Elementary School Virtual Summer Camp, enter the classroom code WMTJhNu
Middle School Virtual Summer Camp, enter the classroom code wsATScu
At the end of the program, students will earn a badge to signify their completion of the course.
While the camp is designed for young learners, it’s not exclusive to kids, so if you want to put your personal finance knowledge to the test then you are more than welcome to and you may even learn something new. (Here are some tips to help teach your kids good financial habits.)
Bottom line
This is a great opportunity for kids to learn important and foundational personal finance lessons. It may even help them understand a bit of the craziness that’s happening right now. Plus, it will give mom and dad a much needed break from their newly acquired teaching duties.
Liz Hund is a social producer at Bankrate and occasionally writes special features on-site with a social-first angle. Her writing has been featured on MSN, Business Insider and in various local publications.
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