Are you a spender or saver?

by Anne Berrigan

credit card 01It turns out that it may not matter to your financial well-being whether you spend or save. But in either case, to manage money well you need to create financial goals intentionally–and track them consistently. And start early. All three strategies are part of a new focus on financial capability in youth employment programs across the country.

The term financial capability is often used now instead of ‘financial literacy’ in an effort to promote practices that combine education and asset building behaviors. Financial capability is defined as the knowledge, skills, and access to resources needed to manage financial responsibilities effectively. With the help of the Consumer Financial Protection Bureau, the U.S. Department of Health and Human Services has outlined examples of how youth employment programs can help participants build financial capability: Continue reading “Are you a spender or saver?”

Engaging Employer Partners- Are You the Right Fit?

By Anne Berrigan

dependable02(02)Let’s face it–attracting and keeping employers connected and engaged in youth employment or internship programs isn’t easy, but it’s key to success. Whether you work in a school or community-based organization, your ability to keep employers happy could depend on an attitude shift. You may have to stop asking what employers can do for your students and start learning how to keep partners coming back as customers.  We spent time with industry leaders in hospitality, health care, manufacturing, and retail sectors as part of a state advisory group to find out what employers want out of a partnership with teen/young adult programs. Here’s what we learned. Continue reading “Engaging Employer Partners- Are You the Right Fit?”