“There is so much information available on managing finances, and if you get started early, It can make a difference when you become an adul.”
Dana Cressman, of North Canton, is a girl scout with Troop 506 who is working on her Gold Award. The designation is the highest award that Girl Scout can earn, according to www.girlscouts.org.
To receive a Gold Award, scouts must invest 80 hours into a project, identify an issue, plan a solution, take action to address the issue and get feedback.
Cressman’s Gold project will provide information on financial literacy and philanthropy to seventh and eighth graders. She said there is a lack of understanding in that age group about the best ways to save, and the best ways to give back to the community.
Her free workshops are called “A Penny Saved is a Penny Earned and Other Skills Needed to Make you Rich.” The sessions will be held at three area libraries: North Canton, Jackson Township and Lake Community.
“There is so much information available on managing finances, and if you get started early, It can make a difference when you become an adult,” she said.
“That applies to philanthropy, too. The younger you can start giving back the more you’ll do when you are an adult. Philanthropy isn’t just about people with a lot of money. You don’t have to be super wealthy,” she said.
Cressman wants to go into medicine or engineering when she graduates. However, but she has always had an interest how money works, and about investing and saving. On her way to learning more about her own financial planning, she decided she wanted to share what she learned with others.
The workshops are free and include topics including goal setting, budgeting, managing bank accounts, information about certificates of deposit, college loans and debits and credits.
The last part of the workshop will go over what philanthropy is, volunteering, and donations.
Cressman said that the age her sessions are geared to – early teens – is an ideal time to start financial planning.
“At that age, they are still young enough to do something good about their
financial futures,” Cressman said.