ANCHOR LEAD:
BASKETBALL, ACTING, SWIMMING, OVERNIGHT... THERE ARE COUNTLESS SUMMER CAMPS
FOR KIDS. NOW, THERE'S ONE YOU'LL BE HAPPY TO BANKROLL... CAMP THAT TEACHES
YOUR KIDS HOW TO HANDLE MONEY. WHAT EXACTLY DO YOU GET FOR YOUR INVESTMENT?
____ ___ TELLS YOU IN THIS HEADS UP.
TRACK ONE Length:
07
HIGH SCHOOL SENIOR SHERILYN BOGATZ WILL START COLLEGE NEXT YEAR, BUT HER MOTHER
DIANA'S NOT WAITING TO TEACH HER DAUGHTER PERSONAL FINANCE 101.
SOT
KEY @: 09 Diana Bogatz, Mother
"How to write a check, the difference between a debit card and a credit
card, and try to save your money."
TRACK TWO Length:
11
Source: Jump$tart Coalition surveyed 5,575 High School Seniors across the
US for their 2006 Survey of Financial Literacy Among High School Students.
The average score was 52.4%.
TEENS HAVE A LOT TO LEARN... ONLY HALF OF HIGH SCHOOL STUDENTS IN A RECENT
SURVEY CORRECTLY ANSWERED QUESTIONS ABOUT SAVING, BUDGETING, AND RETIREMENT.
DIANA'S BANKING ON A MONEY CAMP TO MAKE SHERILYN CASH SAVVY.
SOT
KEY @: 26 Sherilyn Bogatz, Went to Money Camp
"I think going to the money camp was extremely important for me. I feel
like I learned a lot."
SOT
KEY @: 31 Laura Levine, Jump$tart Coalition
"Business camps, entrepreneurship camps, and then some of them are just
general money management camps."
TRACK THREE Length:
13
LAURA LEVINE IS WITH JUMPSTART COALITION...A FINANICAL LITERACY ORGANIZATION.
SHE SAYS MONEY CAMPS ARE GROWING IN POPULARITY...AND THAT'S GOOD NEWS BECAUSE
MANY SCHOOLS DON'T COVER THE TOPIC AND PARENTS AREN'T ALWAYS THE BEST TEACHERS.
SOT
KEY @: 51 Laura Levine, Jump$tart Coalition
"They've made mistakes with their own money and, so, they don't feel
ready to teach their kids about personal finance."
NAT SOT Length:
02
"How many of you have a corporate logo on you?"
TRACK FOUR Length:
05
ELISABETH DONATI STARTED THE CAMP SHERILYN ATTENDED... SHE TEACHES TEN- YEAR-OLDS
TO TEENS.
SOT
Length: 03(Elisabeth Donati, The Money Camp)
"The kids get a paycheck and they have to pay bills."
TRACK FIVE Length:
08
THEY LEARN HOW TO BUDGET, SAVE, BUY A HOUSE AND CAR, AND START THEIR OWN BUSINESS.
SHERILYN SAYS THE MOST VALUABLE LESSON WAS INVESTING.
SOT
KEY @: 1:16 Sherilyn Bogatz, Went to Money Camp
"You can do what you love and still make money because you can make your
money work for you."
SOT
KEY @: 1:21 Elisabeth Donati, The Money Camp
"We ask them to come up with different things they would need to look
at before they buy stocks; we obviously explain mutual funds to them."
TRACK SIX Length:
06
ALTHOUGH SHE WASN'T THRILLED ABOUT MONEY CAMP AT FIRST, SHERILYN SAYS IT'S
WORTH IT... AND ENCOURAGES OTHER KIDS TO ATTEND.
SOT
Length: 04(Sherilyn Bogatz, Went to Money Camp)
"Money camp is an amazing experience you won't find anywhere else; you
get a lot out of it."
ANCHOR TAG:
FINANCE CAMPS CAN BE FOUND COAST TO COAST. THEY CAN COST JUST A COUPLE HUNDRED
DOLLARS FOR A COUPLE DAY LONG SESSIONS, OR RUN INTO THE THOUSANDS FOR SLEEP
AWAY CAMPS OFTEN HELD AT COLLEGES.
SOURCE INFORMATION:
Laura Levine
Jump$tart Coalition
919 18th Street, N.W.
Suite 300
Washington, DC 20006
202-466-8610
Levine is the Executive Director of the Jump$tart Coalition. Her organization works to improve the financial literacy of young adults and advocates for personal finance education for grades K-12. Levine says she's seeing more and more summer camps that have a focus on finance and thinks they're a great way for students to receive valuable money management skills.
Elisabeth Donati
The Money Camp
135 Chapala Street
Santa Barbara, CA 93101
805-957-1024
Donati started The Money Camp about six years ago and currently serves as the organization's President.
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