Participants in IT Smile Together

Turning Ideas into Reality at the YouthBiz StartUp and Colorado Uplift Pitch Competition Finale

Stacy Winner Events, YouthBiz Leave a Comment

Young Americans Center for Financial Education hosted the Finale of the Colorado UpLift / YouthBiz StartUp Pitch Competitions last Thursday, November 15.  And wow, were we impressed!  Student business teams from three Denver Public Schools participated: Photofly (7thgrade class) and Hop Light Ski Mask (8thgrade class) from Skinner Middle School, Beauty Solutions from West Leadership Academy and Fidget Liner from Hill Campus …

Finalists for Capital One Youth Business Competition

Sponsor Spotlight: Capital One Drives Youth Entrepreneurship

Janet Redwine Get Involved, YouthBiz Leave a Comment

It was 26 years ago that eight teens met with a visionary community leader in Denver’s Five Points neighborhood to solve big problems: gang violence and economic despair. Their solution? YouthBiz entrepreneurship programs, hands-on programs that provided real experience in entrepreneurship and workforce skills. Fast forward to today, and YouthBiz is still going strong.  Thanks to a partnership with Capital One …

YouthBiz Marketplace

Get Ready for Great Gifts!

Stacy Winner Events, YouthBiz Leave a Comment

This weekend we have our Marketplace Success Strategies Workshop, which means that YouthBiz Marketplace will be here before you know it!  This is a free class we offer at Young Americans before each YouthBiz Marketplace to help business owners make a plan to be as successful as possible during the actual event.  In this class we talk about: about customer …

Do you know the difference between a debit and a credit card?  A surprising number of young adults don’t.

According to a 2016 study done by LendEdu , 43% of college students couldn’t explain at least one difference between a debit and credit card.  Although the survey was small, only 455 students, that’s still a high number.

Thanks to Worldpay , formerly Vantiv, students who participate in Young AmeriTowne or International Towne gain hands-on experience about the difference between debit and credit cards.  International Towne participants receive a credit card, which they can use to pay for goods and services in Towne.  Using credit is particularly convenient because students don’t have to exchange money when they shop in a foreign country.  In Young AmeriTowne, 5th graders use a debit card to make purchases, and the funds are automatically withdrawn from their checking account.

When I asked 10-year-old Rehoboth, an Accountant working in the AmeriTowne Snack Shop, about the difference between a debit and credit card, he responded right away.  “A credit card uses money from the bank, and you have to pay it back later,” he said.  “A debit card takes money from your checking account.”  Rehoboth added that four shoppers had already used their Worldpay debit card to purchase snacks.

Young Americans Center for Financial Education is grateful for partners like Worldpay that prepare young people to be financially responsible adults someday.  Maybe Rehoboth can teach those college students a thing or two!

Sponsor Spotlight: Worldpay teaches kids credit vs. debit

Janet Redwine General, Get Involved, International Towne, Young AmeriTowne Leave a Comment

Do you know the difference between a debit and a credit card?  A surprising number of young adults don’t. According to a 2016 study done by LendEdu, 43% of college students couldn’t explain at least one difference between a debit and credit card.  Although the survey was small, only 455 students, that’s still a high number. Thanks to Worldpay, formerly …

OTR Shopping Center

AmeriTowne On the Road Grand Junction: Better than Halloween

Janet Redwine Young AmeriTowne 2 Comments

Young AmeriTowne On the Road, presented by CoBank, has just returned from its fourth trip to Grand Junction, where this hands-on program in financial literacy reached more students than ever before!  In six weeks, 1,081 students ran their own Towne for a day, learning the basics of economics, personal finance, civics, and business. A highlight of the Grand Junction trip …

Bank Deposit in AT

Sponsor Spotlight: AmeriTowne a lot like being an adult, thanks to FirstBank

Janet Redwine Events, General, Get Involved, Young AmeriTowne Leave a Comment

Quinn is just 11 years old, but she has a lot of responsibility.  As the Vice President of FirstBank at Young AmeriTowne, Quinn has to make payments, ensure every shop pays off their business loan, and report on the business income.  It’s a lot like being an adult. This experience is possible through the generous support of community partners like …

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Why most young people are living on the financial edge and what you can do about it.

Young Americans Center for Financial Education Get Involved Leave a Comment

What if you could give the chance at a life-time of financial self-sufficiency to a child for $40? Daniella is 20 and living on the financial edge in Denver. She did some right things: finished high school, works two jobs and helps her struggling family pay their rent. What she didn’t get was a financial education. She doesn’t use a …

Liam’s business The Lucky Penny  creates custom items out of pennies that commemorate special events. His collection of pennies dates back to 1909, so he’s able to make keychains, bracelets and necklaces for just about any request. 

In working with his mentor Scott Wylie this year, Liam hopes to add online sales to his website and to develop some strong business relationships which will further grow his business. He’s also looking to add a few new products to his line.

The Lucky Penny, Spotlight on YouthBiz Star Winner, 6-11 Age Category

Janet Redwine Events, YouthBiz Leave a Comment

“What could be cheaper than pennies,” thought Liam Lennon, and a business idea was born!  Liam’s business The Lucky Penny creates custom items out of pennies that commemorate special events. His collection of pennies dates back to 1909, so he’s able to make keychains, bracelets and necklaces for just about any request.  In working with his mentor Scott Wylie this …