Lehigh Elementary School, with help from State Farm Insurance, is encouraging financial literacy among its students. The economic situation that has faced our county, state and nation has greatly affected the community of Lehigh Acres, and seriously affected students in many ways, said Alex Dworzanski, assistant principal.
While Lehigh Elementary has many programs in place to help offset the negative effects of the recession on students, it also hopes to help change the financial habits of its students and provide them with a brighter future. Research has shown that it is very important to educate students about money, Dworzanski said.
A recent study pointed out 80 percent of eight-year olds have already developed spending and saving habits, and it is difficult for older children to change those habits. Teaching family literacy will help our students become responsible consumers, school officials say.
A $2,500 grant from State Farm Insurance to Lehigh Elementary School will incorporate family workshops, technology based instruction on money management, and financial guidance by State Farm Financial Advisors.
Families will also receive information monthly in the school newsletter to educate parents on the value of early lessons in how to manage money and how to encourage conversations at home with their children, Dworzanski said.