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Home / About Monroe / News / Archives / News from 2005 / Activities / Sife Team To Teach Finances To Children (11/29/2005)
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Sife team to teach Finances to children

The Monroe College national champion SIFE team will present this year’s version of “Children Making Cents”, a program that teaches youngsters how to manage their money, this Saturday, December 3 at 11am. It will be held in room 413 in the college’s King Hall on Jerome Avenue, Bronx NY.

In “Children Making Cents” younger children learn why saving money is important, how to fill a piggy bank, and the concept of investing for the future. Teens are taught how to manage their money, the meaning of fiscal responsibility, and the value of investing for the future. They also can get personal financial advice.

In addition to the Monroe College SIFE team students, who won their national title because of their community service, Washington Mutual Bank will be on hand to explain how the banking system works. The bank also will be opening accounts for any youngsters who choose to do so. “Our concept is to plant the seeds for tomorrow’s trees,” said SIFE President Tishma Donastorg. “With ‘Children Making Cents’ we’re teaching young people how to plant a good fiscal foundation so that they can be productive and successful as they grow older.”

Last year “Children Making Cents” taught 135 children about saving and 53 different savings accounts were opened. The program is open to children aged 6-17. Founded in 1933, Monroe College has grown to become one of New York’s leading colleges offering programs in business, technology, and professional studies. With campuses in the Fordham section of the Bronx and downtown New Rochelle, Monroe offers a master’s degree program in business management, bachelor’s degree programs in accounting, business management, computer information systems, criminal justice, general business, health services administration, and hospitality management as well as associate degree programs in accounting and finance, business administration, business technologies, computer information systems, criminal justice, culinary arts, hospitality management, medical administration, and medical assisting.

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