May 10, 2003 – An extension of Teach Children to Save Day will allow fifth-graders at E. Benjamin Oliver School to learn some important life skills relating to money. On Wednesday at 9 a.m., the students will learn how to develop smart spending habits, the importance of saving money and how to manage money using a monthly budget, according to Karen Sprauve, assistant vice president and one of three representatives from FirstBank Virgin Islands volunteering for the event.
National Teach Children to Save Day took place April 10. The observance of the now seven-year tradition brings thousands of volunteers from various financial institutions into classrooms throughout the United States.
E. Benjamin Oliver School, as an adopted school of FirstBank, is the St. Thomas beneficiary for Teach Children to Save Day. Last month bank representatives visited fifth-graders at Claude O. Markoe School on St Croix.
According to a release from FirstBank, pre-teens and teenagers in the United States on average may spend over $100 a week.
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