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 VANTAGE CAREER CENTER STUDENTS TO HEAR

PERSONAL FINANCE TIPS FROM OHIO DIVISION OF SECURITIES SPEAKER

 

National Study Says Teens Not Prepared For Their Financial Future

 

Will Pultinas, a Securities Specialist with the Ohio Department of Commerce’s Division of Securities, will highlight the importance of saving and investing in presentations at Vantage Career Center, 818 North Franklin, Van Wert, on Wednesday, April 11.   He will make five presentations between 9:30 a.m. and 2:40 p.m. 

 

The presentations, which are being made in connection with Ohio’s observance of Saving and Investing Education Month, follow the release of a national survey highlighting the lack of financial knowledge of America’s teens.  The  “America’s Money Skills Report Card” study found that young Americans have limited understanding of financial issues and how they can prepare for their financial futures. 

 

Susan Molinari, national chairperson of Americans for Consumer Education and Competitition, said that the study demonstrates that teaching children personal money skills today can help determine whether they pass or fail life’s financial tests tomorrow. 

 

Mr. Pultinas will focus on proper money management, including prudent use of credit cards, the power of compounding interest, and the effect of taxes on investment earnings. 

 

Note:  Media interested in attending should report to the school's office prior to the personal finance presentations.

 

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The Ohio Department of Commerce’s Division of Securities promotes an honest and fair securities market where individuals and businesses can raise capital and investors can expect a fair return on their investment.  Other Commerce divisions enforce regulations regarding industrial compliance, financial institutions, real estate, liquor, auctioneers, and unclaimed funds, among others.  The department's internet address is www.com.state.oh.us

 

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