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BUILDING BLOCKS FOR KIDS

Cause Area

  • Children & Youth
  • Community
  • Computers & Technology
  • Education & Literacy
  • Employment

Location

13691 GAVINA AVE UNIT 539SYLMAR, CA 91342 United States

Organization Information

Mission Statement

At Building Blocks for Kids we empower low income students ages of 9-18, by providing a progressive financial literacy/career-based education curriculum and mentorship program that gives them the tools to maximize financial independence and social mobility as adults.

Description

The MORE Program is Building Blocks’ signature financial literacy program. The program is designed to be run inside a classroom during school hours. Teachers, volunteers, and Building Blocks members facilitate the curriculum once a week during the 3-month program period.

This program begins by assessing participants’ baseline financial literacy through a questionnaire and pre-test. In 12 sessions over the course of three months, participants explore a range of financial literacy and career-readiness topics, including: budgeting; banking and investing; setting up a bank account; credit and credit cards; loans and insurance; investment theory; picking stocks and building a portfolio; and taxes. Participants also engage in discussions connecting choices around education to career opportunities.

Throughout the course of the program, participants compete in a team-based Stock Challenge, in which each team creates and follows their own stock portfolio. Participants use real financial data to assess their portfolio’s performance. Upon completion of the program, each student receives a cash prize based on their portfolio’s performance relative to other participants. These monetary incentives are deposited into savings accounts set up by the participants themselves.

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