37.2 F
Springville
Wednesday, November 25, 2020
Support our Community Sponsors

Salem Hills High School students learn pitfalls of credit cards

Avatar
Chris Bairdhttp://www.servedaily.com
Chris is a family man with a beautiful wife and four kids. Three Girls, One Boy. He enjoys playing basketball, being outdoors, and the old normal.

More from Author

Serve Daily – September 2020

Enjoy the 100th issue of Serve Daily. This issue is full of great articles by local Utah County writers and made possible...

Serve Daily: August 2020

Enjoy the 99th issue of Serve Daily. This issue is full of great articles by local Utah County writers and made possible...

Every day can be a better day, despite the challenge

Life is full of challenges. We knew that last year and we know that now. Life, at any time, has at least...

Giveaways: Summer Giveaway

Click to View our Sponsors Websites

r By Marissa ShieldsrStudents from Salem Hills High School received a special lesson about identity theft and credit recently from Bryan Halverson, financial center manager at Zions Bank, in honor of National Get Smart About Credit Day. Halverson taught the lesson to 11th- and 12th-graders in Laurie Hanson’s classroom on Nov. 3 and 4.

The financial outreach program comes at a time when young adults are taking a conservative approach to credit cards. Skittish about borrowing seven years after the Great Recession, only 33 percent of adults between the ages of 18 and 29 say they have one, according to a 2016 Bankrate Money Pulse survey.

“We’re teaching students that having a credit card can help young adults build their credit histories, they just have to be prudent about spending within their means,” Halverson said. “It’s good for us to reach high school students before they graduate to remind them that their credit reports reflect their choices and impact their borrowing options down the road.”

- Advertisement -
Our Print Advertisers

Zions Bank employees like Halverson are teaching nearly 1,500 students in Utah and Idaho about using credit wisely and budgeting in honor of National Get Smart About Credit Day, an American Bankers Association program.

To further help students learn skills in finance, Zions Bank offers a free online game, Celebrity Calamity, at www.zionsbank.financialentertainment.org. Players are tasked with managing money for a spendthrift celebrity they have to help get out of debt. Students in Idaho and Utah ages 14 through 19 can play the game and be entered into a drawing for the chance to win a $250 savings account.

 

Avatar
Chris Bairdhttp://www.servedaily.com
Chris is a family man with a beautiful wife and four kids. Three Girls, One Boy. He enjoys playing basketball, being outdoors, and the old normal.

More from Author

Serve Daily – September 2020

Enjoy the 100th issue of Serve Daily. This issue is full of great articles by local Utah County writers and made possible...

Serve Daily: August 2020

Enjoy the 99th issue of Serve Daily. This issue is full of great articles by local Utah County writers and made possible...

Every day can be a better day, despite the challenge

Life is full of challenges. We knew that last year and we know that now. Life, at any time, has at least...

Giveaways: Summer Giveaway

Click to View our Sponsors Websites

More in Category

Time to get your try on

Many say this is a year that should just be cancelled, however, I believe this is a year that can be used...

National Parks Week may be impacted by events in the world

By proclamation of President Donald J. Trump, on April 20, our nation celebrates National Park Week with fee free entrance and a variety of special programs. This year National Park Week

College graduate realizes dream of sharing wonders of ocean with people of the desert

Serve Daily is about positive and uplifting people, organizations, and events. Occasionally while working on one story we find another amazing story behind the first story.

Viewpoint Frozen-Frozen: Coming to the Defense of Hans

I watched Frozen II recently, and honestly, I was disappointed. The makers of Frozen II promised the audience a redemption arc of Hans, the good guy who turned out to be the villain in the