American Express will host a series of events for employees and customers as part of a month-long celebration of the 100th anniversary of International Women’s Day (IWD). International Women’s Day provides multiple forums for American Express to focus on its commitment to recruiting, retaining and advancing women in the workforce as part of the company’s ongoing priority of promoting inclusiveness and diversity. A variety of groups from within American Express are offering programs such as American Express OPEN, engaging female business owners in an International Women’s Day networking breakfast in New York titled “Tools for a Booming Business.”
With 62% of parents looking for ways to teach their kids about the importance of money management before they overspend, American Express and Jean Chatzky personal finance expert have introduced “The National Money Night Talk” program to encourage families to engage on money and financial responsibility. The Program is available through www.moneynighttalk.com, where parents can sign a pledge that they will talk to their kids about money and access exclusive Jean Chatzky videos and resources endorsed by the Council for Economic Education, based on the organization’s national content standards. The free online resource (www.moneynighttalk.com) is available in three different tracks based for middle school, high school and college students and features videos, frequently asked questions and talk points to help parents start and sustain the money dialogue beyond “National Money Night.”
AARP and Chase have rolled out an enhanced version of “Chase Clear and
Simple” to provide financial literacy resources.
The site features a new interactive financial literacy guide â50 Ways to
Love Your Moneyâ that was developed in collaboration with AARP Financial
and Visa. This free guide is designed to help people age 50 and over
successfully manage their finances and includes an introduction by
renowned personal finance expert Jean Chatzky.
The online version of â50 Ways to Love Your Moneyâ offers helpful tips
on a wide variety of topics including saving and budgeting, using credit
and debit cards, monitoring credit reports, and managing debt.
The results of a new Visa survey indicate that 80% of shoppers on a
budget feel a gift card is the most practical gift to give this holiday.
Of those surveyed, 73% indicated that is was âvery importantâ to give a
their recipients will find useful and 82% consider it appropriate to
give a gift
card that can be used for purchases anywhere, compared to only 45% of
respondents who felt it
appropriate to give a check as a gift.
VISA has released a survey showing that 73% of Americans celebrate “Halloween” and that the average consumer will spend $40 on candy and decorations. Parents with children under 18 will spend $54 on candy and decorations while those without children under 18 will spend $32. Of mention, younger people ($44) say they spend more than those 55 and over ($31). Those who live in rural areas ($49) spend $10 more on average than people living in urban areas ($39) and $13 more than suburbanites ($36).
A new survey shows that only 20% of Americans know that it is legal for employers to refuse to hire job applicants with low credit scores. Fully 52% of Americans mistakenly believe it is illegal for prospective employers to use credit scores as a hiring criteria and another 28% of survey respondents are unsure. The survey from VISA USA also found that 59% of women have checked their credit score than men (51%); adults age 55 and up have checked their score at a far lower rate (43%) than those under 55 (62%); only 22% check their credit score once a year; and a small group of just 18% check their score two or more times each year.
VISA USA has partnered with personal finance expert Jean Chatzky to promote financial literacy nationwide. Chatzky will help develop new financial education curriculum and interactive resources geared toward teachers, students, women and parents. She will also participate in a number of Practical Money Skills for Life and What’s My Score outreach activities. She will also moderate the Financial Literacy and Education Summit being co-sponsored by the Federal Reserve Bank of Chicago and VISA on May 1. This Summit will bring together educators, policymakers, non-profits and private sector leaders to address key issues, such as mandating financial education in schools, and sharing best practices. Jean Chatzky is a regular contributor to “The Oprah Winfrey Show” and to Oprah.com, financial editor for NBC’s “Today Show,” a contributing editor for Money and Travel & Leisure magazines and a columnist for The New York Daily News.
VISA USA and the Future Business Leaders of America-Phi Beta Lambda announced that a Cathedral City, CA high school teacher has won the grade prize in the second annual “Practical Money Skills for Life Educator Challenge.” The Educator Challenge recognizes high school educators for creatively and effectively teaching financial literacy lessons, and whose classes demonstrated a mastery of personal finance knowledge. These educators were judged by a panel of educators and experts that included Money magazine columnist and Today Show contributor Jean Chatzky and Nancy Register, Assistant Director of the Consumer Federation of America. Visa is the world’s leading payment brand and largest consumer payment system, enabling banks to provide their consumer and merchant customers with a wide variety of payment alternatives. Future Business Leaders of America-Phi Beta Lambda, Inc. is a nonprofit 501(c)3 student business organization with a quarter million members in 12,000 chartered high school and college chapters worldwide.
Visa USA and Future Business Leaders of America-Phi Beta Lambda announced the winners of the Practical Money Skills for Life Educator Challenge Ã¢” a joint effort to recognize high school educators who creatively teach financial literacy lessons in their classrooms.