Today, Junior Achievement of Greater Washington announced the winners of the 2016 Junior Achievement Essay Competition. This year's competition was intense, as over 1,000 qualified answered this year's question: "George Washington or Dr. Dre: Who would you consider a greater entrepreneur and why?"
Apple Federal Credit Union has agreed to continue their partnership with Junior Achievement of Greater Washington as the Credit Union Storefront at JA Finance Park Fairfax County.
The modern economy is complex. There are so many investment options available to individuals and family to save for the future, many people can be overwhelmed. But as the Credit Union Storefront partner, Apple Federal Credit Union teaches these young people a priceless lesson: that saving early and saving often is key to financial freedom in the future.
MedStar Health is the latest company to have been added to the growing list of Storefront Partners that will play host a Storefront at Junior Achievement of Greater Washington’s forthcoming JA Finance Park Montgomery County, set to open in 2018. Under the leadership of 2016 Washington Business Hall of Fame Laureates, Ken Samet, MedStar Health has agreed to serve as the Healthcare Storefront partner at JA’s newest JA Finance Park.
Washington Business Hall of Fame founders, Junior Achievement of Greater Washington, the Greater Washington Board of Trade and Washingtonian today announced the 2017 Hall of Fame laureates. The Washington Business Hall of Fame, founded in 1988, recognizes the professional and philanthropic contributions of outstanding business leaders in our region who have made Greater Washington the city that it is today. The annual gala benefits Junior Achievement® and its innovative financial literacy, work readiness, and entrepreneurship K-12 programs that inspire the next generation of leaders to navigate their path to the American Dream.
State Farm has deepened its partnership with JA and it's commitment to JA's Finance Park program. Beginning in Fall 2017, JA Finance Park Fairfax County will showcase a three-tiered display to include a “roadmap” of the park and information about State Farm’s safe driving programs and how safe driving and academic achievement can lower insurance rates.
According to the 2016 Fairfax Youth Survey Report, over 60,000 Fairfax County students face depressive symptoms every year, and over one-third of the students reported experiencing a high level of stress in the past month.
When the five students participating in Junior Achievement of Greater Washington’s 2017 JA Company Program came across this statistic, they knew they had found the issue they wanted to address.
For Robinson Secondary School senior Kurien Thomas, signing up for JA Company Program was about achieving a lifelong goal: to be a part of a startup project at an early age.
“The [JA] Company Program was advertised as an experience that would teach me leadership, marketing, sales, financial management, and supply chain management. However, it has done much more than that,” said Kurien. “It has taught me how to be an active community member and a self-made individual with a philanthropic mindset.”
April is National Financial Literacy Month, and it couldn’t have come at a better time. Consumers are feeling more pinched each week with rapidly increasing gas and food prices and sluggish economic growth. According to a recent survey by Career Builder, 77 percent of American consumers are living paycheck to paycheck.
When did you start saving for retirement? Were you ever given information to help explain your options? According to Junior Achievement’s 2017 Teens & Personal Finance Survey, a large disconnect exists between young people and a basic understanding of 401Ks. Although thirty percent of teens know that a 401K is a retirement plan where the employee contributes a certain amount and the employer matches, the majority (70%) of teens don’t know what a 401K is based on anything that they have read or heard. The survey of 1,000 U.S. teens between the ages of 13 and 17 was conducted March 17-21, 2017 by Junior Achievement USA and ORC International.