I really like this story. BBVA and NBA Cares teamed up to essentially teach value of a dollar and how to manage finances. Take it away, Yahoo!:
The visit marked the 19th BBVA Compass NBA Cares event, a service program sponsored by the bank and the NBA to help students across the bank’s footprint understand the difference that education, fitness and money management can make in their lives. The event, which took place during a week commemorating Birmingham’s role in the civil rights movement, also provided an opportunity to highlight the importance of community involvement and the vital role young people can play in society.
“Our city’s celebration is a reminder that past efforts have shaped our communities into what they are today,” said Rosilyn Houston, BBVA Compass regional retail executive. “We want to remind young people of this and inspire them to play an active role in improving our communities for future generations.”
There was a panel of folks that talked to the students. It included former NBA players as well as other community members.
Following the panel, students participated in two financial literacy programs. The first program, BBVA Compass’ Get Smart About Credit, taught the fundamentals of credit management. The second — a Web-based program administered by educational technology company EverFi — engaged students in lessons on managing their personal finances.
Stuff like this is big. Especially when you look at how many athletes blow their money after they retire. By bringing in former players, you can help inspire kids to be aware of financial stability. Times are tough and it’s important to understand how to survive. As an accounting student, I can tell ya, keeping track of each dollar is important.
Keep it up, NBA!