NORTHVILLE TOWNSHIP, Mich. -CreditunionsROCK.comr, a Web site dedicated to helping the "wired generation" become financially savvy consumers, has been renovated. Some of the upgrades include a menu navigation system enabling visitors to find what they need easily and quickly; the High School Central channel, which teaches teens how to read an earnings statement and how to craft a useful budget; it also highlights the issues teens should keep in mind when looking for a first job; and new calculators and recent financial articles. The site was created in 2000 by the Michigan Credit Union League to educate young adults about financial issues while spreading the credit union philosophy. Experts say that this group of youths born from 1981 makes up 28% of the U.S. population and has a multi-billion dollar purchasing power. Ironically, while this group is very tech savvy and wields formidable financial power, it also is one of the most poorly educated groups in matters of personal finance Most Michigan high school students graduate with few of the personal financial skills they need to support themselves, according to a recent survey of graduating high school seniors conducted by the Michigan Jump$tart Coalition for Financial Literacy.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.