Repost from NonprofitPlan.org: Kids teaching Kids ... Easy Peasy Finance (reprint with permission).
There’s something magical about kids talking to kids about critically important issues. In this case, Personal Finance.
Life can be hard in many cases, and financial issues amplify them 10-fold. Wouldn’t it be nice if kids learned young about personal finance a little at a time in short 2-minute burst from a whiz-kid finance guru?
Meet Rishi Vamdatt, now in his teens, who at age 8 started Easy Peasy Finance: https://www.easypeasyfinance.com/
Rishi has a YouTube channel with everything you might want to know about finance: https://www.youtube.com/@EasyPeasyFinance
While “professionals” make 10-minutes videos, in exhaustive detail, trying to show you how smart they are… Rishi spends two minutes, covers the topic completely, and shows you how smart you can be. Easy Peasy!
Rishi has created over 700 free educational videos for kids, starting at about age 9. Easy Peasy Finance is featured in a “Paying It Forward” article in the Kiplinger Personal Finance Magazine, an excellent magazine for people who manage their own investments and personal finances (2023, Dec. 31, p. 72).  (Kiplinger publications are likely at your local public library in the periodicals section.)
A January 2024 video talks about a very current topic of the 11 ETFs approved for Bitcoin. It is short, simple, and impressively accurate. Actual buying bitcoin tokens is awkward and a poor investment for the average person, buying in an ETF is much easier… but still a poor investment.
But let’s back up to financial literacy for everyone, especially kids starting at a very young age. Most people over their lifetime will earn more than $1M dollars. Most people will spend it all as they make it. People who are able to manage personal finance, save a little money, invest a little money and end up with a sound retirement. With the magic of compounding, money doubles… and then doubles again. The rule of 72 is an easy-peasy formula as to how long it takes your money to double. Take 72 and divide by the interest rate you might expect to invest at over time. The stock market yields about 6% to 10% over longer periods. Let’s go with 10%. So 72 divided by 10 is 7.2 years for your single investment to double. At $100 per month, or $1,200 per year, your money from the first year would be $2,400, then $4,800, then $9,600 in the 38th year. But, if you invested $100 per month every month for 40 years (called an annuity in finance) all of the compounding would add up to about $500,000. You would be half way to a millionaire, by the time you are ready to retire. That’s the magic of compounding! In the meanwhile, while other people who did not manage and invest their money are preparing to work longer or retire very modestly on social security, you would have a nice cushion for emergencies, travel, donating to charities and more.
It is not how much you make (your salary), it is more about what you do with your personal finances over time that makes the difference as to people who are financially stressed and those who are more comfortable. Surprisingly, as important as it is, personal finance is not taught at all, or not taught very well, at school. At college, personal finance is not required, even for most business students. In fact, many managerial finance programs do not require personal finance. Really! Students are taught to manage a corporation’s finance and investing, but not their own. It seems that learning to manage your own bank account, budget, finances, spending and investments would be infinitely more comprehendible than the complexities of corporate finance. Plus, learning about finance from your own personal perspective seems to be more relatable. Relating how it works on a small scale for you personally and applying it to finance at a company should result in an interesting ah hah moment. Every entity needs to do the same things: budgeting, paying bills, managing cash flow, investing. Easy peasy finance!
What other wonderful learning tools do you have in your toolbox to share with youths, parents, and teachers?
#YouthEdu #LearningMadeEasy #FinancialLiteracy #BestLearningTools #NonprofitPlan.org

YOC May 20 Meeting @9am: Presentation on Web Setup & $10k Free Online Ads a Month!
Fellow Youth Organization Coalition Members (and Friends of YOC),
Please come out to our May 20th 2023 (9am) meeting of the Youth Organizations Coalition (via Zoom) and invite any nonprofit that you think could benefit from the great program we have scheduled.
Jessica Taylor and Mike McKee from Lead Nerds (a web development+ company) will talk with us about how to organize your web sites and how to apply for (and get) a Google Ad Grant of $10,000 per month in online advertising. WOW!
Jessica and Mike are also founders of a young charity, Computer Repair Lab, where they have applied for, and received the Google Ad Grant.  Computer Repair Lab takes in donated used computers, upgrades them, and gives them back to nonprofit organizations and/or to families with kids who do not have computers. The benefits are computer eUpcycling, training for youths on computers and repair, and bridging the digital divide.

Please feel free to invite other nonprofits who might benefit from the program and this amazing Ad grant.

NOTE that the Zoom meeting room has changed from usual; it is updated in the calendar. (You should have emails/texts with new Zoom log in information.)

We look forward to seeing you.
Lead Nerds LLC: www.leadnerds.io
Computer Repair Lab: https://computerrepairlab.org/  a 501(c)3

It is giving season, with Giving Tuesday coming up after the long Thanksgiving weekend. Now is the best time of the year to reach out to your Donors and make sure that they are thinking of you as they give thanks for the year and give donations into the end of the tax year.  GivingTuesday.org  #GivingTuesday
First, it is a busy week starting on Thanksgiving.
There is Black Friday. Well, pretty much the whole month of November has been cluttered with sales, but Thanksgiving really kicks in the Christmas season for splurging and frugal purchases.

Black Friday is named such as a target date for companies to move from losing money for the year into profits, out of the red and into the black. Basically, if you paid all your expenses at the beginning of the year, all future sales after the break-even point would be pure profits. Thanksgiving Day, at the end of November is a wonderful target, that leaves one month of pure profits. Plus, if the last month of the year is disproportionate – like Christmas sales – that is pure gravy!
So, let’s see what we have in November. Thanksgiving on the 4th Thursday. Black Friday. Small Business Saturday. Sunday Football (or futbol, same name, different game). Cyber Monday. Giving Tuesday. Buyer’s remorse Wednesday. Returns Thursday.
Well, all right, I made up the last two, but they are kinda true.
Hidden in the schedule at the end of November and Christmas & New Years season through December, is Giving Tuesday. This is a perfect time to reach out to past donors to thank them, and touch base with prospective donors. Everyone (or business) doing year end tax planning will benefit from the reminder to get their donations organized and submitted to their favorite charities to make a difference this year. Plus, tax deductions are an added incentive to give donors an extra nudge.
Happy Thanksgiving, Shopping & Giving Week.
Elmer Hall (c) SBP
First Published on IntellZine.com (reprinted here with permission of Author).

It seems obvious that we should expand Pre-K. The question that we all have to answer: Is the $20B per year plan for Pre-K a sufficient long-term benefit to justify the expense (taxes)?
#EmotionalDevelopment #Pre-K
Source: Gray-Lobe, G., Pathak, P. A., and C. R. Walters (2021): “The Long-Term Effects of Universal Preschool in Boston,” SEII Discussion Paper #2021.05.

​ACTS is a group mentoring program for girls 8-18.  The girls work together and have the opportunity to strengthen their social and emotional skills.  The challenges of working with others allows for the development of time management, communication and problem solving skills. 
ACTS stands for “a candle to shine” which is taken from Matthew 5:16.  The mentors are Christian women who have been background checked. Mentees are given opportunities to volunteer in the community and serve others in need.  
ACTS strives to be a proactive program focused on exposing for our young ladies to positive experiences in art, culture, education and recreational activities. Through the use of speakers from the community, workshops and field trips our young ladies gain a better perspective of the world and the opportunities available to them when they chose activities in alignment with God’s best for them.
Target Audience: Young Ladies 8-18, female only
Program Size:    minimum 5 to maximum 15
Geographic Area: Volusia County, Florida (Possible exceptions for virtual programs.)
Web site: www.acaringcommunity.com
FB Page: https://www.facebook.com/ACTS-Mentoring-Program-119353541487330/
Hashtag: #ACTSmentoring
MISSION:
It is ACTS organizational mission to provide mentoring support for the young women in our program, so that they will let their light shine and know that they have unique gifts that can be celebrated.
OPERATIONS: Location, Regular Hours, etc.  
Saturdays, twice a month from 10-12pm.  Parents drop off and pick up.  Mentees are provided lunch.