Money management classes - NBC12 - WWBT - Richmond, VA News On Your Side

Money management classes

CHESTERFIELD, VA (WWBT) - Teaching kids and parents how to be smarter with their money: that's the goal of a new program in our area.

Chesterfield county is offering free financial planning classes for you and your kids.

Chesterfield's library system is the only one in Virginia and one of only twenty in the country to win the grant for the "Families Understanding Numbers" or FUN program. And while the first session took place today, there are about twenty left and you can sign up now.

Valerie Hopson doesn't want her granddaughter to think money grows on trees. They're spending one Saturday morning a month at the library to dispel the myth.

"Looking at their parents always saying 'give me' all the time, this is going to teach them where money comes from."

That's one of the main goals of the FUN program says administrator Nanci Clary.

"They're going to be learning how to budget. They're going to be learning about some of the simple investment vehicles by saving and putting money away for future plans and goals."

The group will meet once a month Saturday mornings at the Laprade branch or Tuesday nights at the Meadowdale location. The sessions are interactive with discussion and activities.

At some point the group will leave the library for field trips to places like the Federal Reserve. There's also talk of sessions at the grocery store for couponing lessons.

Today's class was packed with more than 50 Chesterfield residents. Clary says the grant allows for a program the county would be otherwise unable to provide.

"We're pretty tickled! This for us, is a terrific opportunity to be able to share what we have not had funding and resources for."

Hopson's granddaughter is already on the right track. The nine-year-old has saved 18 dollars.

"I think this program will be instrumental because it will help her to understand what she has to do with the money and save for whatever it is she wants in the future."

The Laprade classes are every third Saturday morning. The Meadowdale sessions are every fourth Tuesday night and continue for a year and a half. Each workshop lasts two hours. If you want to register, call 748-1601.

Copyright 2010 WWBT NBC12. All rights reserved.

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