WASHINGTON, D.C. – Master Your Card, a community empowerment program sponsored by Mastercard®, today joined representatives from the Bronx Borough president’s office and local educators to recognize more than 250 students who completed its interactive financial education program at the Bronx School for Tourism and Hospitality, and New Visions School for Advanced Math and Science II. Today’s event also featured a panel discussion, an interactive game and other activities for students.
“Working with EverFi, we created this online, technology-based education program to provide young people with important financial knowledge and skills in a way that matches how they prefer to learn,” said Shawn Miles, Executive Vice President for Public Policy at Mastercard, and a leader in the creation of the Master Your Card community empowerment program. “This is part of Master Your Card’s outreach across the country, particularly in low-income areas, to help people understand how they can use electronic payment technology and make smart decisions to achieve greater financial security and success.”
Master Your Card partnered with EverFi, Inc., the nation’s leading education technology company, to bring this financial education program to students at no cost to schools or taxpayers. The program is part of a community initiative aimed at providing financial education to students in financially underserved communities.
“I always felt that learning how to handle your finances is such an important skill set to attain and the earlier students learn how to manage their money, the better they can avoid some of the pitfalls we encountered as adults, lessons we learned the hard way,” said Bronx Borough President Ruben Diaz Jr. “I am proud of what these students have accomplished and it is great to see the Master Your Card financial education program teach these children, our future community leaders, the importance of financial health. It is wonderful that the students participating in the program will leverage these skills they learned for years to come, as they help take our great borough to the next level, as we continue to grow.”
Available to schools in the Bronx, the program uses the latest in simulation and gaming technologies to bring financial concepts to life for today’s digital generation. Administered by teachers in the classroom, the high school curriculum aligns with both state and national standards, and covers a range of critical financial topics such as saving, budgeting, credit, debt, careers and income.
In addition to the Bronx, Master Your Card is working with grade and high schools in Baltimore, Md., Southeast Los Angeles, the Mississippi Delta and Richmond, Va.