For kids like Joey Romano, whose mom, Michelle Romano is chief financial officer at Northwestern Mutual's McTigue Financial Group, this year's summer fun included a trip to their parents' office in downtown Chicago for Take Your Kids to Work Day 2014.
The fun-filled day featured a lesson in both financial literacy and the importance of helping others and ended with a sweet taste of ice cream.
In the spirit of teaching the kids what services the financial planning firm provides, the kids, ranging in age from 3 to 18, were introduced to "Penny the Pig" a clever piggy bank designed to help young people plan and learn to manage money. It's never too early for kids to get a head start on their long-term financial security," says Michelle Romano, chief financial officer who outlined the components of the four slotted piggy bank.
The slots on Penny the Pig show the four ways people use money: spend, save, donate, or invest, she explained. To make the general use more personal for kids, a sheet of stickers was provided. "By putting the stickers on their bank, kids can visualize their goals," she added.
For a host of other resources that can help give kids a financial head-start visit
TheMint.org, a website from Northwestern Mutual filled with games, quizzes and other tools that can help make financial concepts fun and easy to learn.
Take Your Kids to Work Day 2014 also featured an opportunity to engage the kids' compassion and offer them a chance to give of their time and talent to affect the lives of others. The kids drew inspiring homemade cards that were donated to Cardz for Kidsz!, a nonprofit organization dedicated to uplifting the spirits of hospitalized and/or traumatized children across the globe by delivering inspiring homemade cards.
The financial planning firm also kicked off its initiative to support Alex's Lemonade Stand by raising funds and increasing awareness to fight childhood cancer. Managing Partner John McTigue donated $100 for each child who attended the program while the children and their parents hosted a lemonade stand for visitors. In total, they raised over $4,600 in the first of several fundraising activities the network office has planned for 2014.
The day was brought to a close with an ice cream social, but their parents assured them that was not really part of their normal day at the office.
About The McTigue Financial Group
A network office of Northwestern Mutual, The McTigue Financial Group is a Chicago-based financial planning firm providing expert guidance to help clients manage financial risk and achieve financial security. Ranked one of Chicago's Best Places to Work for six straight years, according to Crain's Chicago Business (2009-2014), The McTigue Financial Group provides career and internship opportunities to individuals who are committed to growing a successful financial service practice. The network office is located at One North Wacker Drive in Chicago, and district offices are located at 2015 Spring Road in Oak Brook, 650 Dundee in Northbrook, and 8600 W. Bryn Mawr in Chicago. Further information can be found at www.mctiguefinancial.com.
About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years. Our financial representatives build relationships with clients through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With more than $217 billion in assets, $26 billion in revenues and more than $1.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.2 million people who rely on us for insurance and investment solutions, including life, disability and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services.