Lake Zurich Boy Learns Principles of Money Management at Bring Your Kids to Work Day
From financial literacy to service learning, kids at Northwestern Mutual's McTigue Financial Group had a full day of building lifelong skills at the second annual Bring Your Kids to Work Day.
"As a financial security company, we know the importance of teaching children about money and planning for tomorrow," said Nikki Perryman, Director of Operations, "but equally important is teaching them to be compassionate and charitable." Her sons, Nate and Joe, and daughter, Abbie, participated in the event held in downtown Chicago.
The day's agenda included an introduction to Penny the Pig, a four slotted piggy bank that provides choices for saving, spending, investing and donating. A scavenger hunt and coin toss awarded pennies as prizes and challenged the kids to select which slot to bank them. A presentation by 9-year-old Ethan Hughes, whose father, Robert Hughes is the firm's Chief Operating Officer, included a kid to kid talk about making, saving, spending and borrowing money.
Turning to community service, the kids created encouraging and uplifting hand-made cards that would be shared with hospitalized kids through Cards for Hospitalized Kids. They also hosted a lemonade stand that helped raise over $400 for Alex's Lemonade Stand Foundation, a non-profit dedicated to raising money for pediatric cancer research. In 2014, The McTigue Financial Group announced a concerted community service effort to support the well-being of children and families facing pediatric cancer.
"The event provided a great way for our kids to experience our distinct culture and the values we embrace," Perryman added.
Parents and kids can learn more about money-savvy skill-building for kids on Northwestern Mutual's financial literacy website, http://themint.org.