Junior Achievement and Discover Launch JA Finance Park Virtual® to Help Teens Better Understand Financial Concepts
Colorado Springs, CO – Today, Junior Achievement USA, with the support of Discover, is announcing the launch of JA Finance Park Virtual®. The program is designed to help Middle and High School students better understand how to manage money by assigning them simulated life-scenarios and challenging them to successfully manage their finances.
The program, which aligns with national and state educational standards, is delivered by a teacher, with the support of a volunteer from the local business community. This can be done either in-person, online, or in a hybrid model. Students then use a laptop or mobile device to participate in the JA Finance Park Virtual simulation. The program helps teens gain a better understanding of how to assess difficult financial situations and weigh their options.
"Many Americans’ first experience with managing finances is as adults when getting something wrong can have life-changing implications," said Jack E. Kosakowski, President and CEO of Junior Achievement USA. "With JA Finance Park Virtual, teens can try, and potentially fail, in a safe environment that includes lessons on money management. We greatly appreciate Discover’s support in helping us get these lessons to as many young people as possible through online delivery."
“JA Finance Park Virtual gives students the opportunity to learn money management skills needed to make important education, career, and financial decisions, said Brian Hughes, Executive Vice President at Discover, and also a Junior Achievement of Chicago Board member. Helping people achieve brighter financial futures has long been Discover’s mission and we believe that mission extends to the classroom. The lessons learned through JA Finance Park Virtual will benefit teenagers long after they leave school.”
For more information about Junior Achievement and programs like JA Finance Park Virtual, visit www.JA.org.
About Junior Achievement USA® (JA)
Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness, and entrepreneurship. Today, JA reaches nearly 4.8 million students per year in 105 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. Junior Achievement USA is a member of JA Worldwide. Visit www.ja.org for more information.
Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance around the world. For more information, visit www.discover.com/company.