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Campus Compact for New Hampshire

CCNH advances the public purpose of colleges and universities by deepening their ability to improve community life and to educate students for civic and social responsibility. Read More

Plymouth State University Students Teach NH Kids in Foster Care about Financial Literacy

Five Plymouth State University (PSU) students in the Accounting Program and the PSU Student Accounting Society recently participated in a new Financial Literacy Series for children in foster care in New Hampshire, by teaching them about taxation and lending.

This is the first year the New Hampshire Society of Certified Professional Accountants (NHSCPA) organized the Financial Literacy Series, called You and Your Money Matter. The six-part series took place weekly via Zoom between March 1 and April 5. Each 45-minute session covered a different topic of financial literacy including budgeting, credit cards, investments and more. PSU seniors Kaitlyn Chambers, 21, Natalie Smith, 22, and juniors Stephen Morris, 21, Joseph Stanley, 20, and Madelyn Westbrook, 20, designed and delivered presentations on taxes, loans and life lessons, which took place on March 22 and March 29, respectively.

Chambers said it was a privilege working with the NHSCPA to teach kids about things like borrowing money from a bank and how to file taxes as an adult and the role of the U.S. Internal Revenue Service, but the opportunity held a great deal of personal value to her.

“I have two younger sisters who were adopted by my family out of the foster care system. Presenting to the students that day, I saw a glimpse of my sisters in their faces, so it was doubly fulfilling to teach them about these important topics they might not otherwise have the opportunity to learn about.” Chambers said. “It is my hope that the skills and information gained by the participants will help them to be successful adults and help them navigate financial challenges like understanding student loans if they choose to go to college. I am also grateful for having learned a lot from the experience, myself.”

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