KUSA - Predatory lending and the danger of credit card debt are things kids need to learn to avoid early.
"Funding the Future" is a nonprofit organization that presents literacy by means of a live concert.
The Gooding Band has an effective way of explaining it to students in a very cool way.
The band is on the road across the country and is in Colorado this week.
Gooding kicked it off in Colorado on Monday with a live concert.
Gooding and Sacha Millstone, who is responsible for bringing the program to Colorado, will visit 9NEWS at 7 a.m. They will both explain how a rock and roll band can teach financial literacy.
Using the power of a live rock performance their own personal story,"Funding The Future" inspires young people with lessons of finance and discipline to help them see their own dreams as possibilities.
Through a concert, multimedia presentation and talkback, they discuss predatory lending, the danger of credit card debt, saving early and looking to students own communities for support and mentorship, while exposing the myth of rock stars, athletes and actors who sell the false image of overnight success.
Students who do not receive this message early often drop out of college and return to the same cycle of financial irresponsibility as their parents. Children from lower income households and unbanked families are especially at risk.
The main band, Gooding, is made up of Kansas's natives Jenny Wood (guitarist/vocalist), Billy Driver (bassist), Jesse Rich (drummer), and Gooding (guitarist/vocalist/front-man). They are currently based out of Los Angeles, CA. Learn more about them here: www.goodingmusic.com.
About Funding the Future
Funding the Future is an educational organization that works to improve financial literacy of students. United Way of Laramie County in Wyoming is currently serving as fiscal sponsor of the organization, which allows it to receive charitable donations while its own 501(c)(3) nonprofit designation is being processed. On the web: www.fundingthefuturelive.org.
Aside from the newly developed sponsorship by The Millstone Evans Group, Funding the Future is also sponsored by US Bank of Cheyenne, McGee Hearne and Paiz, Big Horn Federal, Cheyenne Community Banks, and Credit Union of America.
About The Millstone Evans Group
The Millstone Evans Group is a financial planning practice of the Raymond James & Associates firm. The Senior Vice President of Investments, Sacha Millstone, is a wealth manager with more than $417 million in assets under management, 28 years of experience, and clients in over 40 states. Her practice has offices in Boulder, Denver, and Washington, DC with a team of 10 associates. The Millstone Evans Group's commitment to the community continues to support educational programs, families in need, and the arts. On the web: www.millstoneevans.com.
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