Nailah, age 15
Over the past three summers I have been attending, the World of Money Institute to educate myself on the power and importance of how to manage money. My mother and father put me into World of Money because they wanted me to be responsible and equipped with the tools to be successful with money. However, they also enrolled me because this program was something that they did not have when they were younger. Many adults say if only they had participated in this kind of program, if only they were more financially literate, if only they were determined not to be in debt, then they would have avoided many financial issues they faced in their youth. I am grateful that I did have this opportunity to learn about money and also to become a better business woman. After being exposed to the world of money, I now am investing into stocks, I have a mutual fund (given to me by World of Money) and I am CEO of my own business called Nai Arts, where I create my own arts and sell to interested people. I am determined to be a pediatrician when I get older. I am determined to impact my society or community through philanthropic actions; specifically to donate to charities for other determined young people but do not have the resources they need. I am determined to do well in school so that I could get scholarships and won’t have to worry about paying my way through college.
As young women of America, let’s show the world that we are capable and determined to make a change. Let’s be responsible with our money, avoid the economic downfalls, and be successful business leaders. You have the potential to be anyone you want to be in this life, but it is up to you to control that.
Nigel, age 16
Before World of Money I lived the life of a financially ignorant teenager, I own currently $150+ sneakers, $55 jeans, and $20 shirts. I had a good childhood I had the coolest clothes, nicest sneakers, and went on vacations to various places. Money never seemed like an issue growing up I knew that I was fortunate but I also knew I wasn’t rich. It was hard for me to save money I usually just spend and never think about if I really need it or even want what I’m getting. My parents often called me “spoiled” which I never understood.
During World of Money my eyes mere opened to the financial world we all live in. I was amazed at the concept of making money grow because I like most people love money and making it grow. My mother had to get used to me coming home every day unloading all the
information that I learned in class. It was overwhelming learning a huge amount of important financial information in only a week especially knowing that I will use the information in the future. I had no knowledge of real estate, verbal agreements, taxes or stocks however with World of Money I am confident in my new knowledge of these topics.
After experiencing World of Money I am more aware of my flaws however I struggle with facing my contribution to financial issues. I still contain my overspending tendency, but I also know how to save money and invest. After the program I was able to completely understand everything that was taught. I still have a costly taste in sneakers, clothes, and most things but I know how to limit the amount I spend. I am now aware of the fact that I would like to invest my money now so that I will have more money in the future.
As for my career choice I still do not know what I want to do. I am still fairly young and have time to figure out what exactly I want to do in my future. I want to be certain that the career that I choose is something that makes me happy financially and emotionally.With life you never know what the future holds so I live life one day at a time instead of planning it.
Garrett Collins, age 15
Attending World of Money has greatly affected my life. It has helped me find my love for finance. Through the many lessons it helped give me essential foundations for a field I am going to break through in. World of Money has also helped find me a mentor in the finance industry, Joseph Edmondson.
Before attending World of Money I had an interest for financial matters. What World of Money helped me with is how financial news effects to my life. After the session I could fully understand the financial news of the week. Now I am looking forward to Monday to see what new news there is and connect it to my life. World of Money also taught me how there is a benefit to donating. If one donates to a 501(c)(3) organization they can get tax deductions. It also taught me that you must always give back to those who don’t have. After attending World of Money for three years my love for finance has grown. From World of Money, I’ve found that I am determined to be an investment banker. I want to be the mastermind behind major financial news in the future; I love analyzing data and figuring out what it means. Before this year’s session of World of Money I reached out to a number of executives from investment banks in the city to be a mentor to me. I was very fortunate to receive a response from the Vice Chairman of a major international investment firm. He was very pleased to receive a letter from a young person interested in his field of work and would be happy to take me on as his mentee.