Children of Southern Nevada helped save $73,169 during the 2015-16 school year through the Young Philanthropists Society (YPS) Piggy Bank program.
The program incorporated actual banks at Bracken, Long and Hollingsworth STEAM Academies. Through the use of fun, hands-on lessons, the program's curriculum taught young students several financial concepts such as "needs" versus "wants," money saving habits, and financial decision-making skills.
Silver State Schools Credit Union and Andson Inc. played a key role in the program's success. The program operated kid-friendly banks at each participating elementary school, which included bank teller counters and wall decals with money saving tips.
“Students get excited about saving for their future when they see their money add up through this program,” said Justin Micatrotto, Co-chair, YPS. “YPS created the ‘Piggy Bank’ program because we are passionate about helping students learn how to save while they are young so that they can go to college and succeed in life.”
Led by YPS co-chairs Justin Micatrotto and Timara Marquis, the Piggy Bank program has saved more than $162,616 since 2012. The United Way of Southern Nevada utilizes programs like the Piggy Bank to help build a solid foundation for families and individuals to obtain economic independence.