Finance Coach and Author on a Mission to Strengthen American Youth’s Financial Literacy

February 2, 2015

PHILADELPHIA, PA – In 2014, teenagers from different countries took financial literacy exams. The Organization for Economic Cooperation and Development administered a two-hour written test through their Programme for International Student Assessment to 29,000 15-year-olds in 18 countries or partner economies. American teens fell below half of their peers in several other developed economies regarding financial literacy. Interestingly, Shanghai, China’s 15-year-olds obtained the highest scores on this international financial literacy exam.

Furthermore, finance coach and author, Jeremy G. Preston, is on a mission to strengthen American youth’s financial literacy. Mr. Preston conducts lectures and seminars on financial literacy at elementary, junior high, and high schools across the United States. In an effort to further strengthen financial literacy, Mr. Preston has launched a nationwide financial literacy initiative that is called “The E.I. Money Savings Challenge”.

The E.I. Money Savings Challenge is an initiative that strengthens financial literacy in a fun and creative manner. It (E.I. Money Savings Challenge) is essentially a contest with the objective of savings money by being economically intelligent and creative. It’s really easy for teenagers to participate. Simply follow the following steps:

1. Think of a creative idea for saving money.

2. Apply that creative idea and save money. Note: Participants have to prove that their

       idea was applied.

3. Share your success. Enter your creative money savings idea / story on the E.I. Money

Savings Challenge webpage. Enter your story at the following web address:

Teenagers [ages 13-18] can enter the E.I. Money Savings Challenge now! This contest is currently open and will remain open till February 28, 2015.

Mr. Preston’s goal in launching E.I. Money Savings Challenge is to stimulate American youth’s minds to comprehend and be more conscience of financial literacy. In the past few years, financial literacy exam scores for American teens are slightly below average. There is most definitely room for improvement in this area of American education. The E.I. Money Savings Challenge is a step in the right direction when it comes to strengthening financial literacy among American teens. This money savings challenge will help spur American teens to increase their financial literacy knowledge so that the U.S. can once again regain superior financial literacy exam scores.

Preston comments, “Let’s work together to encourage as many American teenagers as possible to enter the E.I. Money Savings Challenge. Oh and did I mention that the top three (3) entries will be awarded cash prizes! That’s right, the top three (3) money savings entries will be awarded cash prizes and national recognition. The Grand Prize winner (1st place winner) will receive a cash prize and a free copy of Mr. Preston’s book titled, “E.I. = $: 10 Steps To Become Economically Intelligent (E.I.) and Live A Financially Successful Life”. Please share this opportunity to enter E.I. Money Savings Challenge with as many teenagers as possible. Let’s help our youth get back on track in this area of financial literacy.”

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