Wed, Nov 16, 2016
When Montgomery County educator Nicola Richards-Wright was promoted to Business Department Chair and transferred from Northwest High School in Germantown to Northwood High School in Silver Spring she did two important things for the students at both schools. As faculty Club Advisor of the Northwest High Millionaire's Club financial education experience, she made sure that the two-year-old Club was left in the qualified hands of a colleague so it could continue to benefit countless students at Northwest, and she took the Millionaire's Club concept with her to her new assignment at Northwood.
Montgomery County Employees FCU, also followed Ms. Richards-Wright to her new school and is the sponsor of Maryland's newest Millionaire's Club.
Students at Northwood gathered recently for the official launch of their Club where they were greeted by Montgomery County Employees FCU CEO, Jim Norris; Montgomery County Public School System representative, DeAngela Hill; and their supportive Principal, Mildred Charley-Greene.
Mr. Norris addressed the gathering and among the pearls of wisdom offered, he promised the students that the skills they learn through their participation in the Millionaire's Club would serve them their entire lives. "Who here wants to be a millionaire?" he asked as hands flew high. "You are going to find, as you mature, move on to college or into the working world, that the skills and habits formed through your involvement in the Millionaire's Club are going to guide your journey to financial independence. I guarantee you that you will look back on the time you spent as a member of the Millionaire's Club as one of the most rewarding experiences in your educational process."
The Millionaire's Club was created by the Credit Union Foundation MD|DC and pairs schools with local credit unions in a mutually rewarding financial education process delivered in a Club-like atmosphere complete with games and competitions.
Clubs are provided seed grants, detailed curriculum, and faculty/student materials at no charge. Clubs are entered into local, regional, and national competitions such as The Stock Market Game™ and The Personal Finance Challenge™. Additional support materials add a fun, competitive edge to the Club's activities and an annual entrepreneurial project provides hands-on experience in business planning and execution.
Millionaire's Clubs have produced State and National personal finance champions as well as first-place Stock Market Game™ competitors.
The Millionaire's Club has captured the attention of educators and credit union sponsors alike in Anne Arundel, Baltimore, Calvert, Carroll, Charles, Howard, Montgomery, Somerset, and Prince George's Counties and Baltimore City. With over 1,500 individual student participants annually in thirty Millionaire's Clubs, with additional Clubs scheduled to launch this school year.
Learn how to start a Millionaire's Club in your community by visiting MillionairesClub.Org today.