Steckler Wealth Management Group, a leading local financial planning team, sponsored a financial literacy rock concert for nearly nore than 1,000 students representing 12 Miami-Dade County schools on Oct. 17 at Miami Senior High School. The event was made possible through a partnership with nonprofit Funding the Future and national sponsor Raymond James Financial.
Using the power of a live rock performance to deliver inspirational lessons of finance and discipline to young people, Funding the Future helps students see their dreams as possibilities. The nonprofit’s performance combines a concert, multimedia presentation and talkback to discuss predatory lending, saving early and the danger of credit card debt. Delivering the infectious rock beats and sage advice is Gooding, a four-person rock band.
“Understanding why it’s so important to be responsible with money is something that every young person should be exposed to early on,” said Laura Steckler, senior vice president of investments and the managing director of investments at Steckler Wealth Management Group. “Funding the Future helps make learning about these important topics fun and interactive, so we’re proud to be sponsoring their tour in our local community.”
The local concert is part of a national financial literacy rock concert tour sponsored by Raymond James Financial, making stops at more than 30 schools and playing for more than 8,000 students in 2017. According to a study conducted by the Federal Deposit Insurance Corporation (FDIC), 69 percent of students who receive financial literacy education increased their saving and there was a 25 percentage point increase in those who intended to save over those who were already saving.
“We’ve always been committed to ensuring the financial well-being of our clients and their communities, so partnering with Funding the Future was a natural fit. Their work closely aligns with our mission to arm the next generation of working professionals with the tools they need to achieve success,” said Sacha Millstone, Funding the Future board member and senior vice president of investments at the Millstone Evans Group of Raymond James.
“We’ve seen firsthand the positive impact these concerts have on students and are excited to bring Gooding’s rock ‘n’ roll approach to financial literacy into local communities across the nation,” Millstone added.
“We feel it’s absolutely crucial that financial literacy is taught in our schools,” said Gooding, lead guitarist and singer for the band Gooding. “We have talked to thousands of people at shows and on the street, and we feel this issue is a common denominator to so many problems later in life.”