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Liz Burke, HLD Communications, 516-629-3285 (o) or 917-573-1440 (m)
Residents Invited to Family Financial Literacy Fair to Be Held in Levittown on Saturday, May 3 from 10AM to 2PM
Recent national report shows teenagers scoring poorly in financial literacy test
Levittown, NY – March 27, 2014 – The Nassau County Chapter of the New York State Society of Certified Public Accountants (NYSSCPA) will conduct a Family Financial Literacy Fair to educate children in kindergarten through fifth grades on the importance of saving money. Through fun activities, experienced tax professionals will offer great ways for kids to learn the skills to prevent financial burdens from occurring in the future. The fair will be held at the YES Community Counseling Center in Levittown on Saturday, May 3, 2014 between 10:00 a.m. and 2:00 p.m. To RSVP to attend the fair, please email your name, address, email address, phone number, number of child attendees, and number of adult attendees to firstname.lastname@example.org.
The trend across the country shows that young adults need help in the financial area. During 2012 and 2013, nearly two-thirds of students aged 15 to 18 scored below 70 percent in the National Financial Educators Council financial literacy test, administered to 1,309 people. “It is extremely important to educate children in money management as early as possible,” said Karen Tenenbaum, the fair’s lead organizer, member of NYSSCPA Nassau, and partner at Tenenbaum Law, P.C. “We instill solid skills in children at a young age so that when they mature, they are in the ideal position to pay their bills. At the fair, kids will learn how to spend responsibly, give appropriately, and budget regularly.”
Families will participate in money-related activities and observe live entertainment. The animated character, Walter the Vault, will make an appearance and teach children how to save and invest, with the main goal being to educate parents/guardians and children to ensure that future generations make the right financial decisions. The fair is sponsored by Ameriprise Financial Inc., Sanders Thaler Viola & Katz LLP, Marks Paneth LLP, Charles Schwab, Robert Kothe, and Money Masters, Inc.
About the NYSSCPA
Founded in 1897, the NYSSCPA is the premiere professional accounting association for more than 29,000 certified public accountants residing and practicing in New York State, encompassing all areas of public practice, including in government, education, and industry. Visit the society’s website, as well as its Nassau Chapter and the chapter’s Financial Literacy Committee for more information.
Tenenbaum Law, P.C.
For eighteen years, Tenenbaum Law, P.C. has focused its practice on the resolution of tax controversies. The firm offers comprehensive services to businesses and individuals with respect to their Federal and New York State tax matters, such as Individual & Business Tax Audits, Installment Agreements, Innocent Spouse Relief Claims, NYS & NYC Residency Audits, and Sales and Use Tax. To learn more about the firm, call 631-465-5000 or visit www.litaxattorney.com.