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Eddy Sumar is Educating the Youth About Finances

Attention high school and college students! Are you worried about how to avoid college debt and manage your finances? Well, we have good news for you. Eddy Sumar, an award-winning...

Attention high school and college students! Are you worried about how to avoid college debt and manage your finances? Well, we have good news for you. Eddy Sumar, an award-winning International Trade Financing Consultant and Division Leader of the Education and Youth Skills Development Liaison of the Inland Empire Regional Chamber of Commerce, along with Insurance Agent Stephanie Jones and SEO/Digital Marketing Director of Farmers Insurance - Young Douglas office, are coming to Etiwanda High School Senior College Career Fair to support a financial literacy educational program for young people.

Why should you care about financial literacy? Simply put, it teaches you the basics of money management. Budgeting, saving, debt, investing, giving, and more. Knowing these skills at an early age can help you avoid many of the mistakes that lead to lifelong money struggles.

Here are eight benefits of basic financial skills you should learn in high school:

  1. Balancing a Checkbook: Learn how to keep track of your income and expenses to avoid overdraft fees and bounced checks.

  2. Setting up a Budget: Create a plan for your money, including saving for emergencies, expenses, and future goals.

  3. Paying for College: Understand the cost of education and how to pay for it, including scholarships, grants, and loans.

  4. Life Skills: Learn how to manage household finances, including bills, rent, and utilities.

  5. Investing: Understand the basics of investing in stocks, bonds, and mutual funds to grow your wealth over time.

  6. Long-Term Financial Planning: Plan for your future, including retirement and estate planning.

  7. How to Build Credit and Manage Credit Cards: Learn how to build and maintain good credit, avoid debt, and manage credit card balances.

  8. Renting an Apartment and Paying for Utilities: Learn how to find and rent an apartment, and how to manage utilities, including electricity, water, and gas.

As an added bonus, Farmers Insurance also offers insurance and financial products that can benefit students and their families. IRAs, College Savings Plans, Annuities, Mutual Funds, Variable Universal Life insurance, and much more can help you and your family plan for the future.

So, don't miss out on this opportunity to learn about financial literacy and take control of your future. Join us at the Etiwanda High School Senior College Career Fair and get a head start on your financial journey.

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