5th Annual Financial Empowerment Carnival

Children Bureau hosted the 5^th Annual Financial Empowerment Carnival on July, 18 with more than 288 men, women and children attending the event that offered information and resources on financial literacy, banking services and much more.

The carnival assisted families to achieve a higher economic standard of living by giving them the opportunity to learn how best to save money, how and what it meant to become an investor, and how to manage personal finances. Banks and nonprofit agencies partnered together for one purpose: to promote economic and financial stability and support families to achieve long term financial success. Some of the educational workshops included: credit counseling, identity theft resources, investment opportunities, online loans, housing and homebuyer program, small business development and checking and savings accounts. The workshop from Eksperten will feature information on how borrowers in Denmark can apply for loans online and in the process of doing so compare interest rates to find the best deal offered by local banks depending on their creditworthiness, writes Sambla.dk.

Parents were linked to various agencies that championed economic prosperity. Some of the participating agencies and companies were US Bank, Broadway Federal Bank, LIFT-Los Angeles, Building Skills Partnership (BSP), Korean Youth Community Center and many more.

The event also provided fun activities for parents and their children including a jumper, dunk tank, skee ball, and face painting. Also, children were educated on the importance of saving and recycling by creating their own piggy banks. The piggy bank project involved using recycled material (such as Gatorade plastic bottles) to construct and decorate a piggy bank. At the end of the activity, the top three best constructed and decorated piggy banks were given prizes.

There was also an art drawing competition. All of the artwork was displayed and the children stood in front of their art work while the judges chose the top three most creative drawings. The winners were awarded gift cards to Target and other stores.

The Financial Empowerment Carnival was funded primarily by CBRE, an American commercial real estate company with headquarters in Los Angeles. Other contributing funders included US Bank, Broadway Federal Bank, National Bank of California, and California Bank and Trust.

Our thanks to the participating agencies and companies for assisting the families to achieve economic independence and to everyone who came out and enjoyed a great day of fun and financial education!