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About

Young Spenders Financial Literacy is a 501(c)(3) nonprofit agency designed to help the youth develop successful money management habits and become financially responsible adults. While literacy - the ability to read and write - is a fundamental part of the education system, financial literacy is often left out of the equation. The goal is to provide tools to middle and high school students, while targeting low-income, minority populations and those with learning disabilities.

The Inspiration

T. Camille Whyte, the founder of Young Spenders Financial Literacy, has close to 20 years of progressive corporate accounting, taxation, and finance experience in privately and publicly held companies.  For 10 years, Camille has participated in The Volunteer Income Tax Assistance (VITA) program, which offers free tax help to low-income families. Through the years, there were many financial questions from clients. Whether it was saving, budgeting or retirement, many individuals just weren't knowledgeable about money management, and this passes down to the next generation.   Camille decided the best way to help with the financial illiteracy, is to start with the next generation coming, our kids! At some point, they will have to make financial decisions on their own and they need to be prepared for the real world!

Money is a fact of everyday life, and learning to manage money well is critical to achieving freedom, independence, and success. There is a need to educate our youth about financial literacy and promote financial literacy in our local communities. Children's attitudes about money are most influenced by their parents, the media, their peers, and their own successes and failures in spending money. The buying habits of children and teenagers are learning experiences.

"Financial literacy is a base requirement like spelling or reading or something of the sort that everybody should acquire at any early age. The financial habits you develop when you are young are going to go with you into your adulthood."

- Warren Buffett

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