Almost 1,000 kids from the Greater Richmond area have registered to attend the camp sessions, which began July 7. Now in its third year, the camp is just one of many in the Richmond Fed’s portfolio of programs aimed at developing lifetime skills for making financial decisions, explained Economic Education Manager Melanie Rose.
"Our summer camp for kids provides [the] building blocks for making financial choices and understanding how those choices affect the economy," Rose told Kate Davidson of American Public Media during a recent visit to the Richmond Fed.
Davidson spent the morning with kids from Primrose–Twin Hickory and the afternoon with the Tuckahoe YMCA as they explored the interactive exhibit and played financial literacy games tailored to their age groups. The story aired Monday, July 21 on “Marketplace”.
The daily camp sessions continue through August 7 and are held between 10–11:30 a.m. and 1:30–3 p.m. Monday through Thursday. As part of the program, the kids and pre-teens participate in simulated market games as buyers and sellers, travel the economic timeline for the growth of living standards and learn about Richmond Fed history. The camp program additionally offers games such as identifying goods and services for the youngest visitors, as well as problem solving and budgeting for older students.
Additional economic education and financial literacy resources are available on richmondfed.org and include: