Bay Area Financial Education Foundation Partners with Robinhood to Help Bay Area Students Improve Their Financial Literacy
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SAN FRANCISCO, Aug. 2, 2021 /PRNewswire/ The Bay Area Financial Education Foundation (BAFEF), a 501(c)(3) nonprofit organization formed by volunteers from the local finance industry, announces partnership with Robinhood to help Bay Area students improve their financial literacy.
BAFEF provides free classes taught by financial professionals in local high schools, youth organizations, colleges and support groups. The classes focus on the basics of personal finance including budgeting, understanding credit, basics of investing, taxes and your paycheck, and paying for college.
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Zogo co-founder Bolun Li says the way finance is taught to youths is âsuper boringâ.Â
Dominic-Madori Davis
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Bolun Li realised back in high school that financial institutions have no idea how to connect with Gen Z.
Li recalls how bank representatives would come to his school, St Johnâs Prep on the North Shore of Boston, and give two- to three-hour lectures. In the end, they would leave a flyer, say âopen a checking account and youâll get $20â, and just leave, he told Business Insider.
âI just felt it was super boring,â Li told Business Insider, âand didnât really teach our generation the most important part of finance.â
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