Roselle Bank worked with students in the after-school program, TREP$,
to teach entrepreneurship, saving and smart money habits.
Roselle Bank, which has served central and northern New Jersey for over 130 years, supported an entrepreneurship program educating High Bridge Middle School students on the importance of sound financial decisions. As part of the after-school program TREP$, short for entrepreneurship, students in grades 5-8 learned how to launch their own businesses. The students learned everything from product development, to deciding how to price, package, present, and promote their products.
On Friday, December 6, approximately 76 students transformed the school’s gymnasium into a marketplace, launching their self-run businesses. Home-made products included recycled frames with photos taken by the student, holiday decorations and custom painted designs for sneakers and candles. Roselle Bank assisted in managing the profits of their sales to customers, all while teaching the students about the importance of money management and having a student savings account.
“Roselle Bank was honored to take part in this engaging educational event,” said Michael McCambridge, President and Chief Financial Officer for Roselle Bank. “We were happy to share the importance of developing important money skills at a young age with the students of High Bridge Middle School. The event was a great way for students to demonstrate their creativity, grasp the concept of money efficiency through trial and error and, most importantly, have fun with it. We hope they will take the skills they learned and apply them to future financial habits.”
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