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January 21, 2010



DiNapoli: Your Money New York Web Site Provides Kid-Friendly Lessons on Money

New York State Comptroller Thomas P. DiNapoli today announced a new section of his Your Money New York Web site that provides financial information and resources for young people and their families. The new section offers reliable information and interactive games to give young people a fun, hands-on way to increase their financial awareness. Your Money New York (www.yourmoneynewyork.com) is a Web site introduced by DiNapoli last year to give New Yorkers easy access to information and useful resources on money-related matters.

DiNapoli launched the site at the Fordham Leadership Academy in the Bronx, where he also honored the school and its students for work done in financial education.

“Young people face distinct financial challenges,” DiNapoli said. “From student loans to credit cards to learning how to make smart spending decisions, young people need to understand how money works. This kids’ page helps them do just that.”

The new kids' page at Your Money New York has a wide range of information and activities suitable for young people of all ages. Preschoolers can enjoy the interactive games featured on the US Mint Web site, while high school students can learn about the role the federal government plays in our financial lives and find tips on how to pay for college.

The Fordham Leadership Academy is entering its third year of partnership with Capital One Bank. Capital One Bank has installed the first student-run banking branch in a New York City Public School at the Leadership Academy. On Thursday, DiNapoli awarded some of those students with the first ever Your Money New YorkRecognition Award for Financial Education.

“At Capital One Bank we are incredibly proud of our student bankers and our partnership with the Fordham Leadership Academy, and we are honored that the program is being recognized today,” said John Habermann, Bronx Market President, Capital One Bank. “Given recent economic pressures, financial literacy is more important than ever. Through innovative financial programs and partnerships like this, our goal is to help give students a solid foundation of money management knowledge and skills so that they can make wise financial choices in the future. We commend Comptroller DiNapoli on his efforts to promote financial knowledge and education in our community.”

Your Money New York Web Site
The easy-to-use, multilingual site covers credit cards and consumer debt, home mortgages, savings and investments, insurance and protection against identity theft and financial scams. It also provides access to interactive calculators and DiNapoli’s Open Book New York Web site, which brings detailed information on state and local government finances to taxpayers through a centralized, user-friendly platform.

Visit the Comptroller’s Web site at http://www.osc.state.ny.us for more information on Your Money New York.

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