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VIDEO | Young people learn about work – and how to handle money

VIDEO | Young people learn about work – and how to handle money

Empowering Wilmington's Youth: A Transformative Journey Through the City's Career Development Program

In the heart of Wilmington, a remarkable initiative is empowering young individuals, as young as 14 years old, to embark on a transformative journey towards financial independence and career readiness. The City of Wilmington's Youth Career Development Program, supported by the unwavering commitment of Bank of America, is providing these youths with the opportunity to earn a paycheck, gain valuable work experience, and learn essential money management skills – a foundation that will serve them well throughout their lives.

Unlocking Opportunities, Shaping Futures

Bridging the Gap: Wilmington's Youth Career Development Program

The City of Wilmington's Youth Career Development Program is a remarkable initiative that aims to empower young individuals, aged 14 to 20, by providing them with paid work opportunities in various businesses, restaurants, daycares, and other establishments. This eight-week program not only offers these youths a chance to earn a paycheck but also equips them with invaluable on-the-job training, allowing them to develop essential skills and gain real-world experience.Brenda Jenkins, a key figure in the program, has witnessed the remarkable growth and maturity of the participants. "I see the growth in them. I see the maturity in them. At the end of the program, they're telling me how they can't wait to come back and work in the fall program, or work next year in the summer program," she shares, highlighting the transformative impact the program has on the lives of these young individuals.

Cultivating Financial Literacy: Bank of America's Involvement

Recognizing the importance of financial literacy, Bank of America has stepped in as a major supporter of the Youth Career Development Program. Through their "Better Money Habits" initiative, the bank is providing these young participants with a comprehensive education on personal finance, covering topics such as checking accounts, savings accounts, credit cards, debit cards, budgeting, building credit, borrowing, and investing.Andrew Johnstone, a representative from Bank of America, emphasizes the significance of this financial education. "What I find is that it's important that the kids start off well. They're able then to build good habits that last a lifetime," he explains. "Whatever we can do to help that to start that process is helpful for them in their careers."

Investing in the Future: Bank of America's Commitment

Bank of America's support for the Youth Career Development Program extends beyond the financial literacy workshops. The bank has also presented a 0,000 grant to the City of Wilmington, further strengthening the program's ability to provide employment opportunities and create a brighter future for the city's youth.Chip Rossi, the Bank of America Delaware representative, eloquently expresses the bank's commitment to the program. "The City of Wilmington's summer youth program is a commitment to invest in our future workforce and create opportunities to help youth thrive in our community," he states. "Bank of America has supported the City of Wilmington's efforts for the last eight years as they work to advance economic opportunity in Wilmington for the next generation."

A Collaborative Effort: Wilmington Mayor's Appreciation

The success of the Youth Career Development Program is a testament to the collaborative efforts of the City of Wilmington and its partners. Wilmington Mayor Mike Purzycki has expressed his deep appreciation for Bank of America's continued support over the years, acknowledging the significant impact it has had on the program and the city's young residents."Bank of America's continued support over the years has been hugely impactful for this program and for our teens," Mayor Purzycki affirms. "We continue to appreciate the bank's generosity and commitment to our City and residents."The Youth Career Development Program in Wilmington is a shining example of how public-private partnerships can create meaningful change and empower the next generation. By providing young individuals with paid work opportunities, financial literacy education, and a supportive network, this initiative is paving the way for a brighter future, one young person at a time.

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