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Purchasing Power® Introduces Financial Lessons for Youth

Realizing that helping employees overcome some of their financial challenges is only part of the solution to greater financial flexibility, Purchasing Power, LLC, one of the fastest-growing e-commerce voluntary benefit companies offering a leading employee purchase program through the convenience of payroll deduction, is now starting to pave the way for future generations.


To view the video announcement: Purchasing Power/JA Announcement 


Purchasing Power is partnering with Junior Achievement USA (JA) to provide FUTURE POWER: Financial Lessons for Young People, financial educational materials geared to the school-age children of its customers. Available on the company’s website, these materials are designed to teach children basic financial understanding so that they are empowered to make good financial decisions as they move forward in life. 

This new resource includes seven downloadable modules created by JA that offer exercises in personal financial management. There are age-appropriate materials for elementary, middle and high school students. Parents can use them to help educate their children about the importance of savvy shopping and saving, car buying 101, managing a check ledger, career exploration and more. Interested students/families wanting additional educational material can access further tools, resources and local-market student activities promoted at JA’s national website.

“Purchasing Power wants to encourage parents to raise financially-responsible children and grandchildren, so we’re making some basic tools available to our customers to do this,” said Richard Carrano, Purchasing Power CEO. “Our platform of free online financial tools and resources educates and enables our customers to improve their own financial wellness. Now, we are taking the next step by helping parents teach their children with age-appropriate exercises that can offer a head-start to developing an understanding of how to manage money,” he added.

Purchasing Power is a long-time corporate partner and supporter of JA, the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. 

“Our mission at JA has always been to work with local schools and communities to help empower youth with financial education and economic responsibility,” said Jack E. Kosakowski, President and CEO, Junior Achievement USA. “We’re thrilled that Purchasing Power is helping to promote JA’s money lessons for kids and teens to its national customer base, reaching additional millions of families across the country.”