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Camp fYrefly youth get a lesson in financial finesse

Posted on: August 14, 2013 | Author: Jennifer Kohle

 

Youth attend a workshop at Edmonton's Camp fYrefly.

A little sound financial advice can go a long way, and that’s what we’re banking on for a special group of kids. ATB Financial recently held financial literacy workshops for youth attending this year’s Camp fYrefly in Edmonton and Calgary.

Camp fYrefly is a summer leadership camp for lesbian, gay, bisexual, trans-identified, two-spirited, intersexed, queer, questioning, and allied youth. The retreat is a safe place to grow and focuses on building skills and personal resiliency.

During the financial literacy workshops, ATB Financial banking experts covered a variety of topics including the basics of banking, what to expect from your bank, creating and living on a budget, credit cards, student loans, and how to build up your savings. Introducing financial literacy early on can help youth grow up to be money-savvy adults. As a financial institution, we leverage our banking know-how to help Albertans in a variety of ways.

ATB has been supporting Camp fYrefly in Edmonton since 2008, and this year we provided extra support to help bring the camp to Calgary. We have been holding a financial literacy workshop at the camp for the past three years (this is year one for the Calgary camp). We support Camp fYrefly because it aligns with our mandate to support children and youth, and it is an innovative program with a great vision and a big impact.

“Camp fYrefly is a special place,” says Sandra Huculak, Director of Corporate Social Responsibility and Community Investment. “It’s a place of hope that inspires youth to embrace their true potential… A place that has the power to reshape their future.”

Camp fYrefly took place July 11-14 in Calgary, and July 25-28 in Edmonton. The camp is led by the University of Alberta’s Institute for Sexual Minority Studies and Services (iSMSS). The name is derived from an acronym developed by the campers themselves: fostering, Youth, resiliency, energy, fun, leadership, yeah!

Other ways that ATB promotes financial literacy in children include the Junior ATB program in schools, as well as our support for Junior Achievement. Last year, we contributed $2.3 million to charitable causes and important community projects across the province, not including sponsorships.

Click here to learn more about Camp fYrefly

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