How Girls Inc. of New York City Is Working to Increase Financial Literacy for Girls

The video discusses a program aimed at inspiring girls to be strong leaders by improving their financial literacy. It highlights the challenges women face in finance, such as lower earnings and savings. The program teaches girls money management skills through experiential learning, including a successful Investment Challenge. The program is implemented in schools with support from companies, achieving significant impact with all participants going to college.

What is one of the main reasons why financial literacy is crucial for women?

• Women save more than men.

• Women live longer and earn less.

• Women have higher financial literacy rates.

• Women earn more than men.

What is the primary goal of the Investment Challenge mentioned in the video?

• To give girls practical experience in investing.

• To help girls understand the stock market.

• To provide girls with a scholarship.

• To teach girls how to save money.

How did the girls perform in the Investment Challenge?

• They lost all the money.

• They achieved a 54% return on investment.

• They broke even.

• They only managed a 10% return.

How are the financial literacy programs delivered to the girls?

• By inviting girls to a central location.

• Through online courses only.

• Through weekend workshops.

• In collaboration with schools across the city.

What is the success rate of girls in the program going to college?

• 60-65%

• 100%

• 75%

• 50%