Financial education is recognized as a significant contributor to improved financial inclusion, well-being and stability – values we strongly believe in at Toyota Financial Services. Recently, we implemented our first TFS Making Life Easier Financial Empowerment Month where we leveraged the passion and talent of over 100 of our team members to deliver financial education content to nearly 500 students nationwide.
From Los Angeles to Boston and from San Antonio to Minneapolis, TFS team members created 22 meaningful experiences and learning opportunities for students ages 8-18 with nonprofit organizations, including Boys & Girls Clubs, Girl Scout Troop, Junior Achievement, and Title 1 schools .
At the TFS Customer Service Center in Baltimore, 20 team members assisted 112 students from Curtis Bay Elementary in a simulation of the “micro-economy” at Junior Achievement BizTown. Through this experience, students learned what a day in the work life looks like at various corporations, including businesses like Toyota Financial Services. Students assume various career positions in differing industries to learn about careers and find out how financial decisions can impact their lives.
At the San Diego Dealer Sales and Service Office, team members hosted a local Girl Scout troop helping them earn their Business Owner badge. Team members and scouts rolled up their sleeves and put on their baking caps to write business plans for their very own cupcake shop!
Scouts learned how to develop a business plan, locate start-up funds, define employee roles and learn from an actual local cupcake shop owner. How do you top off an event like this – with cupcakes naturally, yum!
“I would definitely do this again next year,” commented a TFS team member. “The curriculum was impactful as it encouraged the 2nd-5th grade Girl Scouts to think about their financial future and exposed them to career minded business plans. You could see their gears turning; thinking, engaged and learning.”
“Thank you, TFS team members, for giving of your time, talent and know-how in support of financial capability and economic equality in your communities. Being able to have access to the mainstream economy and feeling confident when making financial decisions should not be a barrier to successful living.”
The signature event of the TFS MLE Financial Empowerment month was hosted on the TFS Campus in Torrance, California on April 16. One hundred thirty (130) local Girl Scouts were invited to have fun, build their financial capabilities, and eat great food. TFS and Girls Scouts of the United States of America CEO’s Mike Groff and Anna Maria Chavez kicked off the festivities by acknowledging the importance of financial empowerment and leadership.
TFS team members led scouts from grades 6-12 through two badge-earning opportunities, including activities such as Budget Like a Boss Bingo, That’s Life On My Own and Credit Roulette. Scouts participated in a photo booth and earned their limited-edition TFS Driving My Financial Future patch. Check out more event action by viewing the video here.