Even if your child does not aspire to become a Financial Advisor at one of the top firms in the world, it is safe to say that money matters regardless of where life takes you and it is never too early to learn how to use it wisely. Two Palm Beach Day Academy graduates and Morgan Stanley Financial Advisors, Fritz Van der Grift and Robert Riva recognized the need for a youth finance curriculum while looking back at their institutional education. More importantly, they realized the importance of ‘socially conscience’ investing.
“I think we can all agree that the primary reason people invest is to generate returns on their investment. In following that line of reasoning, those returns provide us and our loved ones with a better quality of life. As far as I’m concerned, the next logical question, why stop there?” Riva challenged.
The after-school program, Money Matters, meets every Monday at Palm Beach Day Academy from 3:15 p.m. to 4:15 p.m.. Students learn basics associated with personal budgeting, cash flow analysis, interest rates, and astute financial decision making.
“While I am truly grateful for the education at Palm Beach Day, Deerfield, and Palm Beach Atlantic, I really never learned the basics of money management,” shared Van der Grift. He went on to add, “If we believe it’s important to be good stewards of our finances, we should also be socially aware of how those finances are impacting the world around us.”
Current Palm Beach Day Academy parents who enrolled their children include Marzia Precoda and Donna Lloyd George. Both feel it is important to expose their children to the basics of finances.
“My children’s well-rounded education is a priority for me. Languages, travel and exposure are important, but knowing how to plan for the future is fundamental,” says Precoda.
For information on enrolling in the class, contact Fritz Van der Grift or Robert Riva at 561-650-7500.