State Treasurer to Give a Lesson on Finances

State Treasurer Matt Fong will teach Walnut Elementary School students the finer points of personal finance Friday during Save-at-School Day.

Designed to instill a savings habit in the future work force, the Save-at-School program will allow students to start savings accounts with East-West Federal Bank, a local bank that already works with the elementary school through an adopt-a-school program, said Mike Bower, a spokesman for the Walnut Unified School District.

Students may make deposits and withdrawals from their accounts during designated “banking days,” when bank representatives will come to campus to handle transactions and stamp passbooks.

Ideally, students will have individual savings goals and try to contribute a portion of their allowances to their accounts on a regular basis, Bower said.