University of Kentucky men's basketball coach John Calipari is championing a new cause in Kentucky: financial literacy education. The program being launched by the Calipari Family Foundation for Children, tech company EverFi, Inc., and area banks is called "Vault." The online interactive program aims to educate elementary school students on a particularly timely issue: how to handle money.
EverFi CEO Tom Davidson says the program presents students with real world scenarios involving budgeting, job planning, and saving in a language they understand. Coach Calipari says the idea actually came about before he moved to the Bluegrass.
"I was going to do it in Memphis, Tennessee. The haves, the have-nots was incredible. And so it was like, 'Let's do something.'"
The curriculum is designed for fourth, fifth, and sixth graders and will be available to kids across the state.