Oklahoma City Branch Teaches Personal Finance to Tulsa’s NextGEN Talent Students

By: Joseph Mahan

The Federal Reserve Bank is embracing opportunities for face-to-face interactions with the community. The Oklahoma City Branch Public Affairs team was invited for a second year by the Tulsa Chamber of Commerce to speak with 36 Tulsa NextGEN Talent students to explain the Federal Reserve and basic financial concepts.

NextGEN Talent from Tulsa is a three-week internship that connects African American students with business leaders and career opportunities.

Rue Ramsey, Vice President of Workforce and Talent Strategies, Economic Development at the Tulsa Chamber of Commerce, said the program’s goal is to provide access for students because their communities are often denied.

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“I think money is important,” Ramsey said. “The information shared by the Federal Reserve Bank will create opportunities for students by providing them with financial knowledge and information before they move on their own.”

NextGEN Talent students also attended a corporate etiquette session sponsored by the Oklahoma City branch. During this session, the students learned how to behave during a business meal.

Leslie Baker, Public Affairs- Oklahoma City, guided TNT students through a hands-on budgeting activity that required them to make decisions about how to spend the money. The students were given the cards “The Fickle Finger of Destiny” to show the importance of preparing for unexpected life events.

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“This is an engaging activity where they learn about real-life situations while making difficult decisions,” Baker said. “Students can apply the skills learned in their daily life.”

Nailah Markham, a Tulsa public school student who participates in the program, explained that she was unaware of most of the information taught prior to this class.

“I currently work so many things that I have learned here today that I can use in my career now and in my future,” said Markham.

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Leslie Baker said the participation of TNT students shows the importance of community outreach from the branch.

“In-person visits allow for building relationships by forming a connection with students that online interactions don’t allow,” Baker explained.

Ramsey said he appreciated the partnership with the Fed’s public relations team.

“This opportunity to speak directly with Federal Reserve experts is important for the future of students,” Ramsey said. “Interaction ignites curiosity in our students and provides meaningful information they need.”

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