T. Rowe Price’s annual Parents, Kids & Money Surveys show year after year that talking about money with kids more frequently can better position them for financial responsibility as adults
As many families navigate financial hardship and stress brought on by the pandemic, T. Rowe Price advises parents to discuss potential money challenges with kids during this difficult time. The firm’s research shows that kids are astute observers of family financial dynamics, often detecting when there is financial stress. In the absence of guidance from their parents, kids are left to form their own conclusions about the drivers of financial stress and what it means for their family.
The donation represents a continuation of the firm’s effort to support causes that address challenges related to racial inequality
BALTIMORE, June 18, 2020 /3BL Media/ - T. Rowe Price and its Foundation announced today a $2 million commitment to organizations working to fight racial injustice. The donation is a continuation of the firm’s commitment to racial equity, which became a stronger focus following the 2015 Baltimore unrest resulting from the death of Freddie Gray. The Foundation will work closely with an advisory committee that will include representation from the firm’s associates to determine the recipients of this donation.
In 2015, the T. Rowe Price Foundation invested $1.3 million to address critical needs in West Baltimore.
Multimedia with summary
Since it was founded in 1981, the T. Rowe Price Foundation has partnered with the community to promote and enhance community life. To help address critical needs in West Baltimore, the Foundation committed $1.3 million over three years in 2015. John Brothers, president of the T. Rowe Price Foundation, says, “We want West Baltimore to be what West Baltimore wants to be. What we’re proud of is that we empowered residents and their organizations to decide on the future that they wanted and that we were able to provide seed funding for those purposes.”
March 31, 2020 /3BL Media/ - T. Rowe Price offers fun and informative in-home learning with its Money Confident Kids® program. Parents and educators looking for instructive online resources to support learning while many schools are closed amid the coronavirus pandemic can take advantage of the program’s activities, which include:
January 21, 2020 /3BL Media/ - T. Rowe Price has relaunched its Money Confident Kids® program, a financial education program teaching basic financial concepts to middle school-age children, as a new five-step program with a refreshed website. The five steps outlined on the new site are designed to build on each other and simplify the process of teaching core financial concepts to kids.
The steps are systematically organized and focus on basic financial concepts of:
The T. Rowe Price Foundation is opening a new space, the Bmore CoLab, under an ambitious partnership with the CASH Campaign of Maryland (CASH) and other nonprofits, to provide a variety of community services focused on empowering entrepreneurship and financial well-being in Baltimore.
On July 2, 2019, Jamesbeck’s Melissa Norris spoke with Cheri Belski of T. Rowe Price and Meg Staczek of Capacity Group about changes that have resulted from a November 2018 panel discussion on women in leadership, hosted by Jamesbeck. The panel focused on women in investment management, and ways to help advance gender equality.
The commitments you make now have consequences that could last for decades. Being well-informed about student debt and repayment can make a world of difference.
Summer and fall are important seasons for families to research student loans. If your household includes a student preparing to apply to colleges, you’ll want to factor cost into the decision and be mindful of the potential amount of debt accrued.
If you have a recent college graduate, congratulations! If student loans were part of their funding plan, repayment of those loans will start soon, and the graduate should carefully evaluate the available options.