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

By: Jose Mahan

The Federal Reserve Bank is taking advantage of the opportunities of face-to-face community interactions. The Oklahoma City Branch Public Affairs team was once again invited for the second year by the Tulsa Chamber of Commerce to speak with 36 of Tulsa’s NextGEN Talent students to explain the Federal Reserve and financial basics.

Tulsa’s NextGEN Talent is a three-week externship 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 goal of the program is to provide access for students because their communities are often denied access.

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“I think money matters,” Ramsey said. “The shared information from the Federal Reserve Bank will create opportunities for students by giving them financial information and insights before they move on their own.”

NextGEN Talent students also experienced a business etiquette session sponsored by the Oklahoma City branch. During this session, the students learned how to act during a company meal.

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

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

Nailah Markham, a Tulsa Public Schools student participating in the program, explained that she was unaware of much of the information taught prior to this lesson.

“I have a job right now, a lot of things I learned here today that I can use in my career now and in my future,” Markham said.

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Leslie Baker said the involvement of TNT students shows the importance of the branch’s community outreach.

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

Ramsey said he appreciates the partnership with the Fed’s public affairs team.

“This opportunity to speak directly with experts at the Federal Reserve is important for the future of students,” said Ramsey. “Interaction sparks curiosity in our students and gives them the meaningful perspective they need.”

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