Financial Literacy.

Now, there is a term that one doesn’t hear about too often, especially in relation to professional football players.  Players that sign big contracts will often take part in some sort of charity work or civic service that warms the heart or helps somebody with an incredible need.

VISA and the NFL have teamed up, however, to unroll a program teaching kids about their personal finances and Ponder enlisted to unroll the program in Minnesota while Greenway has done the same in Iowa.  The intent is to warn students of the dangers that exist with debt and also how to properly invest and safeguard their money.

As someone who listens religiously to the wise words of Dave Ramsey, I am glad to see that financial literacy is being brought to the forefront of America’s mind, and am proud to see our Vikings players getting involved.

“Kids need to know how to make smart money management decisions early in life,” said Ponder. “It takes the combined efforts of parents, teachers and mentors within the community to give teenagers a strong background in personal finance.”

The financial education center around an NFL video game called Financial Football.  In the game, students have to answer questions in order to gain yardage and score touchdowns.  When the players go to the classrooms, they split into two teams and face off with each other using Financial Football as the tool.

Greenway gave students a warning not to repeat his mistakes when they go to college.  Greenway told a story of piling up credit card debt and, were it not for his football career, it could have just snowballed from there.

“I eventually paid it off and I pay it off every month now,” Greenway told the students. “It’s important to learn how to manage money, and in the future, hopefully, to watch your budget grow.”

Kudos to Ponder and Greenway for representing the team very well and taking time to make a difference for these kids in the mid-west.

If you have interest in giving the Financial Football video game a try (I did, its… okay) you can do so by clicking here.  At the very least, your kids might be interested in giving it a shot.