|Educational charity Guy Fox, KIPP DC Lead Academy and Willis Towers Watson team up to introduce money management to young learners
ARLINGTON, VA, April 11, 2018 -- Guy Fox History Project Ltd. and Willis Towers Watson have announced the launch of a new financial education book produced for, and illustrated by, children. The book, How the World REALLY Works: Savings, Investments and Retirement, is a collaboration among educational charity Guy Fox History Project, leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW) and fourth-grade students at KIPP DC Lead Academy in Washington, D.C.
The book is an American adaptation of the seventh title in Guy Fox's How the World REALLY Works series, which aims to demystify, educate and inspire children on topics associated with the business world. Illustrated by fourth-grade students of KIPP DC Lead Academy, it was produced following a workshop program for the pupils (ages 10 and 11) run by the Guy Fox team and 15 volunteers from Willis Towers Watson. The interactive workshops were designed to teach pupils the importance of managing and saving money as well as the impact investments, savings and retirement plans can have on long-term financial health.
Kourtney Harper, creative director of Guy Fox History Project Ltd., said: "In our workshops, the children learned firsthand about the importance of compound interest, diversifying their investments and considering their retirement plans when they're still young. All the while, they were creating fantastic drawings that illustrate these concepts. They also drew the U.S. financial system -- the entire Federal Reserve, the U.S. Treasury and the U.S. Capitol building. The result is this little book that will empower other children -- and adults -- to understand how money works and how our financial system affects it."
"This is a very exciting and important initiative for Willis Towers Watson as we firmly believe it is never too early to start learning about day-to-day financial matters," said Dave Suchsland, senior retirement consultant at Willis Towers Watson. "The book provides a fun and practical foundation in financial education, which we hope will pay dividends for children and young adults as they get older and have to tackle increasingly complex personal finance decisions."
"From budgeting to credit cards and investments, so many aspects of life now rely on making sound financial judgments. We know from our relationships with parents, these choices can be mind-boggling for adults. The earlier in life children learn about managing money, the better equipped they will be to make positive decisions that can lead to lives of choice and opportunity," said Mekia Love, principal of KIPP DC Lead Academy.
This book was adapted from How the World REALLY Works: Savings, Investments and Pensions, which was produced by Guy Fox History Project, Snowsfields Primary School and Willis Towers Watson, and published in the U.K. in late 2016. A Canadian adaptation has recently been produced and will be launched in Toronto on April 12.
About Guy Fox History Project Ltd.
Guy Fox History Project Ltd. is an educational charity and nonprofit publishing entity in London, with a simple mission: To create innovative activities and publications that encourage children to explore the world around them. Since 2000, we've created innovative educational resources that have been distributed to more than 500,000 children in the U.K. and beyond.
In our How the World REALLY Works project, we have partnered with firms including UBS, Lloyd's of London, Olswang LLP, Blackstone Chambers, Willis Towers Watson, Taylor Wessing and Schroders to produce books on topics including insurance, the legal system, the economy, intellectual property, savings, investments and pensions, and asset management.
About KIPP DC Lead Academy
KIPP DC Lead Academy is an elementary public charter school that aspires to improve life outcomes for the next generation of Washingtonians. Founded in 2012, Lead Academy educates 405 first- through fourth-grade students and works with their students and families to create an exceptional educational environment where students grow to be future leaders who love learning, never give up and show responsibility for their actions.
About Willis Towers Watson
Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas -- the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.