My Future Fund Family Newsletter

• Can you tell us about the first time you logged into your child’s account?
• How have you shared about the program with your child(ren)?
• How do you think My Future Fund dollars will support your child’s educational goals?
• What do your students think about having a My Future Fund account and dollars set aside for their futures?

The My Future Fund team will be at a variety of events throughout the spring. We enjoy meeting My Future Fund families, so we hope to see you at one of these activities.

Some of the events on our calendar include:

• April 11th, 6-8:30pm: AAPS Mitchell International Festival
• April 19th, 10am-12pm: Easter Egg Extravaganza, Perry Elementary - 550 Perry Ave, Ypsilanti (open to the public)

• May 3rd, 7am: Girls on the Run Race, EMU

You can also check out the calendar on our website for additional events throughout the spring and summer.

My Future Fund (MFF) is excited to partner with AFC Ann Arbor this spring and summer! AFC Ann Arbor is Ann Arbor’s elite amateur soccer club. Through this partnership, we are working to increase MFF engagement in priority schools and build awareness of the program in the community. Starting May 1st, My Future Fund families can receive 10% off 2 individual match tickets by using the code MFF. Plus, children under 13 are always free!

April is Financial Literacy Month, which is a perfect time to focus on building a strong financial foundation for you and your children.

You can use My Future Fund as a conversation starter this month by:

Reviewing the Account Together

• Login to the portal to review the account balance (the amount of money invested on behalf of your child).

• Discuss how the starting deposit and any potential bonuses have contributed to the current balance.

• Explain that money is set aside for future education or career training. This connects savings to long-term goals.

Explaining Investment Growth

• My Future Fund dollars are invested to help the money grow over time.

• An investment is like owning a small part of a company. That company uses the money you invested to make more things or do better. And when the company does better, that money grows. Sometimes the money goes down when the company doesn’t do as well.

• You can look at your My Future Fund account to see how the dollars change from the original amount.

Financial Youth Foundation Mini-Lessons

The Financial Youth Foundation, a local youth run non-profit, has developed three mini-lessons to help young students learn about financial topics. They have shared these lessons with My Future Fund families so you can help build financial literacy skills at home. Click on the links below to see the lesson slides.

Budgeting/Saving

Taxes

Inflation

Junior Achievement Grab & Go Activities

Junior Achievement of Southeast Michigan has also shared some resources for families with older students to learn about finances. These activities include a podcast, games and worksheets for planning and thinking about their finances now and in the future.

Our partners at the Financial Empowerment Center (FEC) offer professional, one-on-one financial counseling as a free public service to enable Washtenaw County residents to address their financial challenges, needs, and plan for their futures.

Residents receive free, one-on-one professional counseling assistance with money management, budgeting, reducing debt, establishing and improving credit, connecting to safe and affordable banking services, building savings, and referrals to other services and organizations.

FEC Counselors can help you:

• Take control of your debt

• Deal with debt collectors

• Improve your credit

• Build your savings

• Create a budget and create a plan to stick to it

• Find safe and affordable financial products

• Other services based on your needs