High School Students Lunch With Financial Elite

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Five students from Narbonne High School, winners of the California MoneyWiseTeen Contest, spend the day learning from executives at Payden & Rygel.

Five students from Narbonne High School (Los Angeles Unified) were honored at a luncheon hosted by Payden & Rygel, a large, independent, global investment management firm on May 24.

Teacher Greg Fisher led Joseph Ramon, Crystal Herrera, Aryana Russell, Kenu Sacul and Jose Magana to win the California State MoneyWiseTeen Contest sponsored by California Council on Economic Education (CCEE).

The contest called for teams of students to create videos that drove home key aspects of the MoneyWiseTeen program. The Narbonne High students’ video delved into the importance of developing human capital by staying in school and getting an education.

At the lunch, students were assigned a “mentor for the day,” shared their plans for the future and interacted with executives of the firm.

“The goal is not to persuade these students to pursue a career in finance,” said Dr. Jim Charkins, Executive Director of CCEE, “but to use the impressive setting and staff as a platform for encouraging them to develop their human capital and cultivate their skills to achieve any goal they set for themselves.”

MoneyWiseTeen is an international, award-winning, web-based program featuring ten, animated modules designed to illustrate economic principles through real-world situations relevant to teenagers. Lesson One (Scarcity and Alternatives) and Lesson Seven (Human Capital) were the focus of this year’s competition. These units were chosen for their ability to develop reasoning skills necessary for economic and financial self-reliance. All materials are available at no cost at http://www.ccee.org or http://www.moneywiseteen.org.

About the California Council on Economic Education
The California Council on Economic Education (CCEE) is a nonprofit organization dedicated to advancing the economic reasoning and financial literacy of California students. CCEE’s focus is preparing students to participate in the global economy by providing educational programs and materials to K–12 teachers. More information about CCEE’s professional development workshops, programs and student contests can be found at http://www.ccee.org.

About Payden & Rygel
Established in 1983, Payden & Rygel has offices in Los Angeles, Phoenix, Boston, London, Dublin, Frankfurt and Tokyo. They offer a full array of investment strategies and products, including equity, fixed-income and balanced portfolios as well as open-end mutual funds and offshore funds, to a varied client base around the world.

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John Foletta, Director of Teacher Relations
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