Sam's Club to host financial literacy event for young women

NEW YORK Sam's Club, in collaboration with The Women's Presidents' Organization (WPO) and the Girl Scouts of the USA, will host On The Way to Pay Day on Oct. 7 at Sam's Club locations in 10 cities across the country. The event is meant to educate young girls about financial literacy and is The WPO's second annual Financial Literacy Event for young women.

"This is a great event and we are pleased we can play a role," said Sam's Club vp of business insights and marketing Catherine Corley. "At Sam's Club, we help small businesses grow by lowering their costs and providing goods and services that will help them succeed. More and more women are choosing to become entrepreneurs so they can run their own businesses, but regardless of the career path these young girls will choose, we need to ensure all of our daughters are prepared to achieve their dreams."

"This wonderful event allows young women to learn first-hand from successful women business owners and entrepreneurs," said Sharon Lechter, a national board member of the WPO and one of the creators and organizers of the event. "WPO and Sam's Club are providing these young women with vital financial skills that will not only prepare them to survive in the world they face, but to thrive in it."

The On The Way to Pay Day program gives highly-successful women ceos who oversee multi-million dollar businesses the opportunity to teach future women leaders the importance of financial education and how it can impact their personal and professional lives. The participating WPO members are women entrepreneurs who have grown their businesses to the multi-million dollar level and have a vested interest in the growth and success of women in business.

"The single most important factor for women in contributing to a stable existence is to be financially secure. It is equally as important to a young woman as it is to a young man," said Marsha Firestone, Ph.D., president and founder of the WPO. "Understanding of money and finance empowers women in all aspects of life. Too many of our girls grow up without knowledge in this area."

The Financial Literacy Program will be held at Sam's Clubs in Latham and Cheektowaga, N.Y.; Canton, Mich.; Columbus, Ohio; Dallas, Texas; Secaucus and Cinnaminson, N.J.; Renton, Wash.; Tampa, Fla.; and Las Vegas.