Rock Concert Warns Students Not to Fall Prey to Bad Financing

GOODING on stage. Photo credit: Jane Love
GOODING on stage. Photo credit: Jane Love

GOODING, a Nashville-based indie rock band, is performing a series of financial literacy rock concerts for Montgomery County Public Schools through a partnership with nonprofit Funding the Future.

One of the concerts took place on September 21, 2016 at Lisner Auditorium at George Washington University. Ten Montgomery County Public High Schools sent more than 1,100 students to attend, including Magruder High School, Clarksburg High School, Blake High School, Spring Brook High School, Northwestern High School, Sherwood High School, Watkins Mill High School, Damascus High School, Einstein High School, and Gaithersburg High School.

The approximately 50 students from Magruder High School – who are currently enrolled in a course entitled “Personal Finance” – were able to attend. During the concert, lessons were discussed that complemented their work in this course.

Photo credit: Jane Love
Photo credit: Jane Love

According to a press release, Funding the Future’s performance combines “a concert, multimedia presentation, and talkback to discuss predatory lending, saving early and the danger of credit card debt, while exposing the myth of overnight success associated with rock stars, athletes and actors.”

“We feel it’s absolutely crucial that financial literacy is taught in our schools and discussed in our communities,” said Gooding, lead guitarist and singer for the band GOODING. “The music gets the students’ attention and creates some trust in the room, and then we discuss mistakes we’ve made, credit scores, saving slow and steady, and predatory loans. We have talked to thousands of people at shows and on the street, and we feel this issue is a common denominator to so many problems later in life.”

These local concerts are sponsored by The Meakem Group of Raymond James and are part of a 60 show national financial literacy rock concert tour that will make stops across the country over the course of 12 weeks.

“We’re proud to partner with Funding the Future to help educate the next generation of working professionals,” said Sacha Millstone, Funding the Future board member and senior vice president of investments at the Millstone Evans Group of Raymond James. “We’ve seen firsthand the positive impact that these concerts have on students and are excited to bring GOODING’s rock ‘n’ roll approach to financial literacy into local communities across the nation.”

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