How to Celebrate Financial Literacy this Spring

Eagle Wealth Management |

We just finished up Financial Literacy Month, a nationally recognized movement to promote and support financial understanding in children and teens.  For many, it's a fantastic opportunity to teach and connect with their children or grandchildren, and these kids are ready to learn!  Recent data shows that nearly 74% of teens desire to be financially literate, and 86% want to learn how to invest.1

Teens tune in

Every parent has questioned if their child is actually paying attention.  But rest assured, our children and grandchildren are listening: 75% of teens in America identify their family as their most trusted source of financial education.  In other words, our youngest savers and investors are looking to us for their financial education.2

How to start

It all begins with a frank conversation regarding finances.  By demonstrating your openness to discussing what many consider a "taboo" topic, you're also modeling how to approach finances for your young learner.  In time, they'll learn to view financial issues and goals clearly with as little unnecessary stress as possible.  Check out our guide on Teaching Your Teenager about Financial Responsibility.

A bright future

Financial literacy is shown to have a lasting, positive impact on our future investors.  Children who are taught personal finance from a young age are more likely to secure lower-cost loans and grants when paying for college and less likely to rely on private loans or high-interest credit cards.3

If you decide to put your "teacher" hat on, let us know if we can help!  One of the benefits of being in the Eagle Wealth community is that your child or grandchild falls under our umbrella.  Your child or grandchild is able to speak with us and get answers to their big money questions.  We're always happy to help educate and support our future generations.


Your Eagle Wealth Team

Eagle Wealth Sponsors NeighborImpact Foodie Crawl

We’re so grateful to have been a sponsor of NeighborImpact’s 9th annual Foodie Crawl.  A few weekends ago, Eagle Wealth team members Suzanne, Brody, and their guests, represented Eagle Wealth in the progressive dinner.  They visited locally owned restaurants for food and beverage pairings all while supporting a worthy cause.

Proceeds from the Foodie Crawl benefited NeighborImpact’s new food program warehouse which collects and distributes more than 4 million pounds of food annually to Central Oregonians struggling with food insecurity. 


The Week on Wall Street

In a volatile trading week, stocks extended their losses as economic growth and inflation concerns soured investor sentiment.

The Dow Jones Industrial Average dropped 2.14%, while the Standard & Poor’s 500 lost 2.41%. The Nasdaq Composite index fell 2.80% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slumped 3.21%.1,2,3

 A Turbulent Week

Inflation moved to center stage last week with the release of April’s Consumer Price Index (CPI) and the Producer Price Index. Both numbers came near their 40-year highs but were lower than March’s year-over-year numbers. The results heightened investor anxiety about future Fed monetary tightening and its impact on economic growth.

In recent weeks, technology stocks have borne the brunt of the downdraft as investors lightened up on risk exposures, with some of the mega-cap tech names getting swept up in the selling pressure. Cooling import price increases buoyed spirits on Friday, helping spark a rally that reduced the week’s losses.

Inflation Stays Hot

Investors were greeted with a mixed CPI report, looking for signs that inflation may be cooling. Year-over-year costs rose 8.3%, slower than the previous month but faster than consensus estimates. Excluding food and energy, core inflation climbed 6.2%. Buried beneath the headline number was a 5.1% yearly increase in shelter costs, the most significant increase since 1991. Shelter costs account for one-third of the CPI.4

Inflation has been a weight on markets all year. Investors are concerned that the persistence of higher prices may tip the economy into recession as increased spending on essential needs crimps consumers’ spending power.




Tuesday: Retail Sales. Industrial Production.
Wednesday: Housing Starts. 
Thursday: Existing Home Sales. Jobless Claims. Index of Leading Economic Indicators.

Source: Econoday, May 13, 2022
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to be providing accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts also are subject to revision.



Tuesday: Walmart, Inc. (WMT), The Home Depot, Inc. (HD).
Wednesday: Cisco Systems, Inc. (CSCO), Target Corporation (TGT), Lowe’s Companies, Inc. (LOW), The TJX Companies, Inc. (TJX), Analog Devices, Inc. (ADI).
Thursday: Applied Materials, Inc. (AMAT), Palo Alto Networks, Inc. (PANW), Ross Stores, Inc. (ROST).
Friday: Deere & Company (DE).
Source: Zacks, May 13, 2022
Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule when they report earnings without notice.