These three students raced to the top of the leaderboard by going above and beyond what was expected of them. For their reward, they won their choice of a laptop, iPad, and AirPod Max headphones!

SFEPD Student Ambassador Stock Market Challenge

SFEPD Student Ambassadors were given the opportunity to compete in our annual Stock Market Challenge. The program is designed to increase knowledge about the stock market, allowing students to research, purchase, and monitor stocks. To kick off the challenge, Ambassadors were given $10,000 in virtual cash to purchase 4-6 different stocks. During the competition, they reported weekly market gains and losses. The students who posted the most gains were the winners.

Student Ambassador Spring 2024 Graduates

A huge round of applause for our Spring 2024 SFEPD Student Ambassador Graduates! As you enter this new chapter, may your passion for financial literacy continue to shine brightly. We extend our warmest congratulations and best wishes for success in all your future endeavors. Your hard work and determination have brought you to this moment, and we can't wait to see the incredible achievements that lie ahead!

Student Ambassador Program Semester Recap

Spring 2024 was another success for the SFEPD Student Ambassador Program. SFEPD has ambassador programs at 40 HBCUs with more in the pipeline for the upcoming school year. Students worked on various projects to spread financial literacy not just to their peers at HBCUs through boothing and presentations (both in-person and virtually) but also expanded their reach into their local communities and to their friends and families.

Gender Wealth Gap Narrows but Remains Large

Among women and men who have never been married, what is the wealth gap? In 2022, never-married women had $19,200 in inflation-adjusted median household wealth, and men in that group had $28,100. These women thus had 68 cents for every dollar of wealth owned by the men. The figure below shows that the gap was at its widest in 2004. In 2022, the gender wealth gap was the smallest in the dataset, which started in 1989.

Click here to read the full article from the Federal Reserve Bank of St. Louis.

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