California Phi Beta Lambda is an organization that focuses on business education. As part of that, we want all of our members to be knowledgeable on one of the most present subjects in this day and age: financial literacy.
Here are activities that our members can participate in on the individual and chapter level as well as resources to use that you can share with your members.
FLAP is a comprehensive leadership and membership recognition program for college students who take it upon themselves to be financially literate and spread their knowledge to their peers. It utilizes PBL projects, goals, and programs to help college students develop their leadership, financial knowledge and job skills, with a special emphasis on financial literacy development and preparation for their futures. Members work independently through three integrated levels:
Members may complete more than one level per year and will submit appropriate documentation for each activity. Once a member completes a level, they do not need to re-do that level the next year to qualify again, however points earned do not carry on to the next year. Note that the prerequisite for each level is the level(s) before it. Each level builds upon previous work, and students receive recognition when they complete each level. Students must be PBL division members.
Although members can complete all activities and levels on their own, Chapters will benefit as well. Points will be awarded for each member’s level completion (Bronze – 5, Silver – 10, Gold – 15). As Chapters are different sizes, to make it fair, the winning Chapter each year will be selected based on the percentage of members who complete each level.
The winning Chapter will be awarded bragging rights and 1 free conference registration to be used for any upcoming State Conference.
Make sure to start now and spread the word to your fellow members!
Today’s financial world is increasingly complex, particularly for young adults who are facing the challenges and responsibilities on their own for the first time. Given the consequences of making poor choices and the amount of noise that can exist around this topic, we believe it is important to equip our members and communities with information, training, and tools to be more confident and effective in making good financial decisions.
The Chapter Challenge is designed for local PBL chapters to establish themselves as resources for their members, fellow students, prospective students, and their broader campuses and communities.
The following are resources that you can use to help your chapter in their activities or just for your personal knowledge.