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10/06

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Multi Million Dollar CEOs Teach Financial Literacy to Girls

Women Presidents’ Organization Announces On The Way to Pay Day for Girl Scouts of the USA Hosted by Sam’s Club

(New York, NY) – The Women Presidents’ Organization knows the importance of financial security and is coordinating its second annual Financial Literacy Event for young women. The financial literacy program entitled On The Way To Pay Day gives highly successful women CEO’s 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 multimillion 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.”

“This wonderful event allows young women to learn first-hand from successful women business owners and entrepreneurs,” said Sharon Lechter. Sharon, a member of the President’s Advisory Council on Financial Literacy and a national board member of WPO, helped create and organize this 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 thrive in it!”

The Women Presidents’ Organization (WPO) in collaboration with Sam’s Club and the Girl Scouts of the USA, will encourage financial literacy by hosting On The Way To Pay Day on October 7 at Sam’s Club locations in ten cities across the country. The event will educate young girls about financial literacy by playing the game Pay Day which has been named one of best board games for learning money management skills by Money Magazine.

“This is a great event and we are pleased we can play a role,” said Catherine Corley, vice president, Business Insights and Marketing for Sam’s Club. “At Sam’s Club, we help small business 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.”

The Financial Literacy Program will be held at the following Sam’s Club Locations:
Latham, NY, Canton, MI, Cheektowaga, NY, Columbus, OH, Dallas, TX, Secaucus, NJ, Las Vegas, NV, Cinnaminson, NJ, Renton, WA, Tampa, FL

About the WPO:
The WPO is the premier peer advisory organization connecting top women entrepreneurs who own multi-million dollar companies. In monthly meetings across the US, Canada, Peru and the UK chapters composed of 20 accomplished women presidents, from diverse industries and backgrounds, invest their time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential and collaborative setting. For more information, call 212-688-4114 or visit http://www.womenpresidentsorg.com.

About Sam’s Club
Sam’s Club is a division of Wal-Mart Stores, Inc. (NYSE:WMT). The first Sam’s Club opened its doors in Midwest City, Oklahoma in 1983. Today, Sam’s Club serves more than 47 million U.S. members with locations nationwide, and in Brazil, Canada, China, Mexico and Puerto Rico. Sam’s Club offers exceptional values on merchandise and services for business owners and consumers. Online merchandise and club information is available at samsclub.com.

About Girl Scouts
Founded in 1912, Girl Scouts of the USA is the preeminent leadership development organization for girls with 3.6 million girl and adult members worldwide. Girl Scouting is the leading authority on girls' healthy development, and builds girls of courage, confidence and character, who make the world a better place. The organization serves girls from every corner of the United States and its territories. Girls Scouts of the USA also serves American girls and their classmates attending American or international schools overseas in 90 countries. For more information on how to join, volunteer, reconnect or donate to Girl Scouts, call
(800) GSUSA 4 U (800-478-7248) or visit www.girlscouts.org.

About Sharon Lechter
A life-long education advocate, Sharon Lechter is a member of the President’s Advisory Council on Financial Literacy and creator of YouthPreneur, an innovative new way to spark the entrepreneurial spirit in our children. Sharon serves on the Business Advisory Council for the Attorney General for the State of Arizona, the national board of Women’s Presidents Organization and the national board of Childhelp. More information is available at www.slechter.com.