x-sender: governor.haley@sc.lmhostediq.com x-receiver: governor.haley@sc.lmhostediq.com Received: from mail pickup service by sc.lmhostediq.com with Microsoft SMTPSVC; Thu, 17 Nov 2016 13:38:10 -0500 thread-index: AdJBAb7nHw/eNCt2T2Cqu0DPVLyP0g== Thread-Topic: Response via eform 100002 - Help with a State Agency From: To: Subject: Response via eform 100002 - Help with a State Agency Date: Thu, 17 Nov 2016 13:38:10 -0500 Message-ID: <13B2589BDC1A4551ACFBEDDD5B48328E@IQ12> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Mailer: Microsoft CDO for Windows 2000 Content-Class: urn:content-classes:message Importance: normal Priority: normal X-MimeOLE: Produced By Microsoft MimeOLE V6.1.7601.23548 X-OriginalArrivalTime: 17 Nov 2016 18:38:10.0124 (UTC) FILETIME=[BEEE80C0:01D24101] WORKFLOW 344 Dr Tom E Martin III President Myrtle Beach Masters, Inc 373 Deerfield Links Drive Myrtle Beach SC 29575 tom@myrtlebeachmasters.com 843-750-0036 843-251-8721 Dear Honorable Nikki R. Haley: My name is Tom Martin III. I am the President for the new Myrtle Beach Masters Indoor Pro Football Team in Myrtle Beach, SC. The Myrtle Beach Master's Inc's Mission is to serve our community by working to lessen the burden on our government in ensuring that the youth in our community that are poverty stricken have the tools they need to gain a better perspective of becoming properly educated, financially stable adults. We strive to teach them the core values needed to become more productive and independent adults over time. If this is the level of financial know-how among adults in our community and across America, how can we possibly model good money behavior to our kids? Part of the reason my Head Coach and I partnered with the NFL Play 60 Youth league in Myrtle Beach is because sending our kids to school to learn the financial facts-of-life is not the answer. The number of states with required financial literacy programs in high school is only 17, according to the Jump Start Coalition's 2016 biennial survey of state standards, and only seven states test students' financial proficiency. Until such standards and measurement become nationwide, teaching kids how to stand tall financially is largely up to parents and now select coaches in community. Lesson One: Money is not just for spending. Kids first see money as having one function only: as the means to get stuff, now. Give a young child $5, and he'll want to spend it all, often looking for things that cost $5. To get kids to consider other uses of money - such as saving and giving - get them to divide their funds into three jars for spending, saving, and giving, and talk about ideas for each. To make the rewards of saving more concrete, consider adding a small match to the funds saved. Lesson Two: Your credit limit is not money in the bank. Don't wait till your child gets her first credit card to teach her the prudent use of credit. Young kids may conclude that plastic is the same as cash by watching how their parents use their cards. Try to get the message across that cards are for convenience only and aren't a source of additional money. Emphasize that when you pay with a card, you must have money available elsewhere to pay for the purchase. Use the three money jars to illustrate how funds must be taken out to cover the card transaction. Lesson Three: Money may not grow on trees, but it can grow when it is invested. As your child gets older, you might introduce the idea that the money in the savings jar can be used to make more money by putting it into an interest-bearing account or into a business. Explain that giving it to a bank is safer - your child can get his money back in full with some extra money called interest - whereas giving it to good businesses may pay much more over time but getting all your money back is not guaranteed. Talk about businesses the child knows about: Apple, Sony, or Disney and how it's possible to own a "piece" of these businesses either by buying the company's share or by finding a mutual fund that holds these kind of stocks. Lesson Four: There are at least two sides to every financial decision. Children tend to think about financial decisions unilaterally: e.g., choosing an item of lower cost without regard to quality, or thinking that an investment with a high rate of return is better than one returning less. Help your child think through financial decisions by discussing the costs and benefits of their choices. Share with them how you made important financial decisions in your life. This can be very effective training to help them resist the lure of imprudent or hasty financial choices later in life, such as resorting to pay-day loans or get-rich-quick schemes. Lesson Five: Money management can be fun. Turn a family event into a money management project that your kids can participate in. Planning a vacation? Give your middle- or high-schoolers responsibility for planning and budgeting for one aspect of the vacation - such as family lunches, or an evening's entertainment - and as a family discuss these choices and the financial implications of each. Advanced learning asset allocation meetings with young adults. image1.JPG Please check out our "who are we" section on our team website at www.myrtlebeachmasters.com where you will learn more about the financial management plan and Olympic-style Health Plan for our youth and young adults connected into Myrtle Beach Masters in Myrtle Beach, SC... Our Myrtle Beach Masters team health plan and financial management plan should qualify for govt grant support and receive support from state of SC ? I'm giving back but I need your help to improve the future for our youth and set world records! Thank you for your time in the above matter. I look forward to your reply. Go Masters, Thomas E. Martin III, PhD President / Coach / IWF/USAW World National Masters Athlete 172.74.239.139