In the bustling halls of Herriman High School, a group of finance-savvy students have ignited a movement that is reshaping the landscape of investment and financial literacy. The Girls Investing Club, a student-led initiative, is not only equipping young women with the knowledge and confidence to navigate the stock market but also inspiring a ripple effect that extends far beyond the school's walls.

Unlocking the Potential of Young Female Investors

Overcoming Challenges and Fostering Resilience

The genesis of Herriman High's Girls Investing Club can be traced back to a DECA (Distributive Education Clubs of America) conference, where senior students Kaylee Arsenault and Lizzie Anderson recognized a pressing need within their community. Disappointed by their performance in a business competition, the determined duo set their sights on a "fire" project that would not only bolster their chances of success but also address a critical issue – the lack of financial knowledge and confidence among young women.Through their research, Arsenault and Anderson, along with junior Baylee Zuniga, discovered a startling imbalance in women's participation in finance and investing. Fueled by this revelation and the support of their business teacher and DECA advisor, Randall Kammerman, the trio set out to establish the Girls Investing Club.Despite facing initial challenges, such as securing approval and garnering community interest, the student leaders demonstrated remarkable resilience. Their unwavering determination and collaborative spirit have been the driving forces behind the club's rapid growth, with over 100 members in its inaugural year.

Fostering a Supportive Community

The Girls Investing Club has become a safe haven for young women to explore the world of finance and investing. By creating a welcoming and inclusive environment, the club's founders have fostered a sense of community that empowers its members to take charge of their financial futures.During the club's meetings, students engage in hands-on activities, such as simulated stock trading on the MarketWatch Virtual Stock Exchange. This interactive approach not only piques their interest but also allows them to develop practical skills and a deeper understanding of the stock market.The club's guest speakers, such as Vincenza Vicari-Bentley from Utah State University's Empowering Financial Wellness Program, further enrich the learning experience. These industry experts share valuable insights on topics ranging from long-term investing strategies to the power of compound interest, equipping the students with the knowledge and tools they need to make informed financial decisions.

Expanding the Reach: From High School to the Community

The Girls Investing Club's impact extends far beyond the walls of Herriman High School. Recognizing the importance of sharing their knowledge and empowering women across the community, the student leaders have proactively reached out to local organizations, including women's shelters and the Salt Lake City YWCA.Through these outreach efforts, the club aims to bring its financial literacy workshops and investment education to a wider audience. By sharing their expertise and inspiring others, the Herriman High students are creating a ripple effect that has the potential to transform the financial landscape for women in their community and beyond.

Bridging the Gender Gap in Finance

The Girls Investing Club's mission is not only to educate and empower its members but also to address the broader gender imbalance in the finance and investment sectors. The club's founders have been driven by the realization that women, despite their natural aptitude for investing, are often underrepresented in these fields.Recent research from Fidelity Investments' 2024 Women & Investing Study reveals an encouraging trend – more women are taking control of their finances and investing in the stock market than ever before. The study shows an 18% increase in the number of women owning investments compared to the previous year, with significant gains among Gen X and Boomer women.The Girls Investing Club is poised to capitalize on this momentum, providing a platform for young women to develop the skills, confidence, and passion needed to thrive in the world of finance. By fostering a supportive community and offering hands-on learning opportunities, the club is paving the way for the next generation of female investors and financial leaders.

Inspiring the Next Generation of Financial Trailblazers

Herriman High sophomore Bryanna Nickerson's initial hesitation about money matters quickly gave way to enthusiasm and a newfound appreciation for the club's mission. As she explains, "I'm hoping that this club can help me realize that I'm going to need to deal with money in my life, and that there are ways to do that. So I'm really glad that I signed up for the club because it's a learning opportunity — and there are good snacks."Nickerson's sentiment echoes the sentiments of countless other young women who have found a home in the Girls Investing Club. By creating a welcoming and engaging environment, the club's founders have successfully captured the attention and imagination of their peers, inspiring them to take charge of their financial futures.As the club continues to grow and evolve, its impact is poised to reverberate far beyond the confines of Herriman High. The Herriman High students' unwavering commitment to empowering young women in finance serves as a testament to the transformative power of student-led initiatives. Their story is a shining example of how a spark of passion can ignite a movement that has the potential to reshape the financial landscape for generations to come.