If you go

What: Third annual Money Rocks Youth Financial Literacy Summit

Where: R.B. Stall High School, 3625 Ashley Phosphate Road, North Charleston

When: Community fair and registration 10 a.m.-noon; sessions noon-6 p.m. Saturday

Cost: Free; includes lunch, dinner. Register at money rockscharleston.com

More info: Jenna Johnson at 735-7854 or jjohnson@fsisc.org

Money rocks — unless you don’t know how to manage it properly.

The Home Ownership Resource Center, a division of Family Services, and Junior Achievement of Coastal Carolina are hosting the third annual Money Rocks Youth Financial Literacy Summit 10 a.m.-6 p.m. Saturday at Stall High School.

Jenna Johnson, marketing and development director for Family Services, said they started the event because many of the people they serve said they wished they had learned how to manage money at a young age. By the time they seek help, they already have gotten into financial trouble.

“We needed to start young and really break the cycle of poverty in the community. Rather than fixing it, let’s prevent it,” Johnson said.

This year, Money Rocks will include a morning community fair that will have representatives from area colleges, banks, community resources, and employment and volunteer opportunities. After the community fair and registration, a free lunch will be served, and radio personality Baby J will speak about the importance of financial literacy.

The sessions are divided into ages 12-14, 15-17, 18-21 and even parents. Topics discussed include entrepreneurship, planning for the future, credit cards, college financial aid, career planning and more. A new session will include information on how to purchase a car.

Participants can select three sessions to attend, and the event will end with a free dinner.

Last year, about 250 people attended the event. Johnson said there are 400 students and parents registered for this year’s event. Participants also may register the day of, but Johnson encourages people to register online at moneyrocks charleston.com and come early, as this is a first-come, first-served event.

If you are unable to attend Money Rocks, Family Services hosts free budgeting classes the second Thursday of every month, among other classes. For information about Family Services or its classes, go to www.fsisc.org.

Reach Jade McDuffie at 937-5560 or jmcduffie@post andcourier.com.