o The parent requires the son or daughter to go to the credit union Web site and pass the appropriate FoolProof session before the parent will help.

o The parent signs the teenager up on the credit union Web site. The young person sends the parent an access code for use.

o The student is tested online, and the test results are sent to the parent.

o If the youth does well on the test, the parent will help them get the item they want.

o The credit union is notified when a parent registers a young person. FoolProof for Parents is about to be introduced at Digital Federal Credit Union in Massachusetts.

Two new modules have also been developed for the FoolProof teenage program, which now includes "When It Hits the Fan", "Breathing Without Air" and "Kick Some Bucks." As the titles suggest, the program is intended to reach its target audience by using their language and involving them in the interactive, computer-focused world where they live. Music and video are included, of course.

Breathing Without Air deals with issues such as debt versus income. Teenagers discover paying the minimum on a $1,000 credit card balance can mean it will take 48 years to pay off that amount. The young borrower will likely be retired by then. As young people learn to phrase it, "Minimum payments, maximum stupid."

deHoo and Remar Sutton told Credit Union Times plans are in the works for a financial literacy program aimed at young military personnel. That program will be developed over the next couple years. Will military credit unions be involved with that? Could be, Remar said. –[email protected]