About Inventor Guest, Karen Tenenbaum
Walter The Vault
Karen is the founder of Money Masters, Inc. and co-creator of Walter the Vault. Walter the Vault is an animated character who promotes financial literacy for children. He focuses on how to save reasonably, spend responsibly, invest wisely, give appropriately, and budget regularly. The ultimate goal is to teach children how to make responsible and informed decisions about money. You can visit our website at www.walterthevault.com for more information.
Karen is the co-founder and served as Chairman of the Board of Directors for Commerce Plaza, Inc., a non-profit company promoting financial literacy, that is now part of the YES Community Counseling Center. Commerce Plaza introduces children to the business community in order to prepare students for employment and a successful future. “The Children’s Business Center” teaches elementary students about the free enterprise system, careers, economics, citizenship, and the general skills needed in the world of work. Through a hands-on and simulated work environment, students receive paychecks, make bank deposits, write checks, operate businesses, prepare cost sheets, think critically and work as a team.
Karen regularly presents to multiple professional groups on both IRS and NYS tax issues, as well as on issues relating to financial literacy. Karen spoke on the Passage to Profit Show on iHeartRadio discussing how she teaches kids about financial literacy. She has been interviewed by Joe Connolly, WCBS 880 Radio, for their Small Business Spotlight, as well by Fox5 on “Speaking to Children About Money” that aired during Financial Literacy Month. Karen served as the inaugural Chair of the Financial Literacy Committee of the NYS Society of CPAs, Nassau Chapter. Karen has done multiple presentations and created a Family Financial Literacy Fair for the NYS Society of CPAs, Nassau Chapter, the Girl Scouts and the Boy Scouts. Walter the Vault has been showcased at the Long Island Children’s Museum Kidz Expo. Karen has been in news articles, on local cable television shows and radio programs, including Money Magazine, Long Island Business News, The New York Times, Newsday, The Trusted Professional, News12, Channel 12 Job Line, Bloomberg Radio, Telecare “Family Comes First”, Bonnie D. Graham’s “Something to Talk About,” and Govs Radio.
An attorney for over 35 years, Karen and her team represent taxpayers in IRS and NYS tax matters. Karen is a frequent speaker on IRS and NYS tax issues for numerous professional groups on topics such as New York State residency, IRS and NYS collections, and more. Her knowledge and leadership have established her as a leading tax attorney in the NY area.
She developed an interest in promoting financial literacy from her first-hand experience helping others with tax problems.