Students from KIPP TEAM Academy and KIPP BOLD Academy learned more about financial literacy at the 1st Financially LIT Mother's Day Market.

The gym inside the academy transformed into a lively shopping experience with more than 75 vendors from the community showing off products. 

The event was put on by teachers as a part of Financially L.I.T., also known as "Luxury is Teachable." It's a financial literacy initiative taught at KIPP BOLD Academy and KIPP TEAM Academy.

The goal of the market was to teach students about how to have a smart relationship with money.

“We have a lot of students that are interested in becoming entrepreneurs, so we wanted them to get a first-hand connection with the business owners that are here," said Winston Roberts, Financially L.I.T. founder.

"It's all about networking, interviewing,” said Stefon Bowman, co-founder of Financially LIT, who also pilots the program at KIPP TEAM Academy. “Having the conversation because here in our neighborhood, it doesn't happen a lot so we're just providing that environment."

This is the first year Financially L.I.T. is hosting the market in Essex County.