hi, everyone. welcome to "on the money." i'm sharon epperson in for becky quick. girl power. from building a robot to learning to code. how one program is bridging the digital divide. if your closets are stuffed but your wallet's too thin, a secondhand pocket. the pta fund-raiser that turned into a full-time business. one mom's barn to table success story. smarter. why you won't need that atm card soon. if you're sick of the cold and gray skies we've got some sunny destinations and budget travel bargains. "on the money" starts right now. >> this is "on the money." your money, your life, your future.

are overwhelmingly held by white males. but there's an effort under way to break that glass ceiling. black girls code is a young project reaching young african-american girls and showing them coding and computers can be fun. together they're working on cracking the code and it's our "cover story" this week. >> i have no interest in doing this. i thought it was boring at first. when i actually started doing it -- >> reporter: 11-year-old madison harvey is one of 300 girls learning how to build a robot at this weekend workshop. it's put on by black girls code, a nonprofit aiming to bridge the girls of color. >> she's excited about science and math and engineering. and what other opportunity for her to be around other girls that look just like her -- >> couldn't this one goo here? >> many of these girls don't have role models in engineering or computer science. black women make up less than 3% of the workforce at the biggest

kimberly bryant, electrical engineer who worked in biotech over 20 years, understand their dilemma. >> i was one of maybe two or three students of color in my electrical engineering class when i went to college. >> reporter: bryant founded black girls code with hopes of literally changing the face of technology. >> when we generally think of a computer scientist now, it does not look like a woman of color. it's very much white, male dominant. and that's important for us to show that black girls can code. >> most black girls aren't into computers and stuff. but it's really cool and fun. >> reporter: black girls code held its first event four years ago in san francisco with eight girls. today the none profit has chapters in eight u.s. cities and johannesburg, south africa, with plans to expand to dallas and miami this year. it's funded through corporate sponsors and partnerships, donations and a $35 fee to attend workshops which can be waived in some cases.

code has offered workshops to about 5,000 girls ages 7 to 17. they're learning everything from computer programming to coding to building mobile applications and even robotics. many of these girls bont just come to one black girls code workshop. madison is here for the second time. >> interacting with people, it's like i enjoy this. >> reporter: the organization, though still young, is already achieving its intended impact. >> we're seeing girls that have come into our program really sound, they have a love of technology and use that to go into computer science as a major in college. >> reporter: madison may just follow that same path. >> it's like a door opened for me so it's a possibility that i might want to do this. >> ava is president and ceo

and on olivia is just 14 but active in black girls code for three years. feng for joining us. i had a great time in berkeley talking to these girls and learning about black girls code. what progress has been made and what obstacles are there still to overcome? >> those obstacles are typically an unwelcome environment or even hostile environment because if you remember that these corporate cultures were built by men, for men. and so a lot of the times there's unconscious bias at work which prevents women from really feeling as if their contributions are valued and that they that's right so they wind up leaving. >> eve seen a drop-off in terms of women majoring in computer science. why have we seen this dropoff? >> the image of computer scientist is not something that girls aspire to be. if you put up pictures of what does a computer scientist or engineer look like? it doesn't look like me or olivia. >> olivia, you see yourself as

computer science. what got you interested in this in the first place? >> i started learning how to code when i was around 11. my brother brought home this book on html and wouldn't let me see it because i was young, he was worried my 11-year-old fingers would get it messed up. he told me this pretty much change the my life, he told me to google it. and i was like, oh, okay. you're going to be rude to me, wow, okay. first i learned html and css and i was able to make my own web pages but i wanted to do a little bit more. i ended up moving a pages and going into making video games. for young girls who are interested in computer science, it was very easy to sort of lose that spark unless you care for it, right? a lot of times -- >> you have to care for it within yourself or there's no one that you're seeing -- is there a role model that's telling you to do this? no, it's coming from you. >> when you have teachers that

aren't encouraging you to do this, then it's really important that you remember why you like computer science and you remember that even though there's no one around you saying that you can do it, you can do it. >> right now in the corporate culture a lot of the people that are coming into these technology jobs, they may be foreign workers, they may be international candidates that are coming in. how much is being home grown of our own talent? >> not enough. i understand the importing of talent because american companies are creating so many new tech jobs that it's difficult to fill them because the pipeline is basically empty. >> owe life yeah, 10, 15 years from now when you've graduated from college with your computer science degree, where are you going to be? >> at my company. >> we need her at our company, we need technology in all companies. >> it's going to be a war. >> where do you see yourself? >> i'm definitely passionate about learning about computer science and mathematics.

a ph.d. in mathematics. but i would definitely be continuing to work on my own technology projects on the side. i would definitely probably continue that as well. >> you are both an inspiration. olivia, avis, thank you so much for joining us. >> thank you. >> now here's a look at what's making news as we head into a new week "on the money." she may not look it but janet yellen and other members of the federal reserve were worried about global and market volatility. minutes from the fed's last meeting in january were released this weekend. they show yellen and others were concerned that the turbulence could impact the u.s. economy. that could mean the chances for another rate hike soon have decreased. the markets seemed to like that. the holiday-shortened week saw stocks with their first three-day winning streak of the year and the best three-day gain since late august. stocks were mixed on friday. if you've flown anywhere

u.s. airlines are doing a better job of arriving on time than they did last year. about 78% of domestic flights kept to schedule, according to the department of transportation. up from 75% last year. up next, "on the money" looking to make extra cash? look no further than your closet. the big business behind giving secondhand a fresh start. and later, innovation at the atm. how banks may soon be looking deep into your eyes, but it's not true love. as we go to break, a look at how the stock market ended the week. we were born 100 years ago into a new american century. born with a hunger to fly and a passion to build something better. and what an amazing time it's been, decade after decade of

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with spring just around the corner that means it's time to clean out your closet.

but selling secondhand can be a time-consuming task. one company trying to make the entire process more convenient is thread up. joining us to tell us how it works is a ceo, james rinehart, thanks for joining us. >> thanks for having me. >> walk me through this process are we got clothes, how does it work? >> super simple. we send you this bag, it's free. >> this bag here. >> that bag. go through your closet, put all the things you're no longer wearing or doesn't fit, leave it on your doorstep. we have partnership with the postal service and fed ex, leave it on the doorstep, we pay you for the things in the bag. >> how do you decide how much my shoes, dress are worth? >> we take almost 25,000 brands. we've built a catalog of what these things are worth in the retail market. we look at quality, brand, resale value, we pay what you what we think is the fair market price. send us the chanel dress and the sweatshirt from the gap. put it all in the same bag and

payor foul of a of those things. that's a differentiator for us. >> people might say, i've been doing this on ebay for 20 years. you have other competitors that are in the space focusing on the luxury end. what makes you stand out? >> i think the people who sell their own things, it's a different type of person. a person who wants to maximize the last penny and is willing to do a lot more work. for thread up, really it's about convenience. it's about taking all of those brands. it's not just lux i ury. we take the h and m. that's the differentiator. >> what made you start this business? you were a teacher, helped charter schools, then got into resale. how did that happen? >> i kid you not, i was getting dressed one morning, opened the closet to clothes i never wear. >> lot of people do. >> i took to it a consignment store. they said, we don't take this. detant take my brands, they didn't take men's. i went to school that day and i asked every woman i could find

your closets do you wear? nobody said over 50%. i had this lightbulb going on, there's got to be a better way. >> you effect does on moms and i have women's clothes. clothe sflts. business. we love serving moms for themselves and kids. handbags, shoes. the irony is not lost on me that we don't do men's, but it's because men's is a small market in resale. women's and kids is the sweet spot. >> all right. thank you so much for joining us. >> thank you for having me. >> thread up, thanks. up next, "on the money." from fund-raiser to full-time business. how one mom's school project turned into a booming farm to table company. and getting sick of winter? then get away. we search the globe for some of the best vacation deals that

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but one mom in chicago is now connecting farms and kitchens. and it's grown beyond her wildest dreams. kate rogers joins us with more. >> a single mom with a passion for healthy food. she literally started her company, farm logic, at her kitchen table, take a look. like many moms wyndham found herself working on a pta fund-raiser fund-raise packing boxes of produce for friends and neighbors from local farms in wisconsin. her project took off with a nearby high school asking to place that local produce in their cafeteria. and from there farm logics was born. a tech platform connecting farmers to large institutional kitchens born out of the farm to table movement. >> we all go to restaurants and see the local farms on the menu. that is a wonderful concept that really engages us and allows us to understand where our food comes from. when a chef puts a local farm on

>> reporter: the chicago-based company has done $8.5 million in sales with more than 200 farms across the country. pea pod, the online grocery service, and food service giant arrowmark, which has placed her in more than 1,000 schools nationwide, including the chicago public school district. >> it's helpful for us because consumers are more and more looking for transparency in the food that they buy and the food that they eat. and so they want a safe way to understand where and a trustful way to understand where they're getting their food and where it's being supplied from. >> reporter: linda estimates they've fed more than 500,000 kids so far in schools and universities across the country. >> we help farmers and we help them change their lives and be sustainable and viable. but on the other end, their food is going into low-income communities. it's feeding kids. we're bringing farmers into classrooms. >> another cool thing about this

many working moms just like linda. >> great idea. you have a great idea and you start a business for it. how do they actually make money? >> they won't disclose their fees but it's free for the farmers. farm logics rolls nor costs into the contract they have with big companies like pea pod and arrowmark. what's interesting, the farmers get a lot out of this because they get a free platform on the farm logics website, they get brought into these schools so they can educate kids about where their food's coming from and why it's important to start eating healthy at a young age. here are stories coming up that may impact your money this week. earnings from home depot as well as macy's, lowe's, target, hp, weight watchers. tuesday a read on home values with at s&p case shiller home price index for december. we'll get a report on this month's consumer confidence. thursday brings the durable goods number for january and the latest gop debate takes place in houston host the by cnn and actual la mundo.

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for more on our show and our guests go to our website, otm.cnbc.com. follow us on twitter

if you're tired of the cold and looking to get away you're in the right place. jamie friedman is the group publisher for travel zoo and has come up with a few great options for us. where are some of the places that we should be looking right now for the best deals? >> the first place i'm going to send you is wine country in sonoma. >> that's good. >> two deals we're going to get you there. the first is we've partnered with virgin america and we have an exclusive 10% to 20% off discount code into san francisco airport. so that means flights from new york, for example, we're seeing about $250 round trip. >> wow. >> coast to coast. which is incredible. >> yes. >> pair that with the fairmont sonoma offering deals into may for about 40% off right now. >> where else can we go? abroad? >> costa rica. fares are actually surprisingly low, about $300 round trip across the east coast. pair that with the jw marriott on the west coast of the country

but it's totally doable, i've done it. a little bumpy. there's massive savings there, about 40% off. >> sounds lovely. what about hawaii? can you get to hawaii on the cheap? >> what's exciting about maui is virgin america just launched a route from san francisco to maui which means more competition, which means prices are going to start coming down from the west coast. we're seeing about $495 round trip from san francisco directly into maui right now. pair that with the grand weileia, beautiful property on the beach. they're offering not only $250 off regular rates, but stay five or more nights and you get a $500 credit on-site. >> if you want to go somewhere exotic can you do that on the cheap? >> cheap is relative but you can get great value. tahiti is where i would recommend. you think of beautiful overwater bungalows. those are normally dream. a sale where you're spending your six-night vacation in overwater bungalows, includes

flight to this remote island, and instead of paying $6,000 which is what bite normally cost, it's about $4,800 for two people to take this trip. >> not so bad. if you can splurge it might be worth it. >> yes. >> general money-saving tips looking to travel this time of year? what type of things do you think about? >> when you're booking flights you should always travel tuesday, wednesday, saturdays tend to be the least expensive dates to fly. >> because everybody wants a long weekend. >> exactly. i love coming back on saturday from vacation. something else to think about is maybe a city escape. it's not escaping the cold but cities like new york right now have the least expensive time of year to do it. so take the five-star vice roy, normally over $400, they're running rates for $199 right >> great tip. thank you for joining us. now i want to go somewhere. >> thanks. if you're planning a trip somewhere, you're going to need cash. how do you get that cash will be changing.

kayla has more on a bright idea coming soon. >> reporter: smartphones, smart homes, smart watches. now your atm is getting smarter too. >> we view this as much broader than a cash dispenser. >> reporter: jpmorgan chase is overhauling its 18,000 atms and soon you won't need a card to use them. it won't matter if you left your wallet at home, just log into the chase app, find the seven-digit code, type it into any chase atm in your vicinity. it's one of hundreds of features brainstormed at the bank's innovation center in columbus, ohio. idea ises like a fingerprint scanner got left on the cutting room floor but others are being put into practice, like the ability to withdraw three times more money in more denominations. customers can take out to $3,000 in one-dollar bills if they want. by the end of next year they'll be able to pay mortgage and credit card bills at one of these machines too.

they want to be able to bank where they want, when they want, how they want. this machine is allowing us the flexibility to do so. >> reporter: it's not just chase customers. bank of america's making its machines mobile friendly and citigroup's atms may scan scan your iris for identification. the upgrades over the years have made the machines more popular among customers than visiting a teller and cheaper for the bank too. every teller transaction costs the bank 65 cents. that figure drops to 8 cents at an atm, 3 cents on your mobile device. of course there's also a competitive aspect too. banks don't want to look behind the times and customers want those bells and whistles. the banks have to of course invest to make these changes to their atms. they say it's worth every penny. >> i love doing everything on my phone with my bank as much as i can. but i always do wonder in the back of my mind, how secure is it? >> the banks will say it's more secure. oftentimes if you do lose your atm card you're frequently also losing your license.

related to their address or birthday so it's fairly easy for someone to figure out that code and actually access your account. they don't like to say that. but it is a little bit more risky than if you were to use your phone. because you have to log into the chase app and then it sends you a unique code to enter into the atm. you need dual authentication for that. that's not something that you are required to have with a card. for the biometrics stuff, no one can impersonate your iris, your fingerprint. so that is something that is very unique just to you. >> i think a lot of people are going to be using it. it's great technology. it makes life simpler. that's the name of the game, what people are after these days. thanks so much. that's the show for today. i'm sharon epperson. thanks so much for joining me. next week becky will be back and we'll take you to the toy fair for the newest, coolers toys kids don't even know they want yet. keep it here, we are "on the money."

frames tear through a home in brighton leaving 4 firefighters injured. a the swat teams tears through a home only to find children inside inside why the mother says this all started as a scam. we will take you behind the lines of the heroin epidemic. see what police face as they try to keep the drugs off the streets. and what happens when teens fell into an ice' canal. good saturday morning, thank you for joining us i'm gran bran done gunnoe. and i'm nancy chen. we have a wet start to the day. >> when i went to sleep it was snowing.