Wednesday, March 18, 2015

Wyandotte County students to learn financial lessons

KANSAS CITY, KAN. ----- This spring, students at four high schools in Kansas City, Kan., will participate in Reality U$, a financial literacy program offered through Communities In Schools of Mid-America.

Reality U$ is brought to students in Kansas through a combination of private and public funders led by the presenting sponsor, The Office of the Kansas State Bank Commissioner of Kansas.

F.L. Schlagle High School will kick off the events on March 26 from 8:15-11:30 a.m.  The other events will take place during the months of April and May.

Reality U$ is an exercise that helps students understand the “realities” involved in preparing for an employable future and adulthood.  It provides a fun, tangible way to experience the reality of making financial decisions about life’s necessities.

Prior to each event, students create an individual profile of their proposed life at 26.  The profiles, which are tied to GPA, indicate the student’s career choice, salary, marital status etc.

During the event, students visit a variety of booths to “purchase” housing, transportation, communication services, child care, food, utilities, insurance, etc. based on the budget from their profile.  Students also have options to save money, give to charity and learn about unexpected things that affect daily life (e.g. car accident, broken arm, tax refund).

Reality U$ booths are staffed by community volunteers who assist students in making financial decisions.  They help educate students about necessity versus luxury and help them determine budget priorities.

Volunteers love working the event and really enjoy the student’s reactions to this real life simulation.  Volunteers are still needed for the upcoming events so please contact Sophie Archuleta at Sophie.archuleta@cismidamerica.org or 785-856-1939.