Financial literacy exercise gives peek of real-world responsibilities for Limestone County students
ATHENS, Ala. (WHNT) — Neighborhood firms and the Limestone County Occupation Tech Middle delivered a appear into dependable adulthood for several significant schoolers at Athens Point out College on Thursday with “Your Revenue, Your Life.”
Co-organizer Chris Becker of Limestone County Extension reported it’s element of a system to enable youth produce a further comprehension of the relationship amongst personalized finances and their profession decisions.
“A whole lot of little ones these times in all probability would not be in a position to fill out a look at, and that’s critical,” he claimed. “They need to have to be in a position to perform on their individual, mainly because everyday living is not simple. Existence does not take it uncomplicated on any person. So they need to be geared up so that when they enter the workforce they have the competencies to be able to survive on their individual.”
Becker claimed the palms-on function was the initial of a lot of real-lifetime budgeting exercises that pupils from all about the county will advantage from. Two classes involved a complete of 200 Vocation Tech Centre pupils who have been assigned a hypothetical profession and salary, and had to simulate taking care of by themselves or their relatives by the a lot of unique costs and investments they’ll likely make in daily life.
Becker explained it’s a valuable lesson for any young adult heading into faculty or straight into the workforce.
“We’ve obtained home finance loan lenders, we have acquired business individuals here,” he stated. “So (participating ambassadors have) taken a working day off function or they are volunteering their time to this plan because they fully grasp how critical it is for these little ones to recognize that every option they make economically influences what they are capable or not able to do in everyday living.”
Limestone County Extension hopes to double the participation of its following fiscal literacy functions, and host them much more frequently in the coming tutorial semesters.