Bite of Reality Financial Literacy Event for Foster Youth High School Seniors 05/09/2024
8:00 am - 1:00 pm
9:00 AM Volunteer Orientation provided by SchoolsFIRST Credit Union
Students are invited to LACOE to participate in an interactive activity focusing on financial literacy for teens and young adults. Designed and taught by the SchoolsFirst Credit Union, participants are given a virtual persona with a fictional occupation, salary, credit score, spouse and child, student loan debt, credit card debt, and medical insurance payments and presented with purchasing decisions, such as buying a home, transportation, food, clothing, and other daily needs.
Outcomes: This event aims to bridge the gap by providing targeted education to students, empowering them with essential financial skills necessary to overcome economic challenges and build a more equitable future.
Learning Objectives
Students will:
Learn financial basics such as how to prioritize their spending based on needs, obligations, and wants.
Identify financial institutions such as a credit union and the services available to open and maintain bank accounts and build credit.
Understand how they can save for assets and emergencies and how they can build secure, accessible savings.
SchoolsFIRST Credit Union, USC Credit Union, Care Portal, DCFS, and Foster Care Project
Included
"Bite of Reality" materials provided by SchoolsFIRST Credit Union. Lunch provided by LACOE Foster Youth Services.
Location
Los Angeles County Office of Education ECW 12830 Columbia Way Downey, CA 90242-4720 Map | Driving Directions Note: Event location: ECW Conference Center B and C