Students will be invited to LACOE to participate in an interactive activity that focuses 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.
Category
FYSCP Workshop (Youth)
Project
Foster Youth Services Coordinating Program
NOTE: Details for each specific Training/Workshop might vary from the above description.