MHS students to attend financial fair Friday

Posted 3/8/17

Mineola High School seniors will participate in Financial Reality Fair on Friday at the high school from 8 a.m. to noon.

A “Financial Reality Fair” is an interactive financial literacy tool …

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MHS students to attend financial fair Friday

Posted

Mineola High School seniors will participate in Financial Reality Fair on Friday at the high school from 8 a.m. to noon.

A “Financial Reality Fair” is an interactive financial literacy tool for high school students. The

Reality Fair concept is a unique opportunity for students to experience some of the financial

challenges they will face when they start life on their own.

Seniors will participate in a hands-on experience in which they identify their career choice and

starting salaries then complete a budget sheet requiring them to live within their monthly salary

while paying for basics such as housing, utilities, transportation, clothing, and food. Additional

expenditures such as entertainment and travel are factored in as well.

Throughout the fair, there are many temptations for additional spending, and students must

learn to balance their wants and needs to live on their own. After the students have visited the

various booths covering components of independent living, students balance their budget, and

then sit down with a financial counselor for review.

This event is being sponsored by the Cooperative Teachers Credit Union for all Mineola High

School seniors and is part of the financial literacy education curriculum in Mineola School District.

“Financial Reality Fairs are, more often than not, a very eye-opening experience,” said CTCU

CEO Tim Miller. “These students are preparing for life in the workforce or college but for many,

this is the first time they have been forced to consider the financial realities of their choices.”