From CUNA News Now – To mark the milestone of 10,000 Connecticut students participating in Financial Reality Fairs since the start of the program during the 2008-2009 school year, more than 500 students from 14 local high schools attended a fair held at the Connecticut State Capitol in Hartford on 10/24/12.
U.S. Senator Richard Blumenthal (D-Conn.) and Connecticut Lt. Gov. Nancy Wyman took time out from their schedules to see the educational experience taking place.
The students made life choices in completing their monthly budgets in a test reality check of what it might be like out on their own.
More than 100 volunteers from Connecticut credit unions and businesses guided them through the process, showing them how to think clearly about their choices.
The fairs are a proactive learning exercise conducted by Connecticut credit unions to enhance financial literacy among youth in preparation for life’s challenges, financial or otherwise.
“Preparing for your financial future can never begin too early, and these reality fairs provide a concentrated, structured means to learning the essentials of personal financial management,” said Tony Emerson, president/CEO of the Credit Union League of Connecticut. “We are also fortunate to have a group of dedicated and knowledgeable credit union volunteers led by Barbara Bass, vice president of education and human resources development, to make these events happen.”