LIMA, Ohio (WLIO) – Hundreds of high school students are getting a taste of what life could be like after graduation through a hands-on financial literacy program.
Students were assigned a profession and a salary and then challenged to make it work by paying bills such as utilities, groceries, childcare and more — an eye-opening experience for many. Organizers say it’s crucial for soon-to-be adults to understand the importance of sound financial decisions and how they will affect their futures.
“Really prepares you for the real world and the expectations of it. It’s a lot for real, like, the cost of everything, but once you get into it, you got to really, like, understand what you need to pay for everything,” said Laila Woods of Perry High School.
“This is a really good experience for everyone, and even myself, like, I’ve learned a lot of new things, and it’s good to experience like, what we’re going to experience when we’re older. So yeah, it’s really good to be here,” said Andrew Elwer of Delphos St. John’s.
“I don’t think you realize how much money you’re going to spend each month until you’re the one actually spending it. So I think that it gives them a greater appreciation for their parents, their guardians, caretakers, but then I also think it’s preparing them for the next step after they graduate high school,” said Kelsey Joseph, director of marketing for Superior Credit Union.
Students also attended group assemblies that included lessons on creating a business plan for those considering starting their own business.
This is the 19th year Superior Credit Union and the Ohio State University Extension have partnered to hold the “Real Money – Real World” program.
