Elida Middle School students learn important lessons in money planning and budgeting

8th Grade students from Elida Middle School learned how to properly budget thanks to a money management simulation.

Elida Middle School students learn important lessons in money planning and budgeting

Superior Credit Union and OSU Lima held their "Real World/Real Money" workshop with 8th-grade students, putting them through the struggles and headaches that come with managing a monthly budget.

Each student received a simulation of living as a 25-year-old adult and was assigned jobs and families. They then would learn to balance their budget to live a month in the life of an adult.

Elida Middle School students learn important lessons in money planning and budgeting

"It's a financial education day that we host with schools around the area. The biggest thing that we hope to get out of it is just some real-life experience of finances and all the bills that people have to pay" said Chandler Clarkson, the Marketing and Member Experience Coordinator at Superior Credit Union. "They go around different booths which are essentially bills that they have to pay each month, like childcare, housing, transportation, insurance, kind of the everyday bills that people pay."

Multiple sessions were held in order for all 8th-grade students to experience the simulation.

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