Seventh and eighth graders at St. Anselm School participated in the Ohio State University’s Real Money Real World personal finance program. Facilitator and coordinator Alisha Faudie, the OSU Extension educator in Geauga County, along with both OSU and St. Anselm volunteers, led students in lessons teaching banking, budgets, credit and more culminating in a simulation.
During the simulation, students had to secure a residence, transportation, insurance, utilities and other necessities while staying within their budget and living within their means. Each student received, randomly, an occupation, level of education and household dependents.
Calculating with holdings, loan payments and more, students reflected on what surprised them with the experience and what they learned. It was indeed an eye-opening experience.