Juniors and seniors from fiveÂ different area schools gathered to the UNOH Event Center to learn more about the world of finances with Superior Credit Union and OSU Extension’s Financial Education Day.
The event was split up into threeÂ different sections, one being a simulation called “Real Money, Real World”, where students choose a future career path and budget their lifestyle based on the different real-world possibilities that each student had to work with. This proved to show students what it’s like to budget based on their income.
“It was a big eye-opener to me of the fact that everything just adds up – you donât think a car is that much, but when you compound your car and your house insurance, and your life insurance and everythingÂ that it takes to live, thatâs pretty eye-opening,” said Jordan Siefer, a senior atÂ Bluffton High School.
Other activities included a talk on investments and credit and another talk on how to pick the right college. That’s a topic that will be necessary in the near future for many of the students that attended the event.
“Itâs good to have this knowledge now, so that way we wonât be far into ourÂ senior year and be confused with whatâs going on,” saidÂ Dalonte Manley, a senior atÂ Lima Senior High School. “I kind of wish I wouldâve learned some of this my junior year because we wouldâve been more ahead and have an idea of whatâs going onÂ through senior year.”
All in all, those with Superior say that events like this one are critical for students about to embark out of high school and into the adult world – as working with finances often isn’t something that many students have had to deal with.
“A lot of them are familiar with the terminology; some are very versed because theyâre involved at home, others’ parents keep things more private so, this kind of opens their eyes,” saidÂ Carrie Calvelage, HR Specialist withÂ Superior Federal Credit Union. “We definitely see the education piece of it pays off, they donâtÂ really think theyâre getting in education today, but they definitely gain information that they can use, some of them right nextÂ spring once they graduate.”
Around 340 students were in attendance.