MHS Students Learn How to Budget their Money through Real Money, Real World
Real Money, Real World was an interactive, hands-on experience that provided students the opportunity to make simulated lifestyle and budget choices similar to those adults face on a daily basis. All 8th grade students participated in the program on Friday, May 1st, and a group of 10th, 11th, and 12th grade students participated in the program on Thursday, May 21st. Mrs. Juillerat assigned students assigned a career, a salary, and family members (children). After being taught various phases of the lessons by Mrs. Wilkins (how education can affect their income), Mrs. Ballengee (tax deductions), Mrs. Tonya Bowman (balancing a check register), and Mrs. Juillerat (simulation prep), students were ready to go through the simulation. For the simulation local business representatives and 4-H volunteers were at the spending booths. The booths provided various services such as banking, groceries, transportation, child care, and utilities. Then with the student's monthly budget in hand, they were required to visit each store to purchase goods and services. If students ran into a financial road block, there was a financial advice booth available to assist students with options such as obtaining another job, utilizing government assistance, or making other choices. This is just a simulated experience, but students learned a serious message. A lot of students that that they will have big ideas of purchasing fancy car or big house, but in reality they will have to live within their budget.