High school students have been getting a reality check for financial education, through a community initiative that promotes financial literacy.
Reality U$ is a program sponsored by Communities in Schools for teaching student financial literacy. At Parsons High School, the program was set up in the gym, with different booths for different financial priorities.
Perhaps the SOS booth, (Save Our Ship) was the one where students received the most valuable advice. This was the booth where freshman Tate Robison stopped for assistance with his financial ledger balance sheet. “It’s actually pretty cool. I thought I had plenty of money when I started, but I went through it. I’m $50 in the hole. It makes me really have to cut expenses,” Robison said.
Before CIS brings Reality U$ into schools, students fill out a survey. They look to the future, describing who they are as 26 year olds. They describe their job, salary, family life, home, shopping habits, and entertainment. The CIS staff them prepare packets for the students, comparing the survey with actual school performance. They assign them jobs, salaries, and families.
“It brings real life situations for students to learn how to cope and budget,” CIS PHS site coordinator Chris Ball said.