A REALITY FAIR (or “Financial REALITY FAIR”) is an interactive
financial literacy tool for STUDENTS. It is a unique opportunity for
STUDENTS TO EXPERIENCE SOME OF THE FINANCIAL CHALLENGES THEY WILL FACE
WHEN THEY START LIFE ON THEIR OWN. It is a hands-on experience in
which STUDENTS IDENTIFY THEIR CAREER CHOICE AND STARTING SALARIES THEN
COMPLETE A BUDGET SHEET REQUIRING THEM TO LIVE WITHIN THEIR MONTHLY
SALARY WHILE PAYING FOR BASICS SUCH AS HOUSING, utilities,
transportation, clothing, and food. Additional expenditures such as
entertainment and travel are factored in as well.
Throughout the fair, there are many temptations for additional
spending, and students must learn to balance their wants and needs.
After the students have visited the various booths covering components
of independent living, students balance their budget, and then sit
down with a financial counselor for review.
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09/04/2020 Last update