Kids & Family
Students experience the art of budgeting at Wissahickon High
Students experience the art of budgeting at Wissahickon High Financial Reality Fair
FORT WASHINGTON, Pa. —On March 21, more than 325 juniors at Wissahickon High School tested their budgeting skills at a Financial Reality Fair sponsored by TruMark Financial® Credit Union in conjunction with the Pennsylvania Credit Union Foundation.
Students chose a career, complete with a salary, and were given a budget worksheet. They were required to visit 14 booths to make spending decisions on necessities such as housing, transportation, food and clothing, insurance, and other categories within their budget. As part of the exercise students also visited the “Wheel of Reality” where a spin of the wheel could bring good fortune such as a bonus at work or bad fortune such as unexpected car repairs. Following their selections, students met with financial counselors who reviewed their worksheets and advised them on adjustments that might be necessary to live within their salary constraints.
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Lynne Blair, principal at Wissahickon High School said she enjoyed the conversations she had with students after they attended the fair. She quipped a number of students were sad they could not own a pet because the costs associated with it didn’t fit into their budget. Some students had tough decisions to make. One young lady said had to decide on getting a manicure or going to the gym. She said it was a tough choice, but she couldn’t afford both.
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Representatives from local businesses, community leaders, students’ parents, and TruMark Financial employees manned the booths and helped guide students to make informed decisions as they budgeted for monthly expenses.
About TruMark Financial:
TruMark Financial is one of the strongest, most progressive credit unions in the nation, offering a full range of banking, investing, and insurance services to more than 119,000 members in Southeastern Pa.
Founded in 1939, TruMark Financial is headquartered in Fort Washington, Pa., and has approximately $2.2 billion in assets through its 23 branches, Call Center, and a suite of innovative online and mobile banking services online services. To learn more about TruMark Financial, visit www.trumarkonline.org or call 1-877-TRUMARK. Connect with TruMark Financial at www.facebook.com/trumarkonline and twitter.com/trumarkonline.
