RYAN O’CONNOR, Lisbon Community FCU’s director of marketing, helps two students with their spending plans at the Financial Fitness — A Money Management Experience event held in Bath.
Students from Boothbay Region High School, Lincoln Academy, Morse High School and Wiscasset High School participated in the event.
The day, which can be compared to an interactive “game of life,” builds awareness for youth education and for credit unions’ dedication to financial literacy in their communities.
At the event, students check in and receive a scenario packet of their life at age 22, which includes their occupations, income and credit history. From there, students have to map out their financial future, from financing their housing to purchasing food and clothing.
Jon Paradise, governmental and public affairs manager for the Maine Credit Union League, said in a news release, “With these students having heard a lot said on the troubled economy in the last couple years, this event actually gives them the opportunity to better prepare themselves by truly understanding the importance of being financially fit.”
Jennifer Andersen, of Five County CU and president of the local chapter of credit unions, said, “It was nice to have the involvement of so many local high schools. Personal finance is such an important concept for students to learn, and the local credit unions are committed to doing all that we can to help as many students as possible.”
Representatives from Atlantic Regional FCU, Down East CU, Five County CU, Lisbon Community FCU, Midcoast FCU, and the Maine Credit Union League helped to organize the event.
¦ STUDENTS FROM Boothbay Region High School, Lincoln Academy, Morse High School and Wiscasset High School participated in the event.
¦ REPRESENTATIVES FROM Atlantic Regional FCU, Down East CU, Five County CU, Lisbon Community FCU, Midcoast FCU, and the Maine Credit Union League helped to organize the event.
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