$15,000 award will bring more Financial Reality Fairs to Hawaii’s schools

Posted by Laurie Okawa-Moore
on "September 19, 2018 9:13 am"

Financial Reality Foundation announced it won the $15,000 Strong Communities Award presented by the Federal Home Loan Bank (FHLB)of Des Moines.

Online voting was held from September 10 -14 with participants voting once in a 24-hour period per device. Mahalo to everyone who voted on every device and platform and shared with colleagues, friends and families!

Every year the FHLB of Des Moines highlights the work its members do with the Strong Communities Award. The award demonstrates the value communities throughout the FHLB Des Moines district derive from small business and economic development projects. The award recognizes the results of these projects and their impact on creating stronger communities.

Financial Reality Foundation intends to use its $15,000 prize money to fund more Get REAL Financial Reality Fairs in Alaska and Hawaii schools. 

The Financial Reality Fair program provides community members of all ages with the opportunity to learn about personal finance through real-world simulations. The exercises help students develop the budgeting skills they need to achieve their financial goals and provide a realistic look at factors such as salary, car loans, mortgages, credit cards, student loans, and other important aspects.

At the end of the fair, it is each participant’s goal to stay within budget and have money left over after paying bills while ideally saving 10 percent of their income.

FHLB Des Moines Partners:
Alaska USA FCU
Credit Union 1
Northern Skies FCU
Tongass FCU 
Aloha Pacific FCU
HawaiiUSA FCU
Hawaiian Financial FCU

Additional supporting partners
Denali FCU
Matanuska Valley FCU
Matanuska Valley FCU - Hawaii
MAC FCU
True North FCU
Alaska District Engineers FCU
Spirit of Alaska FCU
Gather FCU
Kauai Government Employees FCU
Alaska Credit Union League
Hawaii Credit Union League