Hawaii Island high school students get real-world smart money lesson

Posted by Laurie Okawa-Moore
on "November 20, 2018 3:01 pm"

More Hawaii credit unions are embracing financial reality fairs as a fun, interactive way to teach real-world lessons on smart money management to high school students.

On November 4, HFS FCU held its financial reality fair at `Imiloa Astronomy Center’s Moanahoku Hall in Hilo. Hawaii Island high school juniors and seniors were invited to participate and represented:

  • Kamehameha Schools Hawaii
  • Waiakea High School
  • Hilo High School
  • Ke Kula Nawahi O Ka Lani o Puu
  • Connections Public Charter School
  • Hawaii Academy of Arts and Sciences
  • Keaau High School

Financial reality fairs follow a similar process where each student is given an identity including a career, salary, spouse and child (for most) and some debt. Then the students make their way through a life simulation where they need to make important financial decisions. Volunteers from the credit union staff and community were on hand to offer guidance every step of this life journey. Judging by student reaction, many experienced an epiphany about the real-world cost of living:

  • “It put into perspective how important it is to keep track of the money I spend and how easy it is to overspend.”
  • “I was able to put myself in my parents’ shoes.”
  • “I realized that money is not unlimited.”

Financial reality fairs are designed to help students on the verge of adulthood gain confidence in making important life decisions. Mahalo to HFS FCU for investing in the next generation of savvy money managing consumers.

 
HFS FCU staff and supervisory committee member helps a student with her budget.

112218 hfs twokids 
Learning how to balance a checkbook.

112218 hfs group 
Enthusiastic participation from all students marks the success of the event.