Financial literacy exercise gives peek of real-world responsibilities for Limestone County students

ATHENS, Ala. (WHNT) — Community organizations and the Limestone County Profession Tech Centre furnished a look into liable adulthood for a lot of high schoolers at Athens Condition College on Thursday with “Your Funds, Your Everyday living.”

Co-organizer Chris Becker of Limestone County Extension explained it’s aspect of a plan to assistance youth build a deeper understanding of the relationship amongst personal funds and their profession decisions.

“A lot of young ones these times possibly wouldn’t be equipped to fill out a check out, and which is vital,” he mentioned. “They need to have to be in a position to function on their individual, due to the fact daily life is not uncomplicated. Daily life does not acquire it quick on anybody. So they need to be well prepared so that when they enter the workforce they have the capabilities to be equipped to endure on their individual.”

Becker said the palms-on function was the first of quite a few real-lifetime budgeting routines that pupils from all more than the county will advantage from. Two sessions involved a overall of 200 Occupation Tech Heart pupils who were being assigned a hypothetical profession and wage, and had to simulate taking care of on their own or their household by way of the quite a few diverse expenditures and investments they’ll most likely make in life.

Becker stated it is a important lesson for any young grownup heading into college or straight into the workforce.

“We’ve got mortgage loan loan companies, we’ve acquired business folks listed here,” he stated. “So (taking part ambassadors have) taken a working day off work or they are volunteering their time to this program since they understand how crucial it is for these youngsters to fully grasp that every selection they make fiscally influences what they are able or not in a position to do in life.”

Limestone County Extension hopes to double the participation of its subsequent economical literacy occasions, and host them a lot more normally in the coming tutorial semesters.