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

ATHENS, Ala. (WHNT) — Local firms and the Limestone County Profession Tech Center furnished a glance into dependable adulthood for lots of substantial schoolers at Athens Point out University on Thursday with “Your Funds, Your Existence.”

Co-organizer Chris Becker of Limestone County Extension stated it’s section of a method to support youth acquire a deeper knowing of the marriage between particular finances and their vocation choices.

“A good deal of young children these times most likely wouldn’t be capable to fill out a look at, and that is vital,” he reported. “They need to have to be ready to perform on their very own, since life is not uncomplicated. Lifetime does not just take it uncomplicated on any person. So they will need to be geared up so that when they enter the workforce they have the capabilities to be equipped to endure on their individual.”

Becker claimed the arms-on event was the 1st of a lot of actual-existence budgeting workout routines that students from all in excess of the county will advantage from. Two sessions involved a total of 200 Career Tech Centre students who ended up assigned a hypothetical job and wage, and had to simulate handling them selves or their spouse and children by means of the several various fees and investments they’ll probably make in lifestyle.

Becker explained it is a valuable lesson for any young adult heading into university or straight into the workforce.

“We’ve obtained home finance loan loan providers, we’ve got business people here,” he mentioned. “So (collaborating ambassadors have) taken a working day off operate or they are volunteering their time to this plan mainly because they fully grasp how critical it is for these young children to realize that each alternative they make economically influences what they are capable or not capable to do in everyday living.”

Limestone County Extension hopes to double the participation of its upcoming money literacy functions, and host them much more usually in the coming academic semesters.