The event originally set for Feb. 24th took place Tuesday
Earlier this week, LAFCU partnered with Perry High School to offer a one-hour Financial Reality Fair that provided hands-on experience and practical application to help students understand budgeting, saving, and investing, as well as how to financially transition into adulthood.
Perry High School students chose a career before the fair, then made choices at the fair that simulate one month of independent adult living based on their annual salary and assigned credit score. They also visited a financial counselor after seeing the results of their expenditures to discuss ways to improve their financial future.
Approximately 150 Perry High School students; volunteers, including representatives from LAFCU branches and its Lansing headquarters; and Perry High School teachers and staff participated. Perry High School, W. Britton Road, Perry, Michigan 9 to 10 a.m., on Tuesday the 21st.
The Michigan-based credit union, LAFCU, has long been a champion of financial education and literacy and has expanded those efforts to help high school students learn critical financial decision-making skills. The first Perry High School Financial Reality Fair was held in 2017 and was deemed a resounding success by teachers, students, and the administration. After a hiatus during the pandemic, the reality fair is back! The Financial Reality Fair is an extension of the LAFCU-Perry Public Schools partnership that began in 2014 to prepare the approximately 2,500 students to succeed financially and includes financial literacy curriculum at all grade levels.
About LAFCU
Chartered in 1936, LAFCU is a not-for-profit financial cooperative open for membership to anyone who lives, works, worships or attends school in Michigan and to businesses and other entities located in Michigan. The credit union serves more than 74,000 members and holds over $973 million in assets. It was named a Best Credit Union to Work For in 2020. LAFCU offers a comprehensive range of financial products and services as well as an expanding complement of financial technology solutions. Members enjoy benefits such as low fees, low-interest rates on loans, high yields on savings, discounts, knowledgeable employees and nationwide access to fee-free ATMs. A recipient of the national Dora Maxwell Social Responsibility Community Service Award for credit unions, LAFCU enriches the communities it serves by supporting many organizations and causes. To learn more about LAFCU, call 800.748.0228 or visit www.lafcu.com.
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Image from a previous LAFCU Financial Reality Fair
