West Hartford High School Students Receive Financial Literacy Training
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Hall and Conard students outside the Student Center at CCSU. Submitted photo
Students from West Hartford’s Hall and Conard high schools got a good dose of financial reality during ‘Financial Literacy Month’ by attending an event at Central Connecticut State University, and will attend a career walk next month.
Hall and Conard students finding ‘housing’ through the Wheel of Reality. Submitted photo
Submitted
To get students in the mind frame of being financially literate, 37 Hall and Conard Financial Literacy students attended the Financial Reality Fair at Central Connecticut State University sponsored by the the National Federal Credit Union Foundations on Wednesday, April 3.
Students research the starting salary for a career of their choice then must budget out the cost of life on their own including housing, food, transportation, and entertainment within their financial means. They encounter unexpected expenditures and income when spinning the Wheel of Reality where income taxes and medical bills are owed, lottery tickets won, and gifts from family are received.
Students walk away with the realization that life on their own is much more costly than they thought and emphasizes the importance of budgeting. Our goal is to graduate financially literate individuals.
Hall and Conard business students will also have opportunities to interact with local business professionals at the Annual Career Walk in West Hartford Center on May 3, and some will be traveling to Pricewaterhouse Coopers in New York City to get an inside look at the accounting/auditing profession and trade securities in Fordham University’s Trading room on May 1. Students will also be attending a Careers in Sports seminar at Dunkin’ Donuts Park on May 22.
All of these opportunities provide students a chance to experience various careers within the business industry to help identify possible career interests to them.
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Only 37?! Good grief, EVERY high school student should be receiving mandated financial literacy classes. Every student needs to know how to prepare early for retirement, how to figure out how much housing they can afford, what financial terms mean, what a contract is. It is preposterous that we teach frog dissection or 19th century literature but not practical lessons for personal sustainability.
There were 37 students who attended this particular event. I would think that more take the class at the high schools. My son took it at Conard and said it was one of the most useful classes ever.
Great job WeHa for offering these business courses. Financial literacy should be a mandatory course for every high school student.