PSCUnow.com 734.641.8400 November 2018
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2017 PSCU
Board of Directors
 
Frederick W. Morgan
Chairperson

Jeffery King
Vice Chairperson

Dean J. Trudeau
Treasurer

Edward A. Carey, Jr.
Secretary
 
Charles Lowler
 Dale Reaume
Nora Sharpley
 
Credit Committee
Veronica Massey
Huey Ferguson
Juanita Henry
 
Financial Reality Fair

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In partnership with the Torch of Wisdom Foundation, Public Service Credit Union put on a Financial Reality Fair for teens and young adults. A Reality Fair is an event where teens find out how to budget for "real life". First, participants select a career choice and answer some questions based around that choice. From there, they were given a salary and a monthly income to use to budget their expenses. They had to budget for the necessities: shelter, transportation, food, leisure, etc. Their salary and expenses were realistic based on current costs of living- They had to account for taxes, student loans, health insurance etc. Besides learning a lot about personal finance and budgeting, this was an experience that mimicked real life and really gave these young adults a taste of the responsibilities that come with growing up.


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Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.  


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