Tuesday morning, as part of a national program coordinated by the Richard Myles Johnson Foundation and credit unions across the country, the nice folks from the Lassen County Federal Credit Union taught Lassen High’s eighty Personal Finance students about the ‘Bite of Reality.’
The Bite of Reality uses a ‘hands-on app based simulation that appeals to teens while giving them a taste of real-world financial realities.’
Students are given a fictional occupation, salary, credit score, spouse and a child, student loan debt, credit card debt, and medical insurance payments. They then walk around to various table-top stations to “purchase” housing, transportation, food, clothing and other needs.
Fortunately, the game also includes a ‘credit union’ to help with their financial needs.
This interactive activity is designed to teach teens how to make financial decisions and give them a better understanding of the challenges of living on a budget.
The program is presented at no cost and is a great hands-on simulation for the students.
