Cardinal Middle School and 8th grade math teacher Melody Barber have received commendations from Ohio Treasurer Josh Mandel for participating in the Real Money. Real World. financial literacy program on Friday, May 22, 2015.
CMS Eighth graders participated in the event sponsored by the Ohio State University.
Students were each given a career and salary and then visited different stations where they had to use their “paychecks” to pay for items like mortgages, cars, groceries, gas, and other various real-world expenditures.
Teachers say the event is a real eye-opening experience for the students. “As they go through the stations and their money starts to dwindle they start to get a sense of why it’s important to have a budget and manage their money,” says 8th grade science teacher Joe Sherman. “Students also start to realize the difference between needs and wants and that they don’t always get the job, or clothes, or other material items that they want – money only goes so far. They usually tend to walk away with a whole new appreciation for their parents and even us as teachers!”
Real Money. Real World. (RMRW) is a financial literacy program for youth from Ohio State University Extension. It can be used with youth ages 12 – 18 but is ideally suited for youth ages 13-16.
This curriculum is time tested and has been highly successful because of the creative community efforts of Extension educators, local school teachers, and community volunteers.
For more information visit: http://realmoneyrealworld.osu.edu/
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