Financial Literacy for Teens, sponsored and presented by the Guadalupe Credit Union, this Fall at La Farge

Posted on 16 August 2018

Financial Literacy at La Farge: Guadalupe Credit Union will visit teens at the La Farge Branch of Santa Fe Public Library twice a month for financial literacy. Young and emerging adults will learn about basic money management, banks and credit unions, and opening their own bank account. Teens can test their financial literacy skills in November at a Reality Fair.

Reality Fair:

Participating in a Reality Fair propels youth through the personal financial management process, including career selection, budgeting for housing, transportation, luxuries, and more. Each teen receives a folder detailing his or her personal information specific to their career choice. After calculating their take-home pay, they create a monthly spending plan as they progress through booths representing various expenses they may incur, including food, clothing, housing, transportation, insurance, home furnishings, savings, investments, entertainment and credit. Based on their lifestyle scenario, they will also see alternatives provided and make choices based on their own values, goals and resources.

Teens! Worried about surviving on minimum wage? Want to know how you’ll manage your own finances in the 21st century? Join us at the La Farge Branch of Santa Fe Public Library in the months of September, October, and November to learn about basic money management, managing your own teen bank account, and test your skills at our Reality Fairs.

When:

Basic Money Management Sept. 12^th

Basic Money Management Sept. 26^th

Intro to Banks and Credit Unions Oct. 10^th

Opening a Teen Banking Account Oct. 24^th

Reality Fair Nov. 14^th

Reality Fair Nov. 28^th

All programs are from 4:30-5:30 p.m.