Students from Mr. Higgs social studies classes participated in the Real Money, Real World simulation on April 9. Members of the business…
Real Money, Real World
Students from Mr. Higgs social studies classes participated in the Real Money, Real World simulation on April 9. Members of the business community volunteered to advise the students on the economic and lifestyle choices they made. The high school thanks The Ohio State University Extension office and its community volunteers for bringing the worthwhile program to Berkshire.
Real Money, Real World (RMRW) is a financial literacy program for youth from Ohio State University Extension. The curriculum is time tested and has been highly successful because of the creative community efforts of Extension educators, local schoolteachers and community volunteers.
Real Money, Real World is fun and distinctive because it includes an interactive spending simulation that provides the opportunity to make lifestyle and budget choices similar to those made by 27-year-old adults. As a program of Ohio State University Extension, the most preferred and successful RMRW programs are partnerships of the county OSU Extension office, the school and the business community.
RMRW has three goals: To increase participants’ awareness of how education level and corresponding career choice influence personal income and financial security; to increase the students’ knowledge of money management tools used in daily spending for cost-of-living decisions; and to increase participants’ awareness of how income and lifestyle choices affect the amount of money available for discretionary spending.
