The League and credit unions in North Carolina and South Carolina collaborated on two Financial Literacy Day events in Columbia and Raleigh in April. The events educated more than 160 students on budgeting basics.
The students experienced what adult life is like in the hour-and-a-half simulation. Each participant received a job and income, and had to make decisions about how they would spend their available income on basics from food & housing to optional items like entertainment.
Nearly 60 credit union volunteers participated in the two events, helping the students navigate the choices presented to them. These events reflect the commitment credit unions have to providing financial education to employees, members and communities throughout the Carolinas on an ongoing basis.