Tuesday, March 17, 2009

Learning to live within your means....

So yesterday I spent the day with a hundred 8th graders at Junior Achievements Finance Park. The kids all got a scenario. Their age, yearly income, married or not, kids or no kids. They then had to create a budget. Then they had to make choices, like what kind of car, how big a house, how much to save, etc. All within a certain net pay. Sounds like real life, eh?

Some of the kids were on the high end of things. Large salary, no money sucking kids. Those that were unmarried, really had it made. One kid in my group was on the low end of things. He was making about $3,000 less a month than all of this friends. As his buddies were talking about the Porsche or Lexus they were going to buy, he said, "I'll probably get to buy a 10 yr old Buick." These kids were really cracking me up. One of my daughter's friend was indignant that they didn't list feminine protection on the shopping list. One of the boys suggested buying the paper towels and wadding them up.

Some of these kids took it very seriously. One girl who is known for being the religious police for all things Mormon by reminding her friends to stay on the straight and narrow. No caffeine, no dating non Mormon boys, etc. She told another girl that she had better plan on tithing 10% to the church, that her budget better reflect that. Well, she didn't because she wanted that Disneyland vacations more.

I had a great time working with these teens and the other adult volunteers. Did the kids learn anything, god only knows. I think they were just excited to get away from class for the day!

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