Over 250 South High School juniors and at least 50 community volunteers filled the Redwing Gym on Thursday, April 20, for a personal finance event where students navigated through a snapshot of their financial lives at age 25. This experience was designed to give students a real-life look at whether their chosen job or career will afford them the lifestyle they desire and provide them a better understanding of the decisions adults face financially.

Prior to the simulation, students completed a career inventory based on their chosen job or career. Students also decided if they will get married, have children, and have a pet. For the financial simulation, students were given a monthly salary equal to the entry-level salary for their job or career. Students made real-life decisions regarding housing, purchasing a vehicle, buying insurance, paying student loans, and entertainment. Throughout the experience, students also had to deal with unexpected financial circumstances. By the end of the simulation, students must have a balanced bank account with no more than $150 remaining.

Participation in this simulation improves the financial literacy of our students so they are equipped to make informed financial decisions in their life endeavors.