Louisiana Jump$tart Coalition gave 45 Broadmoor High School Students an unforgettable educational experience. These students participated in the Louisiana Jump$tart Financial $marts Mad City Money Simulation at the East Baton Rouge Parish School Board Instructional Resource Center thanks to the efforts of their teachers Debra Wilkerson and Oksatina Grant, Principal Troy Boatner and Jump$tart’s school board system partner Marlon Cousin.
Broadmoor High seniors and juniors took on a new life, created by Jump$tart’s Mad City Money Simulation. With careers, spouses and even a list of children in hand, these students walked through an hour long simulation that gave them real life scenarios on financial decision making. Students visited 10 different tables and completed their choice of items to fill in their budget including housing, transportation, groceries and dining, home goods, clothing, child care, the mall, entertainment and a financial institution to assist with making sound financial decisions.
As the simulation progressed, the students could be heard saying they didn’t realize how expensive it is to buy a house, car or even groceries. They began to understand why their parents denied them more expensive things sometimes. This exercise opened many students’ eyes to the reality faced by adults every day.
The simulation was capped off by a session from Joni Leggio at the Louisiana Education Loan Authority on how earning potential increases with additional education like technical school and college. She also discussed what students needed to fill out their Free Application for Student Financial Aid (FASFA) and scholarship resources that may help negate the cost of additional education.
All students then took part in a door prize drawing, and the “Best Budgeter” was chosen to receive a $50 Visa gift card! Each student received a certificate of completion at the end of the event as well as a goody bag supplied by Louisiana Jump$tart sponsors.
Events such as these wouldn’t be possible without Jump$tart’s faithful event committee, volunteers and sponsors. If you have a passion for sharing financial education throughout Louisiana, contact Louisiana Jump$tart for more information: www.louisianajumpstart.org.