Calling All Connecticut Teachers!
Are you a high school teacher? Are you interested in learning more about Financial Reality Fairs in Connecticut? Great, we could be coming to a town near you! Below you'll find additional information, photos, and contact people for your area. If you're in the surrounding area of a fair location, we'd love to have your students go through the program!
Connecticut Financial Reality Fairs are organized by the Connecticut's Credit Unions and their 501(c)(3) Charitable Foundation.
A Financial Reality Fair is a 2.5 hour hands-on experience in which students, after identifying their career choice and starting salaries, are provided a budget sheet requiring them to live within their monthly salary while paying for basics such as housing, utilities, transportation, clothing, and food. Of course, there are many temptations for additional spending, and students must learn to balance their wants and needs to live on their own.
After they have visited all the booths, students will balance their budget, and then sit down with a financial counselor to review their standing. The fair is a unique opportunity for each student to experience some of the financial challenges he or she will face when starting life on their own.
An Important Component to a Responsible Financial Lifestyle Is Saving
In the Financial Reality Fair experience, students are encouraged to save a minimum of 10% of their income, placing 3% in a long-term retirement investment, and 7% in a shorter-term investment. The Financial Counselors explore the importance of planning for future needs and preparing for future financial challenges through savings. The fair will tempt students to spend their income on “fun,” but the Financial Counselors will bring the focus back to saving and thrift practices.
- March 7, 2018 | Greenwich Civic Center | Contact Kathy Chartier at firstname.lastname@example.org
- March 28, 2018 | Killingly High School | Contact Sonya Armstrong at email@example.com
- April 4, 2018 | Central CT State University
- April 25, 2018 | Torrington High School | Contact Doreen Roy at firstname.lastname@example.org