WOODBRIDGE, VA (April 28, 2014) -- Belvoir Federal Credit Union supports the official National Financial Literacy Month throughout April at Belvoir Federal branches and events on Fort Belvoir, Virginia.
Belvoir Federal’s Financial Coach, Shannon Tackett, held a Reality Cash Course for 20 military dependent students living on Fort Belvoir. The seminar/activity enabled the students to learn the importance of budgeting and spending money wisely.
The students were given a life scenario in which the student had just graduated college and secured their first job. Students then created a budget, made financial choices such as housing and vehicles, decided if they could afford a pet, and how much to spend on entertainment.
“The reality cash course is an eye opening experience for students. We were able to reach teenagers who are close to graduating high school and teach them the importance of budgeting and spending money wisely, which are important tools to help them be financially successful in life,” stated Shannon.
In addition to the financial seminars and financial events Belvoir Federal sponsored throughout the month, the Financial Coach also posted relevant information and financial tips on Belvoir Federal’s social media outlets, including an article that focused on pulling annual credit reports. To view the video, visit Belvoir Federal’s Facebook page at www.facebook.com/BelvoirFederal.
About Belvoir Federal Credit Union
Belvoir Federal is a member-owned, full-service financial institution that provides the foundation for the financial success of our Members. Belvoir Federal, a not-for-profit organization, has served the Fort Belvoir and U.S. Armed Forces community since 1946 and named 2014 Best Places to Work in Virginia. For more information about Belvoir Federal, please visit www.BelvoirCreditUnion.org.