Press
Freedom to partner with PCUA to bring financial “reality” to Philadelphia High School Students
WARMINSTER, PA (October 8, 2013) — On Thursday, October 17th, students from Murrell Dobbins CTE High School in Philadelphia will learn real-life lessons in budgeting and the cost of living as Freedom Credit Union, in association with PCUA, present Philadelphia’s first “Reality Fair.”
At the fair, students are given a financial workbook containing a list of “real-world” expenses— including housing, furniture, clothing, and entertainment— that they will likely encounter as income-earning adults. The students will visit information booths manned by volunteers from Freedom and other credit unions and businesses, who will help the students receive the best, most practical budget for each category. Students will also get a chance to spin the Reality Wheel, which assigns an unplanned expense in order to mimic the random costs that often impact personal budgets. Finally, after completing their financial workbooks, students will receive individual advice from financial counselors about how to improve their budgets and save money or spend more prudently.
Freedom Credit Union is committed to providing financial education for all ages, and is proud to contribute to the success of the Philadelphia-area Reality Fairs.
About Freedom Credit Union
Freedom Credit Union, chartered in 1934, is a community-based, full-service financial institution that offers a banking alternative to consumers. Anyone who lives, works, worships, performs volunteer service, or attends school in Bucks, Chester, Delaware, Montgomery, or Philadelphia Counties is eligible to use their services. Freedom Credit Union has over $600 million in assets and more than 60,000 members, operating branch offices in Abington, Lansdale, Philadelphia and Warminster, Pennsylvania.