South Jersey Federal Credit Union and the New Jersey Credit Union League host a Financial Reality Fair
DEPTFORD, NJ (May 19, 2016) — The Reality Fair will take place on Tuesday, May 24th from 9:00 am to 1:30 pm at the Mary E. Volz school located at 505 W 3rd Ave, Runnemede, NJ 08078.
The Reality Fair is a unique opportunity for students to experience financial challenges they may face when they start life on their own. Students identify their career choice and starting salaries, then complete a budget sheet requiring them to live within their monthly salary while paying for basics such as housing, utilities, transportation, clothing, and food. As they go thru the Fair, students stop by tables to find an apartment or home, purchase a vehicle, cell phone plan, utilities, insurance, groceries, personal needs/haircare, fitness, clothing, fun activities, incidentals and savings. Along the way there are many temptations for additional spending, and students must learn to balance their wants
and needs to stay within their income. After the students have visited the various stations covering components of independent living, students balance their budget, and then sit down with a financial counselor for review.
About South Jersey Federal Credit Union
Originally chartered and established in 1940, South Jersey Federal Credit Union operates nine full-service locations in Southern New Jersey and Pennsylvania and serves 54,000 members and 700 employee groups. The credit union offers an array of financial products and services, including checking and savings accounts, personal and home loans, credit cards, and business banking services. For more information about South Jersey Federal Credit Union, visit southjerseyfcu.com.