Week of January 26, 2017

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Financial Fitness Fair held at Messalonskee High School: 
New Dimensions FCU hosts mission to provide financial education

Financial Fitness Fair 2017

On January 17,  New Dimensions Federal Credit Union arrived at Messalonskee High School, in Oakland, and set up and put on a Financial Fitness Fair for around 720 students. The mission was to provide education on financial security and basic real-life budgeting concepts. The students chose a profession and were assigned an annual salary and credit score.  They then visited several booths such as housing, furnishings, credit cards, autos, student loan debt, and more. The students rounded the booths complete with little twists such as the “Reality Wheel of life” that threw in real-life “curveballs” such as speeding tickets and cell phone repairs. The test was that they had to come back with a balanced budget at the end of the exercise which needed to include a savings plan. […]