South Jersey FCU Hosting Reality Fair for Students
May 20, 2016
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.