Mad City Money - Budget Simulation for Teens
Date: April 20, 2018
Time: 6 - 8:30 p.m.
Location: True Covenant Church 200 Genessee St, River Rouge, MI 48218
Contact: Laurie Rivetto, firstname.lastname@example.org, 734-727-7234
“Life Happens” With Mad City Money
“If I buy an expensive car and house, I can’t afford clothes and food.”
That’s the lesson learned from one teenager who participated in Mad City Money, a simulation for high school students that teaches basic money management in a safe, fun setting.
This two hour hands-on simulation appeals to teens and gives them a taste of the real world—complete with occupation, salary, spouse, student loan debt, credit card debt, and medical insurance payments. Teens get an instant family and then move about the stations to purchase housing, transportation, food, clothing, household necessities, day care, and other needs. The event allows participants to make mistakes - and suffer the consequences of their decisions - in a realistic, but safe, environment.
What’s included in the simulation? A mall for “wants,” a pushy car salesperson, a commission-based realtor, and the Fickle Finger of Fate. You guessed it—life happens. And in addition to several other merchants, there’s a credit union for financial services.
Cost: FREE (Thanks to a generous gift from Chemical Bank!)
**Volunteers, please arrive at 5:30 to help with set-up and directions.