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PHOTOS: Eighth-graders learn budgeting skills at financial literacy fair

  • Sage Reed reacts as chance deals her theoretical career as an actor a major blow – a layoff – during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. Reed had to visit a credit counselor after being laid off to see how the event would impact the budget she had created based on her selected career. (ELIZABETH FRANTZ / Monitor staff)

  • Eighth-grader Gavin McWeeney sits down with New Hampshire Federal Credit Union CEO John Young, who was acting as a credit counselor, during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. McWeeney was attempting to figure out how much money he can put toward savings each month to buy a house with a career as an aerospace engineer. (ELIZABETH FRANTZ / Monitor staff)

  • Jackson Conway creates his personal budget based off a theoretical career as a space engineer during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. The event was sponsored by New Hampshire Federal Credit Union. (ELIZABETH FRANTZ / Monitor staff)

  • Eighth-graders from Rundlett Middle School create personal budgets based on the theoretical salaries during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. The event was sponsored by New Hampshire Federal Credit Union. (ELIZABETH FRANTZ / Monitor staff)

  • Christopher Silva reacts as a spun wheel rewards him with a $500 salary bonus during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. Silva and other eighth-graders created personal budgets based on the theoretical salaries of a chosen career during the event.

  • Students folded unforeseen circumstances, determined by the spin of a wheel, into their personal budgets during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. Circumstances included auto repairs, salary bonuses, emergency room trips and layoffs. (ELIZABETH FRANTZ / Monitor staff)

  • Eighth-graders from Rundlett Middle School create personal budgets based on the theoretical salaries during CU 4 Reality, a financial literacy fair held at NHTI in Concord on Thursday, May 11, 2017. The event was sponsored by New Hampshire Federal Credit Union. (ELIZABETH FRANTZ / Monitor staff)



Monitor staff
Thursday, May 11, 2017

With their chosen career and potential salary information in hand, Rundlett Middle School eighth-graders set out to create hypothetical spending plans during CU 4 Reality, a financial literacy fair at NHTI in Concord on Thursday. The students budgeted for monthly bills such as utilities, insurance and housing costs, as well as lifestyle choices. Curveballs were simulated by the “wheel of reality” which dealt some students with unforeseen expenses such as a auto repairs or a layoff, but rewarded others with work bonuses or a tax refund. The annual event was sponsored by New Hampshire Federal Credit Union.