Free Teen Financial Boot Camp

July 16th & 30th
Travis Credit Union Community Room, Vacaville

You’ve just been transported into the future with your friends.  Some of you have just graduated from college or technical school.  You already have families of your own.  You’ve just started your first full-time, professional job.  You’re earning money and have bills to pay.  Now you have to select housing, transportation, food, household necessities, clothing, day care, and other wants and needs.  Lots of choices to make.  Oh, and you need to build a budget based on your income and debt.  Welcome to 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 and financial boot camp for high school students that teaches basic money management in a safe, fun setting.

Face it-a presentation on budgeting likely will put teens to sleep.  Yet the 3 1/2 hour hands-on simulation appeals to teens (14-19) 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.

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.
Bottom line:  Teens learn that erasers and calculators are important tools for creating a monthly budget.  “It’s like a puzzle,” said one teen.  “You have to use all the pieces and they all have to fit.”

The financial boot camp is in the Travis Credit Union Community Room located at One Travis Way, in Vacaville.  Refreshments, prizes and a drawing for an iPad Mini will be provided. 
Classes are scheduled for Wednesday, July 16 and 30.

The merchants and organizations who committed to participate in the simulation are: 
Kathleen Ramos, Realtor with Stumbaugh Realty Advisors 
Randy Nelson, President of Sunrise Vacaville Rotary 
Solano Public Library Staff 
Solano County Office of Education 
The PC Doctor, Robert Dodge 
6.      Universal Building Services-Richmond, Rita Vitaliano
7.      Tracy Mitchell of Nissan of Vacaville
8.      Dr. Donna T. Burton of Regency Dental
9.      Prestige Realty Advisors, Richard Toebe
10.  Barbara Dwyer of The Academy of 21st Century Learning
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Location : Vacaville