Education Committee Hosts Literacy Simulation at Rutherford
Posted on: May 2, 2013
The Panama City Beach Chamber of Commerce’s Education Committee partnered with Innovations Federal Credit Union to collaborate a project on financial literacy called MAD CITY MONEY. This event was held Thursday, May 23rd at Rutherford High School. About 60-70 students participated in this unique experience. Innovations Federal Credit Union was the exclusive sponsor for this project.
The hands-on simulation experience teaches students the importance of financial budgeting in real-life situations. “By using this program, students stay engaged in learning and experience what it is like to be financially responsible,” Lisa Adams, Chair of the Education Partnership Committee, states. Local businesses volunteer to play the part of merchants such as car dealers, realtors, restaurants, and childcare.
Students are given fake jobs, families, and circumstances that may affect how money is distributed in a household. “The Beach Chamber Education Committee is enthusiastic about bringing local business volunteers together,” Kristopher McLane of the Panama City Beach Chamber of Commerce states. “Helping teach children in Bay County, through the Mad City Money financial literacy simulation, the realities of what it takes to budget for life after school is a beneficial way the Beach Chamber can contribute to our community.”
A “mayhem” character, or better known as the Fickle Finger of Fate, will also approach students and present them with some of life’s unpredictable situations such as a family death or financial inheritance. “We are so grateful for the generous sponsorship of Innovations Federal Credit Union and our merchant partners to bring this program to several of our area high schools,” Lisa Adams adds.
This 2-hour activity will be reaching out to the business community to gather 30 to 40 volunteers to play the role of merchants in the next MAD CITY MONEY project. If you would like more information on how to participate, please contact Kristopher McLane at the Beach Chamber at [email protected] Are you interested in being a Champion for Education? Join the Education Partnership Committee. We meet monthly at the Chamber Boardroom. Watch the Beach Buzz for the next meeting date or call Kristopher McLane at 235-1159.