PORTSMOUTH, N.H.-Service CU, one of the few credit unions with overseas operations, has introduced a youth financial education program to meet the financial literacy and readiness goals for students in Germany.
The CU's CU 4 Reality Education Program gave Kaiserslautern Middle School students a chance to learn about managing finances and how to calculate earnings and expenses.
The program uses an in-class curriculum during the school year to teach participants skills to handle money responsibly, set and adhere to budgets, and avoid pitfalls of debt. The program culminates with a simulated real-world CU 4 Reality Fair, where student participants create a spending plan based on a salary, and balance needs versus wants, to make sure they are living within their means.
