HERNDON, Va. - (06/02/06) More than 400 seniors atHerndon High School participated with employees of Northwest FCU ina role-playing Reality Store to help teach themfinancial aspects of every day life. The credit union sent 30 ofits employees to lead student groups and guide them through variousfinancial scenarios of everyday life, like budgeting, home buying,paying taxes and taking out student loans. At the start of the gameeach student was give a this is your life scenario,which included their marital status, gross annual income and numberof children. Students then had to complete worksheets to determinetheir net income and design a budget to cover basic monthlyexpenses while leaving enough for clothing, entertainment andunexpected expenses.
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