Michigan Credit Union Foundation Grant Enhances High School Budgeting Simulation
FreeStar Financial Credit Union in Clinton Township secured a $3,500 grant from the Michigan Credit Union Foundation (MCUF) to foster education in high school students about the importance of saving and establishing a budget. The MCUF works cooperatively with donations to help credit unions thrive and serve Michigan communities through financial education, community reinvestment and professional development support.
Students practice budgeting as an adult with realistic circumstances, identify and experience the consequences of poor decisions, develop good judgment regarding spending and making a budget, and understand that budgeting is a necessary step in good money management.
“I am proud that FreeStar Financial Credit Union provides a program that is entertaining as well as beneficial for young students,” said Drema Isaac, President and CEO. “Mad City Money provides realistic examples of the decisions students make and the consequences of those decisions. Developing saving and budgeting skills early in life will provide an excellent foundation for their financial success.”
Nov. 10, 7:30 a.m., Fraser High School, 34270 Garfield Rd, Fraser
Nov. 18, 7:11 a.m., L’Anse Creuse High School, 38495 L’Anse Creuse Rd, Harrison Township
Nov. 29, 7:30 a.m., Mott High School, 3131 E. 12 Mile Road, Warren