Ames Students Gain Appreciation for Money Management
Students in the business education program at Massapequa High School’s Ames Campus visited the Junior Achievement Finance Park to learn about financial planning. More than 30 ninth graders from the career and financial management class embarked on the journey on May 13.
At Finance Park, students were given random life scenarios, such as married, divorced, children and no children, and given jobs, salaries, credit scores and various amounts of debt. Students had to set up budgets for themselves based on their personal circumstances. They had to apply for a car loan and home loan, as well as shopping for good and services including a car, health insurance, child care, cell phone plan and groceries.
Many of the young consumers realized that the amounts they allotted for certain categories was not enough and had to make.
“It was an eye-opening experience for them,” business teacher Christine Poggioli said. “Many of the students said they had a new appreciation for their parents and all the money they have to spend for different items.”