Carroll County Schools are adding their own spin on financial literacy with a “Real Money. Real World” simulation.
The School Board was briefed on the effort, which contains elements of an earlier program titled “The Reality Store.” The effort is being funded through a joint effort including Cooperative Extension and The United Way.
“So far Carroll County has embarked on at least four classroom lessons with Real Money Real World,” said Associate Extension Agent Jonette Mungo. “It is a financial seminar and simulator for eighth grade students. Every eighth grade student at Carroll County Middle School will participate in this particular simulation. After talking with Superintendent Dr. (Strader) Blankenship and Middle School Principle Marc Quesenberry I chose Real Money Real World because it comes with a great financial curriculum that aligns to the eighth grade SOLs.”
Mungo said Carroll County is the first county in Southwest Virginia to take on the Real Money, Real World simulator (which was slated for Feb. 21). She said community business leaders will man each one of the 14 financial stations that students will have to visit and make a decision based upon their chosen career and given family size.
“They will walk through the game of life and make financial decisions based on fact. The goal is to reach the finish line with a positive balance in their checkbook register. Once they do that they will receive a candy bar. A Thousand Dollar candy bar for a positive balance and if they have a negative balance they will receive a Zero bar. This is also to help them understand that retirement is real,“ Mungo said.
She explained core classes include household financial management, how to balance a checkbook, budgeting and understanding and evaluating savings and understanding the types of savings accounts. The program was created in 2012 by Ohio State University Extension.
“This is great opportunity, the kids are being encouraged to get information from the business owners so that they can learn how to negotiate and what financial services are out there to help them plan. They have a friend in the real world that they have been introduced to and can talk to,” said Mungo. “They are deffinately geting a real world reality check in terms of how far money will not go.” She said there is also a follow up debriefing following the simulation and a three month follow up after that where they share if they are sticking with lessons they learned.”
She told the board she hopes participants will evaluate if a career is good for them and the finanicial impact of family size so before they go into high school they can make a more informed decision on what they want to do with their lives after graduation.
Board members were also presented certificates proclaiming February as School Board Appreciation Month. This was established by the Virginia School Boards Association (VSBA) in 1989 to encourage public recognition of the roles and responsibilities of school board members. This year’s theme is“Lead to Inspire” and reflects the top priority of local school board members as they advocate for public education with local, state, and federal leaders.
Carroll County School Board members include chair Brian Spencer, Pipers Gap District; vice chair Joey Haynes, Fancy Gap District; Olen Gallimore, Pine Creek District; Sanford Hendrick, Laurel Fork District; and Reginald Gardner, Sulphur Springs District.
Carroll County Public Schools observed the third week in February as “VSBA School Board Clerk Appreciation Week”. This observance by the VSBAV seeks to build awareness of the role board clerks play in assisting school board members, superintendents, and local schools. Board Clerk is Tammy Quesenberry was presented a certificate. Denise Hicks serves as Deputy School Board Clerk.
David Broyles may be reached at 276-779-4013 or on Twitter@CarrollNewsDave.