Lizeth GeorgeThe Southeastern Credit Union Foundation (SECUF) is excited to introduce, Bite of Reality, a hands-on app-based simulation that appeals to teens, while giving them a taste of real-world financial realities. Teens are given a fictional occupation, salary, credit score, spouse and a child, student loan debt, credit card debt, and medical insurance payments. The teens then walk around to various table-top stations to “purchase” housing, transportation, food, clothing, and other needs. Fortunately, the game also includes a “credit union” to help with their financial needs.
This interactive activity will teach teens how to make financial decisions and give them a better understanding of the challenges of living on a budget. Teens will have to deal with a pushy “car salesperson” and a commission-based “realtor,” and weigh their wants versus their needs. There’s even a “Fickle Finger of Fate” that will give the students unexpected “expenses” or “windfalls”—just like in real life.
What are the Benefits of Bite of Reality?
- Teaches basic money management in a safe, fun setting.
- Simulates everyday financial challenges and situations.
- Introduces the next generation to the benefits of credit unions.
- Helps you build relationships with schools, educators, and parents in your communities.
- Free to the students
Click here to learn more.
