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Financial Reality Fair Teaches Students the Fundamentals of Personal Finance

Recently, over 300 high school students gained invaluable insights into money management at the Western Maryland Credit Union Financial Reality Fair. The event allows students to experience firsthand the importance of living within their means.

Students select a profession and devise a budget that aligns with their income, covering essentials while also considering discretionary spending on luxuries like vacations, spa visits, and pets. Through this lifelike simulation, students acquire essential budgeting skills.

“Financial education plays a crucial role in empowering our youth to navigate their future with confidence,” remarked Becky McKenzie, CEO of WEPCO FCU and President of the Western Maryland Chapter, MD|DC CUA. “The Western Maryland CU Reality Fair offers a hands-on learning experience, furnishing students with the decision-making prowess required to handle personal finances. We extend our gratitude to our credit union partners, Allegany County Public Schools, the Association, and the Foundation for their unwavering support and collaboration.”

Participating in the event were students from Allegany, Mountain Ridge, and Fort Hill High Schools. Among the representatives from Allegany County Public Schools present at the reality fair was Superintendent Jeff Blank. Mr. Blank also invited the CEO of the Allegany County Chamber of Commerce, Juli McCoy, to the event so that she could see its value.

The Credit Union Reality Fair was organized by the Western Maryland Chapter of the MD|DC Credit Union Association in conjunction with the Association and Credit Union Foundation MD|DC. The event saw the participation of 40 volunteers from various credit unions, including ACT 1st FCU, Chessie FCU, SECU, and WEPCO FCU.

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