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Conn. CUs host first Financial Reality Fair
MERIDEN, Conn. (10/25/10)--More than 320 students from Hillhouse, North Haven, ACES and Shelton high schools participated in the first Connecticut Financial Reality Fair for the 2010-2011 school year in the New Haven Field House, New Haven, Conn.
Students wait their turn, make their choices, and enter details on their budget sheets at the first Connecticut Credit Union Financial Reality Fair of the 2010-2011 school year held Wednesday at the Field House in New Haven, Conn. (Photo provided by the Credit Union League of Connecticut)
Credit unions in the state identified and responded to the need for high school students to learn how to properly handle their finances by creating this unique experience, said the Credit Union League of Connecticut. Partnering with local businesses, credit unions have produced fairs for high schools in Connecticut since the 2008-2009 school year. On Wednesday, students experienced the real-life challenges of living within a budget and paying bills, while being tempted by “fun” purchases. “This is harder than I expected,” said a student from Hillhouse High. “I thought I was making good money, but I can’t buy a new car and pay for my apartment without a roommate.” Some students found they could not afford the level of living they expected to have after graduation, while others stated they were going to reevaluate their career choice. Connecticut credit unions will hold their next Financial Reality Fair in Hartford on Nov. 17.


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