What is Future Finance?
Future Finance (FF) is a financial literacy exercise geared towards sophomores that helps youth understand some of the “realities” involved in preparing for an employable future and adulthood. As adults we must have money to buy food, clothing, shelter, transportation, etc. and more often than not, we have to figure that out not only for ourselves but perhaps a spouse and children. FF provides students the opportunity to learn about those choices that must be made as adults. FF provides a valuable service to teens helping them learn to determine spending priorities and budget their money. The goals of the program are to show teens that their performance in school today will affect their future, and give teens a chance to learn and practice personal finance skills in a fun way.
Prior to the event students complete a survey at school, provided by Cowley County Economic Development, as to how they see their lives ten years in the future including career, lifestyle, married or single, children, etc. At the event they are given a life situation based on their answers. Of those who said they would be married, about 40% are given a status of divorced and the situations that may apply such as paying or receiving child support.
At the event, the following fourteen booths are set up for the students and manned by local business leaders. Students visit each booth and make mock purchases of their goods/services. Banking, Childcare, Utilities. Communications, Housing, Insurance, Supermarket, Shopping Center, Entertainment, Transportation, Medical Center, Charitable Giving, Chances ad Financial Advising/SOS.
The FREE program is a community wide effort with sponsors, school support and over 250 volunteers from the community making this two-day event possible.
We are always looking for volunteers and sponsorship as 100% of the program expenses are on us, Cowley County Economic Development Partnership. Anyone interested, please email to jfalk@cowleycountyks.gov or call (620) 221-9951 or (620) 442-3094.
Would you like to take the survey yourself? Check out our test survey!