On November 2, 2018, twenty-one members of the Goldin Peiser & Peiser (GPP) staff spent the day working with Parkhill Junior High School students on budgeting and money management. The GPP staff left the real-world of advising clients on their finances to the simulated world, created at the JA (Junior Achievement) Finance Park, of advising students. This is the second year GPP has participated in this program; the third year it has volunteered with Junior Achievement.
“We love working with Junior Achievement, especially at the JA Finance Park,” states Crystal Shin, GPP team member and organizer of this community service project. “This is right up our alley. It gives us such a great feeling to help these students understand the importance of personal financial management. The earlier we teach them about financial responsibility, the greater the chance they will learn the importance of spending their hard-earned money wisely and how important creating and sticking to a budget can be.”
Each student receives a family profile, which includes family and marital status, job title, income, savings, and debt. They act like adults for a day, making financial decisions based on their profile. The students are charged with purchasing items based on the needs of their family, such as food, entertainment, clothing, insurance, transportation, housing, childcare – without going over budget. In other words, they must not spend more than they earn.
Crystal Shin, Cynthia Hodge, Debbie Bromiley, Phaedra Fouts, Cassie Wyant, Nicole Miller, Yekaterina Dudovtsova, Allisa Smith, Angel Landfair, Sam Ash, Katie Heller, Zach Hefton, Richard Stepler, Nick Wolfe, Jaime Rodriguez, Kevin Harris, Russell Young, Angie Walters, Barry Watson, Mallory Sylvester, Yan Jiang
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