TCU to host teen financial boot camp today
Travis Credit Union once again will host a series of financial literacy workshops for teens, beginning today, and July 16 and 30.
Using videos, traditional lessons and simulation, Mad City Money instructors will teach the teens, aged 14 to 19, the basics of money management: How to create a budget, paying off student loan debt, using credit cards responsibly, setting aside savings, how to write a check and balance a checkbook, etc.
The financial boot camp will be from 1 to 4:30 p.m. in the TCU Community Room, 1 Travis Way, Vacaville. Refreshments, prizes and a drawing for an iPad mini will be provided.
Later in the workshop, in a hands-on simulation, students will assume an “identity,” complete with occupation (architect, electrician, or school teacher, for example), salary, spouse, bills, and children.
“Face it — in a press release. “Yet the 3 1/2-hour hands-on simulation appeals to teens and gives them a taste of the real world.”
As they progress through the simulation, students will come in contact with merchants and organizations, from real estate agents and Rotarians to car dealers and educators.
The workshops come this year as news about college students graduating with huge debt loads has been the subject of in-depth reports in print, on the air and online.
With main offices in Vacaville, TCU, the 12th largest credit union in California, is a nonprofit cooperative financial institution serving residents in 12 counties, from the East Bay and North Bay to Sacramento and parts of the Central Valley.
For more information, visit www.traviscu.org or telephone (707) 449-4000.