HomeFinanceStudents learn real-world money management at Financial Reality Fair

Students learn real-world money management at Financial Reality Fair

The fair gave 68 student attendees a chance to experience the financial choices they will face after graduation, from budgeting for rent and groceries to understanding credit and savings.
-
courtesy Affinity Federal Credit Union

On April 15, Affinity Federal Credit Union hosted a Financial Reality Fair at Raritan Valley Community College, offering students a hands-on introduction to real-world money management. At a time when young people are preparing to live independently amid rising costs, the fair gave 68 student attendees a chance to experience the financial choices they will face after graduation, from budgeting for rent and groceries to understanding credit and savings.

On the RVCC Business Club Instagram page, students were asked about their favorite part of the event.

“My favorite part is getting the chance to speak with financial professionals and see what it would be like to manage money in the real world,” said a student.

“My favorite part is learning how to save my money, save my time well and learn how to save on pretty much everything,” said another student.

“My favorite part is learning to budget and cost-concern items,” said another.

 

The event was staffed by 29 volunteers, including 26 from Affinity, as well as representatives from CrossState Credit Union Association, Ridgedale Federal Credit Union (East Hanover) and Advanced Financial Federal Credit Union (four branches in North Jersey). Affinity, which operates 20 branches across the tristate area, regularly partners with high schools and local colleges to promote financial literacy.

“I’m grateful with our partnership with [Raritan Valley Community College],” said Oscar Cordoba, financial education and external affairs manager for Affinity Federal Credit Union, who managed the fair. “We are trying to provide education to the students so they are well-prepared to manage their money and make good financial decisions in life.”

“Later in life, it’s all going to matter,” noted a student attendee.

The next Financial Reality Fairs will be held on April 25 at Union High School and May 2 at Plainfield High School.

Related Articles

Smolin relocates to newly expanded Red Bank office

Accounting firm Smolin, Lupin & Co., LLC has relocated its Spring Lake Heights office to the newly expanded Red Bank location, a strategic move...

Treasury starts distributing first round of Stay NJ benefits to eligible seniors 

The N.J. Treasury’s Division of Taxation has begun mailing the first installment of benefits for the inaugural season of Stay NJ, New Jersey’s newest...

Verisk names Kauderer president of claims solutions 

Verisk, a Jersey City-based publicly traded strategic data analytics and technology partner to the global insurance industry, announced that Steven Kauderer has been named...

Seton Hall gets $8.4M state grant to make over STEM, law and student life facilities

Seton Hall University is reinvigorating its South Orange campus through an exciting lineup of modernizations and strategic improvements in the coming months with the...

$37 million loan from Kearny Bank paves way for Belvidere warehouse project

Kearny Bank has provided $37.25 million in financing to Belvidere Urban Renewal LLC in support of a 370,000-square-foot warehouse construction project in Belvidere in...

Thomas Edison State University launches Ed.D. program designed to help doctoral students complete degree

Thomas Edison State University announced Feb. 5 the launch of the Doctor of Education (Ed.D.) in Professional Studies, an innovative degree-completion program designed to...

Latest Articles

HBSE names Wheeler general manager of Loew’s Jersey Theatre

Harris Blitzer Sports & Entertainment (HBSE) said Feb. 10 that entertainment industry veteran Bruce Wheeler has become general manager of the nearly 100-year-old Loew’s...

African American Chamber of Commerce of N.J. to honor 6 at Circle of Achievement Awards Gala

The African American Chamber of Commerce of New Jersey (AACCNJ) will honor the achievements of six honorees at its 16th Annual Circle of Achievement...

Celularity of Florham Park gets $12.2M from sale of New Jersey net operating losses

Florham Park-based Celularity Inc., a regenerative and cellular medicine company, said Feb. 10 it was in receipt of $12.2 million in net cash proceeds...

Experic appoints Mollan to CEO with retirement of Wood

Experic, a Cranbury-based contract development and manufacturing organization (CDMO) and clinical trial supply services company serving the biopharmaceutical industry, announced the appointment of Matthew...

Sitex Group acquires an infill low coverage site in South Plainfield from Progressive

Sitex Group, a privately held investor and developer of industrial real estate, has purchased a 22,000-square-foot property at 152 West St. in South Plainfield....

Storage Post acquires former CubeSmart location in Newark, expanding N.J. presence

Storage Post, a leading owner and operator of self-storage facilities, announced the acquisition of a new location in Newark at 353–367 Park Avenue, which...

Latest Articles

HBSE names Wheeler general manager of Loew’s Jersey Theatre

Harris Blitzer Sports & Entertainment (HBSE) said Feb. 10 that entertainment industry veteran Bruce Wheeler has become general manager of the nearly 100-year-old Loew’s...

African American Chamber of Commerce of N.J. to honor 6 at Circle of Achievement...

The African American Chamber of Commerce of New Jersey (AACCNJ) will honor the achievements of six honorees at its 16th Annual Circle of Achievement...

Celularity of Florham Park gets $12.2M from sale of New Jersey net operating losses

Florham Park-based Celularity Inc., a regenerative and cellular medicine company, said Feb. 10 it was in receipt of $12.2 million in net cash proceeds...

Experic appoints Mollan to CEO with retirement of Wood

Experic, a Cranbury-based contract development and manufacturing organization (CDMO) and clinical trial supply services company serving the biopharmaceutical industry, announced the appointment of Matthew...

Sitex Group acquires an infill low coverage site in South Plainfield from Progressive

Sitex Group, a privately held investor and developer of industrial real estate, has purchased a 22,000-square-foot property at 152 West St. in South Plainfield....