On Friday, October 6 , almost hundreds of Columbus City high school students got a glimpse into the reality of financial responsibility that awaits them after graduation. Almost 600 students participated in Get Real, a financial literacy program hosted by Huntington and The CW Columbus, to help them understand what it will be like to manage their money in the real world. The event was held at the former Beck Elementary School in German Village.
"It really opens their eyes to what's in store for them down the road," said Reggie Thomas, Vice President of Community Development Relationship at Huntington Bank, "And I think that's a good thing for them to go through."
Booths are set up where students learn about and, using a fake checking account, pay for certain necessities. For example, when students visit the auto insurance booth sponsored by Huntington Insurance, they learn about insurance premiums for their cars and write checks to cover their monthly costs.
Learning to balance a checkbook, manage a monthly salary and manage a Huntington Bank checking account are all part of the Get Real experience. Students who participate are assigned an employment position and family status, such as "two children" or "no children." Students use their accounts to pay for housing, childcare, taxes, education, transportation, utilities, groceries and other expenses.
Many students have to take a second job to cover their monthly bills. It can be described as an interactive game of life.
The CW Columbus would like to thank Huntington Bank and Columbus City Schools for making 'Get Real' possible again this year!