The Minnesota Credit Union Network is partnering with Minnesota Jump$tart Coalition to offer a Life Simulation during the coalition’s upcoming event. Geared toward financial educators, the April 26 event will provide tools to promote healthy saving, spending, and borrowing when money is tight.
During the three-hour activity, participants will be grouped into “families” struggling to make ends meet in a simulated month of four fifteen-minute weeks. Each participant will play a unique role within the family. These simulated families will visit a variety of booths, including a school, employer, pawn shop and payday lender. Through the exercise, educators will encounter events and financial crises faced by many low-income Americans, including eviction, loss of utilities, lack of reliable transportation, crime, and the moment-to-moment stress of making ends meet. After the exercise, participants will share ways their organizations can best serve families living under financial stress.
The Minnesota Jump$tart is part of the national Jump$tart Coalition for Financial Literacy, which brings together individuals and organizations to improve the personal financial literacy of Minnesota’s Youth. The Coalition hosts an annual event or conference in April in celebration of National Financial Literacy Month. Other events and activities have included networking events for partners, webinars for young adults, scholarships for teachers to attend the national conference, a young adult mentoring program, and more.
Registration for this free event isavailable online. To represent your credit union as a volunteer during the life simulation, contact MnCUN Director of Communications Laura Whittet by email or by phone at 651-288-5503.