UPCOMING MAD CITY MONEY™ EVENTS:
In light of the Coronavirus (COVID-19) pandemic, Indianhead Credit Union has made the difficult decision to indefinitely postpone all Mad City Money budgeting simulation events. While we are deeply disappointed, our top priority remains the health, safety, and well-being of school staff & students, as well as community volunteers and Credit Union employees.
Events will be added as they are scheduled.
For more info, please contact Andrea: firstname.lastname@example.org or 866-836-4533.
Mad City Money™ gives youth a taste of the real world – complete with occupation, salary, spouse, student loan debt, credit card debt, and medical insurance payments. This product is offered in two formats: a two hour hands-on simulation or a workshop designed for classroom delivery.
Mad City Money is approved as a financial education resource for students by the Jump$tart Coalition Clearinghouse, based on the National Standards in K-12 Personal Finance Education.
High school students take on the role of an adult in futuristic Mad City. They’re given jobs, income, a family, and debt. The challenge? Visit merchants to select housing, transportation, food, household necessities, clothing, day care, and other wants and needs while building a budget. The credit union has an office in town, too.
Mad City Money compels participants to do the math (a proven technique to teaching financial education). They make mistakes – and suffer the consequences of their decisions – in a realistic, but safe, environment. Most participants are surprised to learn “I can’t have a big house and a new truck on my salary and still pay for day care and groceries.″ Once the shock wears off, they reevaluate choices and manage their money effectively.
Are you curious about how and why to host this simulation? Click on the below videos to see Mad City Money in action.
Great Lakes Credit Union makes an impact in their community with Mad City Money.
WinSouth Credit Union invites area high schools to request a simulation.
iQ Credit Union hosts Mad City Money at Cornerstone Christian Academy.
Teachers Federal Credit Union brings Mad City Money to Lindenhurst HS.
© 2014 Credit Union National Association