FutureNow Finance is an exercise that helps students understand some of the “realities” involved in preparing for an employable future and adulthood. Students will have an invaluable experience of managing finances for a month as a 26-year-old adult. At FutureNow: Finance, students receive an adult scenario based on a survey they have completed prior to the event. The scenario includes marital status, number of children, career field, and net monthly income (based on choice of career field and current GPA). The students will use that information to determine their monthly payments and balance their budgets. Students will visit a variety of booths to “purchase” housing, transportation, communication services, child care, food, utilities, insurance, etc. They will also have the opportunity to save money, give to charity and learn about unexpected things that affect daily life (e.g. accidents, unexpected visitors, flat tires).
