{"id":38709,"date":"2013-05-17T07:15:24","date_gmt":"2013-05-17T12:15:24","guid":{"rendered":"https:\/\/thevwindependent.com\/?p=38709"},"modified":"2013-05-18T07:15:33","modified_gmt":"2013-05-18T12:15:33","slug":"area-students-learn-about-making-financial-decisions","status":"publish","type":"post","link":"https:\/\/thevwindependent.com\/news\/2013\/05\/17\/area-students-learn-about-making-financial-decisions\/","title":{"rendered":"Area students learn financial literacy"},"content":{"rendered":"

DAVE MOSIER\/<\/strong>independent editor<\/em><\/p>\n

Local high school seniors got a chance to make \u201creal world\u201d financial decisions during a financial literacy simulation held Thursday in the Van Wert High School gymnasium.<\/p>\n

\"\"<\/a>
Mark Schumm of Van Wert Federal Savings Bank (seated) helps a VWHS senior with information on his options for consumer credit during Thursday's "Real Money, Real World" financial simulation held in the VWHS gymnasium. (Dave Mosier\/Van Wert independent)<\/figcaption><\/figure>\n

The simulation was the culmination of the \u201cReal Money, Real World\u201d financial literacy course provided to local schools by the Ohio State University Extension. It is the second year the coursework has been used in Van Wert County.<\/p>\n

OSU Extension Agent Heather Gottke said Thursday that the simulation covers material provided to students during a series of four lesson plans provided by Ohio State: \u201cWorking with Deductions,\u201d \u201cWhat is a Checking or Savings Account?\u201d, \u201cHow to Budget Your Needs vs. Your Wants\u201d, and \u201cHow Your Career Affects Your Income.\u201d<\/p>\n

Approximately 37 senior government students from Lincolnview and 85 VWHS government students participated Thursday in the simulation, which is designed to provide students with information on how to make good decisions when buying insurance, cars, housing, providing child care, and a number of other financial areas.<\/p>\n

Gottke said the simulation assumes students to be 25 years of age and married, but with a non-working spouse, for whatever reason. They can also have up to three children, but must also make decisions then on childcare, and feeding and clothing children.<\/p>\n

\u201cThe stations provide a variety of options, from more thrifty to more elaborate,\u201d Gottke said, adding that students can always go back to a station and change a choice, if they need to.<\/p>\n

There was also a special station that provided financial advice to students who got into a financial bind.<\/p>\n

Gottke said that the curriculum used for the simulation Thursday comes from Defiance County, but added that she is worked with local businesses to come up with a curriculum tailored expressly to Van Wert County.<\/p>\n

While Ohio State provides the basic curriculum for the financial literacy program, Gottke said each county using the program is encouraged to localize it. \u201cOSU gives us the basic idea and then says \u2018make it your own,\u2019\u201d the county Extension agent noted.<\/p>\n

The Defiance County curriculum, while not localized, does provide similar financial situations to Van Wert County, as compared to Franklin County, for example.<\/p>\n

Gottke said the curriculum more accurately reflects housing costs for this area, versus those in a city such as Columbus, and also doesn\u2019t have public transportation options, since those aren\u2019t available in this county.<\/p>\n

She noted that this year\u2019s curriculum didn\u2019t deal with student loan costs, but said she is hoping to add that component to next year\u2019s simulation.<\/p>\n

Meanwhile, participating seniors got the chance to learn about the impact of financial decisions on their lives, and how to better prepare for the \u201creal world\u201d in which they will be living — probably sooner than they imagine.<\/p>\n","protected":false},"excerpt":{"rendered":"

DAVE MOSIER\/independent editor Local high school seniors got a chance to make \u201creal world\u201d financial decisions during a financial literacy simulation held Thursday in the Van Wert High School gymnasium. The simulation was the culmination of the \u201cReal Money, Real World\u201d financial literacy course provided to local schools by the Ohio State University Extension. It […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-38709","post","type-post","status-publish","format-standard","hentry","category-news"],"publishpress_future_action":{"enabled":false,"date":"2026-08-02 20:07:49","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/38709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/comments?post=38709"}],"version-history":[{"count":0,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/38709\/revisions"}],"wp:attachment":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/media?parent=38709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/categories?post=38709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/tags?post=38709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}