Success Story2024 4-H Reality Store Financial Simulation



2024 4-H Reality Store Financial Simulation

Author: Calyn Colston

Planning Unit: Calloway County CES

Major Program: Family and Consumer Science

Plan of Work: 2023 4-H Clubs and Programming

Outcome: Initial Outcome

In March 2024, Calloway County 4-H hosted a Reality Store financial simulation event for the Murray City and Calloway County 7th and 10th graders. The goal of the event was to increase youth financial awareness and provide them tools to make great life and financial decisions. Each of the four school FRYSC coordinators partnered with Calloway 4-H planning the event and 92 community volunteers from many different businesses and community programs worked the booths. Over the two day event, 648 students participated in the real-life simulation to learn how to efficiently manage their hypothetical base salary of 34k per year into a 1 month budget. Students were all given the same salary, but drew for their number of children and chose whether or not they were married. After visiting the Bank booth first and having taxes and savings withdrawn from their monthly budget, students then visited booths for utilities, groceries, phone and internet, housing, and more. Volunteers assisted students when they had financial trouble or needed to make budget adjustments. 


After the event, students were surveyed for input regarding the Reality Store event. They included comments like, "I learned what my parents are going through" and, "It made me realize how to save and spend money".  Many students commented that it was a fun way to learn how to manage their money and "put in perspective how life isn't easy". 






Stories by Calyn Colston


Camp-Palooza

Camp-Palooza

about 5 months ago by Calyn Colston

On May 26, 2024 severe storms came through Western KY leaving major damage to West KY 4-H Camp. Due ... Read More


4-H Area Teen Roundup

4-H Area Teen Roundup

about 5 months ago by Calyn Colston

Engaging teens in leadership and service based learning activities is becoming more difficult everyd... Read More


Stories by Calloway County CES


Family Farm Summit

Family Farm Summit

about 5 months ago by Matthew Chadwick

The problem and planned program to respondFarmers of all disciplines recognize the need to plan for ... Read More


New Master Gardener Service Project

New Master Gardener Service Project

about 5 months ago by Matthew Chadwick

The problemMaster Gardners look for local service project that can have a lasting impact on the comm... Read More


Stories by Family and Consumer Science


Insects At The Library

Insects At The Library

about 5 months ago by Joyce Doyle

How many children today are challenged to eat different foods? When asked to provide a program for t... Read More


4-H Babysitting Clinic

4-H Babysitting Clinic

about 5 months ago by Alexandria Brasher

Family Magazine reports that 76% of middle school age youth are babysitting either family members or... Read More