In the United States, more than 60% of adults live paycheck to paycheck including those 40% who make over six figures according to a study done by LendingClub. With staggering statistics like that, it is evident that we must take the time to teach youth about their finances and the importance of living within their means. In the past, the Washington County Extension Office had partnered with Washington County Schools to host a powerful learning experience for each 8th grader called Reality Store. This program is a hands-on financial literacy simulation designed to give students a glimpse into the financial responsibilities of adult life. This year, it was determined that not only should that program still be offered to it's traditional audience but it should be updated and expanded to include more potential every day costs and life scenarios, this time for high school juniors as they prepared to enter their last traditional year of youth. 

A total of 112 students participated in this engaging event, where they navigated through various life booths to simulate budgeting based on a career and income that was assigned to them based upon their personal strengths, interest, and post-secondary plans. They were then randomly assigned a family situation that would have a significant impact upon their budget as they considered everything from grocery bills to daycare. As they visited each station, students had to make real-world decisions about housing, transportation, clothing, and even entertainment—all while trying to maintain a balanced budget.

The event was made possible thanks to the support of local community partners and volunteers who ran the booths to provide a more in-depth look at adult life. These volunteers included Sale with Hale Real Estate, GnG Entertainment, and Elizabethtown Community and Technical College, among others. Each booth offered insights and guidance that helped students understand the impact of financial choices and the importance of planning for unexpected expenses.

"This simulation really opened my eyes," said one student. "I thought I would be rich based upon the income that I saw at the begining but that ran out really quick!" 

Educators and volunteers alike were impressed with the students’ engagement and willingness to learn. Events like Reality Store not only enhance classroom instruction but also empower young people to think critically about their futures.