Financial Education Programs

The Southeastern Credit Union Foundation and the League of Southeastern Credit Unions are committed to improving the financial health of as many people as possible. Financial literacy empowers people with the information they need by helping them to understand how to live on a budget and manage their finances. Connecting people with credit unions allows people to find the financial resources they need for a successful future and to be able to show resilience when financial hardships arise. The overall goal is to promote long-term financial capability through credit unions and community partners.

Join us at one of the following financial capability workshops to learn more about the programs first-hand.

08/13 9:00am-11:00amSouth Alabama Homeschool Reality Fair
Mobile, AL
08/27 2:00pm-4:00pmCommunity Partnership & Resource Round-table
DCFCU
Doral, FL
09/10 6:00pm-8:00pmCommunity Partnerships & Financial Fitness Simulation
Montgomery Chapter Meeting
Montgomery, AL
09/18 1:00pm-4:00pmCommunity Partnership & Serving Underserved Communities
Suncoast CU
Tampa, FL

Email juli.lewis@lscu.coop for specific locations and times if interested.
By using programs like the National Endowment for Financial Education’s High School Financial Planning Program (NEFE), Mad City Money Reality Fairs, seminars and workshops, the LSCU brings easily executable programs to credit unions of all sizes which, in turn, provide free financial education to teachers, students and adults across the Southeast.

The Foundation also offers the Financial Fitness Tournament.

For information on bringing financial literacy training to your credit union, contact the SECUF Director.

Congratulations to all of our 2019 Financial Fitness Teams. After our live competition, here are the standings:

LSCU Champion Team: Sardis High School (AL)
2nd place: Demopolis High School (AL)
3rd place: Key West Collegiate Academy (FL)
4th place: MacArthur High School (FL)

   

Alabama: Sardis High School (sponsored by Family Savings Credit Union) & Demopolis High School (sponsored by Naheola Credit Union)

 
Florida: MacArthur High School (sponsored by SUN Credit Union) & Key West Collegiate Academy (sponsored by The Weekly Newspaper and coached by Keys Federal Credit Union)

Get involved in our 2020 Financial Fitness Tournament! Email juli.lewis@lscu.coop for details or to schedule a FFT simulation in your area for the Fall!

2017-2018 & 2018-2019 School Year Financial Education Stats

State# of K-College PresentationsU.S. State Ranking for PresentationsTotal # of Students ReachedU.S. State Ranking for Students Reached
2018-2019
Florida
934751,5095
2017-2018
Florida
5741131,3278
2018-2019
Alabama
1121819,34812
2017-2018
Alabama
76222,38226

Make sure that your credit union is represented in the financial education space! Track your presentations and students reached and plan for the next NYIB conference in your budget (July 2020).

Visit nyib.org and go to “Reporting.” Presentations may be reported at any time, with a deadline of June 30! You may also email your numbers to SECUF Director, Juli Lewis if you are not able to input through the NYIB website.

Cash Hash

2019 Cash Hash Sponsor

Join us on the last Thursday of each month for a fun, informative, and FAST info session on money topics that are top of the list for students and young adults! There’s no cost but lots of reward…plus you may even win a $50 VISA gift card!

Click here for the 2019 schedule!

Money as you grow website now on the CFPB site:

NEFE’s Smart About Money (SAM) 

  • Have the family make a SMART goal for a vacation, or even the child’s birthday party using this worksheet (give parents talking points that when a child asks for a toy at the store that they can remind him/her about this goal and that they as a family are choosing to save their money for the goal rather than buy the toy)
  • Use the mindful spending worksheet to have parents complete with their child to start the conversation about something the child might want for their birthday/holiday.
  • Share this article on how to teach kids the value of money, which includes activities and conversations for different age groups.
  • Budget resources
     Online budget wizard
     Budget worksheet
  • Self-paced courses for parents to complete, or to do as a family with children, to learn money basics or to make specific financial decisions, such as making a family transportation plan.


Mad City Money Reality Fairs

Mad City Money is a hands-on, real-life simulation that gives young people the opportunity to experience their futures in a fun and exciting way. They are encouraged to make healthy and wise lifestyle choices similar to those that adults face on a daily basis.

During the simulation, students assume they are 25 years old and they are the primary or sole support of their household. They may work individually or with a partner (but if working with a partner, they must agree on all decisions).  Some have children that they must consider in their decision making. After being assigned an occupation and monthly gross income, participants make routine deductions at a variety of life stations.  Using sample checks and registers, they learn how to record and manage their bank accounts.

Mad City Money is an easy exercise for credit unions and chapters to provide for local students that will give them real-world experience with money. Financial education for young people is vital to their success in the future.  Learning about money and economics is an important life skill.  Contact Juli if you would like more information.


Financial Reality Fairs

Now, more than ever, young people need our help to learn how to skillfully plan a budget, save for the future and invest with confidence – before money management becomes a struggle. This is critical to their abilities to become financially healthy and fulfill their passions and goals.

In 2016, CUNA Mutual Group worked with the National Credit Union Foundation to deliver 20 Financial Reality Fairs for high school students across the country. The series resulted in 40 credit unions reaching 5,000 students in nine states. Through these fairs, students learned how to maintain and improve their financial health and experienced all of the opportunities and benefits credit unions can provide. The financial health and education of the next generation is an ongoing investment that we are committed to building. We’re continuing to engage and interact with young people to boost their financial literacy, and we hope our peers – credit unions, leagues, financial advisers, teachers and friends – will join us.

Help us reach new members  by watching and sharing this financial literacy video, and then get involved by contacting the National Credit Union Foundation or your state credit union foundation to host a fair. Together, we can make a difference.

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Reality Fair Volunteer Training

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Discover Additional Financial Education Resources & Reporting through NYIB!

Cash Hash

Cash Hash August 2019

Cash Hash June 2019

Cash Hash May 2019

Cash Hash April 2019

Real Solutions

REAL Solutions® works with LSCU to provide credit unions the tools to make a difference in the financial lives of members, families and communities.

REAL Solutions builds member and consumer financial capability by offering toolkits for product development, credit union financial counseling certification, experiential learning programs (Reality Fairs, Retirement Fairs, and Life Simulations), planning/coaching, and speaking/training.

For more information, visit the National Credit Union Foundation website.