Real Money, Real World. Youth Financial Literacy Program.
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Date
2015-05-06
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Publisher
Ohio State University. Office of Outreach and Engagement
Abstract
Ohio State University Extension has gained recognition state-wide for this community-based financial literacy program. RMRW has been underpinned by peer-reviewed curriculum since 2005. The latest revision was adopted in 2013. The program brings together the local business community, schools, and OSU Extension to provide youth, ages 12-19, a hands-on learning experience on budgeting money in the role of an adult paying for monthly living expenses. Youth also explore how career choice impacts future income.
Description
IMPACT. 1: In 2013, an estimated 145 RMRW events were provided to nearly 20,000 youth in Ohio. -- 2. Results using surveys from the 2013 curriculum include: 76.5% of youth believed that participating in RMRW gave them a much better idea of what is involved in earning, spending, and managing money. -- 3. 72.5% of youth indicated they believed RMRW participation will help them a lot in their future.
OSU PARTNERS: College of Food, Agricultural, and; Environmental Sciences; OSU Extension
COMMUNITY PARTNERS: The use of the 2013 Real Money. Real World. youth financial literacy program has expanded to 69 of the 88 counties in Ohio. The State Treasurers Office supports RMRW use and is promoting it to public schools throughout Ohio. The Ohio Department of Education partners by raising awareness of RMRW and encouraging its use.
PRIMARY CONTACT: Kathy Michelich (michelich.1@osu.edu)
OSU PARTNERS: College of Food, Agricultural, and; Environmental Sciences; OSU Extension
COMMUNITY PARTNERS: The use of the 2013 Real Money. Real World. youth financial literacy program has expanded to 69 of the 88 counties in Ohio. The State Treasurers Office supports RMRW use and is promoting it to public schools throughout Ohio. The Ohio Department of Education partners by raising awareness of RMRW and encouraging its use.
PRIMARY CONTACT: Kathy Michelich (michelich.1@osu.edu)
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Citation
Engaged Scholars, v. 3 (2015).