November 18, 2024
Powercat Financial and Meritrust Credit Union empower K-State athletes with financial literacy
Submitted by Powercat Financial
Powercat Financial peer counselors recently collaborated with Meritrust Credit Union to create an interactive simulation, "Reality Store," specifically designed for student-athletes. This simulation provided student-athletes with a hands-on opportunity to confront some of the post-graduation financial decision-making.
During the simulation, students were assigned a career with a corresponding salary. Students then visited various stations to make decisions on essential aspects of post-grad life, including child care, housing, transportation, insurance, utilities, entertainment, food and more.
This experience allowed students to understand the impact of their choices on their overall budget. By navigating these realistic scenarios, students were able to see the true cost of post-graduate life, emphasizing the importance of budgeting to maintain financial stability.