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Updated 05/05/2009 03:47 PM

Students learn reality of personal finance

By: Web Staff

Students learn reality of personal finance
BROOME COUNTY, N.Y. -- Union-Endicott High School juniors and seniors got a dose of reality Tuesday during the Reality Expo. It's an event designed to give high schoolers a look at personal finance.

The students were given different jobs and salaries and asked to make a balanced budget, including expenses like rent, car payments and groceries.

U-E partnered with Visions Credit Union in hopes that the teens will learn to make smart financial choices.

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"Choices like housing, what car they're going to buy, student loan payments and how everything that they choose in life after they get out of school is a deduction from their monthly salary," said Jane Searles of Visions Credit Union.

"With this event, there were a lot of things that were unexpected, my grocery bill especially, spending money on my week and month, going out and things like that," said Anthony Espe, a senior at U-E.

Most students ended up running out of money before they reached their final station and had to go back and rebalance.