"Welcome to the Real World" Positively Affects Youth Financial Management Skills, Knowledge, and Attitudes
What skills do youth need to succeed in the "real world"? This article describes "Welcome to the Real World," an active, hands-on program where youth participants explore career opportunities and make lifestyle and budget choices similar to those faced by adults on a daily basis. Participants choose a career, save 10% of their take-home pay, learn skills needed to manage finances, write checks and balance a checkbook, and explore alternatives that would help balance a budget. This program positively influences the financial management skills, knowledge, and attitudes of youth as they prepare for success in the "real world."
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Spencer, M., Petty, B., Stimpson, J., & Dees, L. (2003). "Welcome to the Real World" Positively Affects Youth Financial Management Skills, Knowledge, and Attitudes. The Journal of Extension, 41(2), Article 22. https://tigerprints.clemson.edu/joe/vol41/iss2/22