Children First: 8th graders take on real world budgeting - KOTA Territory News

Children First: 8th graders take on real world budgeting

Posted:

Call it 13 going on 25, a group of local middle school students get hurdled into adult life for a day.

The goal: a reality check about budgeting and being money smart before they enter the world.

"I'm a construction worker and I get $3,963 dollars a month," also known as Johnny Caruso, an 8th grade student at North Middle School.
 
"I'm in Education and I get $1,964 dollars a month," who also goes by Sara Feliz, an 8th grade student at North Middle School.
 
They both are now adults living on a budget.
 
"Not just buying what you want, but you need to buy things that you need," says Caruso.
 
And the things they need are really adding up.

"That's a lot more money, when you add everything together, than I thought it would be," says Caruso.
 
"You have to work hard and save money instead of spending it," says Feliz.
 
So these two are moving in together.
 
"I'm rooming with my friend and she's helping out with the bills and having an apartment. We're splitting the car bill," says Caruso.
 
Ways of budgeting and saving money that work for many of us in the real world.
And ways the two North Middle School students are learning through the program put on by Partnership Rapid City.

"They are issued a salary, and they get to go around to different stations to purchase their needs and wants to make sure they don't spend more than they take in," says Liz Hamburg, Director of Partnership Rapid City.
 
"They need groceries, they need furniture, they need insurance if they buy a car have a house," says Event Coordinator for Partnership Rapid City, Cindy Christianson.
 
Then there are those curve balls.
 
"They also get a real life event, and some are positive, and some aren't so positive," says Christianson.
 
"I have an eating disorder; I have to pay $120 a month for treatment," says Feliz.
 
"My life event is that I have a credit card bill, so that's like $100 a month," says Caruso.
 
These are lessons many of us can apply no matter what life holds for us.
 
"I'm pretty sure a lot of kids here, this will help them in the future," says Caruso.

Representatives with Partnership Rapid City say the scenario is perfect for students in eighth grade because their salary depends highly on the level of their education they draw, drawing a direct connection between school and real life.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Rapid City council unanimously approves city-wide texting while driving ban

    Rapid City council unanimously approves city-wide texting while driving ban

    This approval makes texting behind the wheel a primary offense, meaning officers do not have to have another reason to pull you over.
    This approval makes texting behind the wheel a primary offense, meaning officers do not have to have another reason to pull you over.
  • Gillette man killed in one-vehicle rollover accident

    Gillette man killed in one-vehicle rollover accident

    A Gillette man is dead after a one vehicle accident near Buffalo, Wyoming. For unknown reasons, 77-year-old Raymond Schwindt lost control of his Jeep Wrangler on Interstate 90 east of Buffalo, smashing into a guard-rail causing it to cartwheel one and a half times before landing in the opposite lane. The accident remains under investigation.
    A Gillette man is dead after a one vehicle accident near Buffalo, Wyoming. For unknown reasons, 77-year-old Raymond Schwindt lost control of his Jeep Wrangler on Interstate 90 east of Buffalo, smashing into a guard-rail causing it to cartwheel one and a half times before landing in the opposite lane. The accident remains under investigation.
  • Chronic illness has Rapid City woman in need of 2nd kidney transplant

    Chronic illness has Rapid City woman in need of 2nd kidney transplant

    Chronic illness has Rapid City woman in need of 2nd kidney transplant

    A chronic illness has a Rapid City woman in need of a second kidney transplant. Woope Claymore has a disease called lupus. It's a chronic inflammatory disease that affects various parts of the body. The disease is attacking the kidney she received in a transplant several years ago from Rapid City resident Jim White. Now she needs a second kidney transplant.
    A chronic illness has a Rapid City woman in need of a second kidney transplant. Woope Claymore has a disease called lupus. It's a chronic inflammatory disease that affects various parts of the body. The disease is attacking the kidney she received in a transplant several years ago from Rapid City resident Jim White. Now she needs a second kidney transplant.
Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.