CT Financial Reality Fair

Reality Fairs teach financial lessons to students

Moran/Nixon

Posted by

April 1, 2014

The Moran/Nixon Chapter Reality Fair will be held at the Central Connecticut State University, on Monday, March 31, 2014. If you would like to participate, please contact Andrew Klimkoski at AndyK@AchieveFinancialCU.com.

April 30, 2014

The second Moran/Nixon Chapter Reality Fair will be held at Torrington High School, on Wednesday, April 30, 2014. If you would like to participate, please contact Doreen Roy Doreen Roy droy@nwhcu.com.

May 1st, 2013

The second Moran/Nixon Chapter Reality Fair will be held at Torrington High School, on Monday, May 1st, 2013. If you would like to participate, please contact Andrew Klimkoski at AndyK@AchieveFinancialCU.com.

March 26th, 2013

The Moran/Nixon Chapter Reality Fair will be held at the Central Connecticut State University, on Tuesday, March 26th, 2013. If you would like to participate, please contact Andrew Klimkoski at AndyK@AchieveFinancialCU.com.

March 26th, 2012

The Moran/Nixon Chapter Reality Fair will be held at the Central Connecticut State University, on Monday, March 26th, 2012. If you would like to participate, please contact Andrew Klimkoski at AndyK@AchieveFinancialCU.com.

The Moran-Nixon Chapter credit unions started and ended the Spring Fair season in 2011 with two separate Fairs. The first Connecticut Fair of spring was at Central Connecticut State University in early March. The Fair planners tried a new strategy, offering an EZ Loan booth option where students could get easy money at high interest rates. The experiment turned out to be a success, with students buzzing about “staying away from the slick guys that steal your money”. The last Fair for the 2010-2011 school year was held at Torrington High School, which hosted students from schools throughout northwest Connecticut.

Did students learn? Hear are some student comments from these Fairs:

Be careful and smart about what you buy.
Pay double your minimum credit card payment to pay it off early.
I learned how long it takes to pay off your credit card!
Whenever you get extra money put it toward your debt.
Satisfy wants, not needs.
The Fair showed it’s very difficult to handle money.
I learned how much credit scores affect the amount of interest you end up paying.
The Fair made me realize how many different types of expenses there are.
Pay off creditors and build a good credit score.
How to budget.
Get a roommate!
I should pay cash and not depend upon credit all the time.
Pay myself first – open a savings account.
Avoid lots of debt.
Buy what you need until your debts are paid off. The Fair helped me learn about money management.

93% of students said the Fair experience will change the way they save and spend money.

99% of students said it is important or very important to save money on a regular basis. With current US savings trends below 3% of population saving this reflects a significant impact the Financial Reality Fair is having on the way students view handling money.

Add A Comment