BOSTON (7/17/15)--For the second straight year, a handful of credit unions sponsored a financial literacy fair for Massachusetts House and Senate legislative interns this week.
The annual “Scholars and Cents, A Reality Fair for State House Interns” is a daylong program that aims to teach participants how to be fiscally responsible decision makers (Daily CU Scan July 15).
The event was sponsored by City of Boston CU; Mass Bay CU, South Boston; and Metro CU, Chelsea.
Roughly 70 interns participated in the event, which included a Reality Fair in which students were asked to contend with simulated real-life experiences through the lens of fabricated financial profiles they were given at the start.
The aim of the event is to teach the participants about budgeting and financial decision making.
The day also featured two presentations in a legislative hearing room about identity theft and the concepts of credit and money management.
Robert Siciliano, personal security and identity theft expert, and Matt Paradise, education and outreach team leader and trainer for American Consumer Credit Counseling, gave the two presentations respectively.
Participants also heard from state Treasurer Deborah Goldberg, who talked about the importance of financial literacy for all ages and spectrums. Goldberg also held an engaging discussion with the interns about what they had learned from the program.
In addition to the sponsoring credit unions, the event was organized in collaboration with the Senate Office of Education and Civic Engagement, the House of Representatives Committee on Personnel and Administration, the Office of the Treasurer and Receiver General of Massachusetts, American Consumer Credit Counseling, Enterprise Car Sales and the Cooperative Credit Union Association.