Pharos-Tribune

Local News

October 21, 2013

Program teaches students about money in the real world

Credit union makes financial literary materials available to teachers.

Through Beacon Credit Union, a financial literacy program has been made available to county teachers at no charge. Called Banzai, the program teaches high school and middle school students financial concepts through real-life scenarios.

It aims to provide solutions that students will need post-graduation.

In the program, students are given a job, a checking and savings account, and are given paychecks as well as days to get gas, go to concerts and go out to eat.

Diann Vernon, of Century Career Center in Logansport, has had experience using the Banzai program.

“Some students don’t keep track of what they spend with debit cards and just look at online statements,” Vernon said. “They don’t realize what is posted online isn’t necessarily what’s actually there. The program goes through that.”

Shelby Schuh, of Beacon Credit Union, said there is both an online and booklet component to the program. Beacon Credit Union pays for the program and makes it available for any teacher who wants it in the classroom, Schuh said.

“To my understanding, financial literacy is not a requirement in the classrooms,” Schuh said. “The program teaches basic skills about keeping a budget and why it’s so important. We’re very excited to be providing that.”

Most, if not all, states have financial literacy built into their education system curriculum, but with tight budgets at schools, it’s hard for teachers to have proper materials for teaching finance skills, said Kevin Peterson, communications and media specialist for Banzai.

“Providing information and materials for free to teachers will help,” Peterson said.

Vernon usually uses the program once a year, around February. Beacon Credit Union sponsored Vernon’s class and purchased work books for the students. A representative from Beacon Credit Union also came and gave a presentation to the class, Vernon said.

Text Only | Photo Reprints
Local News
  • Police Blotter: July 31, 2014 Have a tip? Anyone with information on a crime is encouraged to call Crime Stoppers at 800-222-TIPS. Information leading to an arrest or conviction could lead to a reward of up to $1,000.

    July 31, 2014

  • NWS-PT073114 Hopper2.jpg The right track: Logansport boy advocates railroad crossing safety

    It's not uncommon to see 12-year-old Ethan Hopper sitting in a lawn chair near his father's business on 18th Street in Logansport, his cell phone pointed at a locomotive heading down the nearby tracks. The engines make up a fascination modern technol

    July 31, 2014 2 Photos 1 Link

  • Cass Co. Community Foundation eligible for grant

    The Cass County Community Foundation is eligible to receive half a million dollars from Lilly Endowment Inc. as a matching grant at some point over the course of the next couple of years.Lilly Endowment announced the sixth phase of its Giving Indiana

    July 31, 2014

  • Locals: EPA delay request too late Logansport officials say while they appreciate a state executive’s request to delay new rules on coal power plants, its timing still requires pursuing a new power plant for the city.The U.S. Environmental Protection Agency published last month its Cl

    July 31, 2014

  • Supreme Court observers predict ‘wide open’ process of picking of next chief INDIANAPOLIS — State Supreme Court Chief Justice Brent Dickson surprised observers in June when he decided to step down after a brief tenure in the leadership post.Another surprise may be in store when his replacement is named.A seven-member panel of

    July 31, 2014

  • Police Blotter: July 30, 2014 Have a tip? Anyone with information on a crime is encouraged to call Crime Stoppers at 800-222-TIPS. Information leading to an arrest or conviction could lead to a reward of up to $1,000.

    July 30, 2014

  • Pence pushing Medicaid alternative during DC trip INDIANAPOLIS (AP) — Indiana Gov. Mike Pence is heading to Washington to seek federal approval of his proposed state-run alternative to traditional Medicaid in order to expand health care coverage for low-income residents. The governor's office says P

    July 30, 2014

  • Area could see higher healthcare premiums Individual premiums for healthcare under the Patents Protection and Affordable Care Act could go up in counties with poorer health, according to a Ball State University study.The study said counties with poor health, specifically high diabetes incide

    July 30, 2014

  • NWS-PT072914 Voting2.jpg Round 2: Deadlines approach to file for November election Openings are filling up as deadlines to file approach to run for local town councils and school boards.Up for election this fall are town council seats in Royal Center’s districts No. 2, 3 and at large and at large in Walton as well. The filing deadl

    July 30, 2014 2 Photos

  • NWS-PT073014 Hickman.jpg Two arrested in purse-, wallet-snatching spree

    MONTICELLO — Two were arrested late last week in relation to a string of purse and wallet thefts from shopping carts in local department stores. Lindsey R. Hogg, 22, Monticello, and Rachel D. Hickman, 23, Burnettsville, were arrested by the Lafayette

    July 29, 2014 2 Photos

Featured Ads
More pharostribune.com
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP Video
Florida Panther Rebound Upsets Ranchers Small Plane Crash in San Diego Parking Lot Busy Franco's Not Afraid of Overexposure Fighting Blocks Access to Ukraine Crash Site Dangerous Bacteria Kills One in Florida Workers Dig for Survivors After India Landslide Texas Scientists Study Ebola Virus Smartphone Powered Paper Plane Debuts at Airshow Southern Accent Reduction Class Cancelled in TN Raw: Deadly Landslide Hits Indian Village Obama Chides House GOP for Pursuing Lawsuit New Bill Aims to Curb Sexual Assault on Campus Russia Counts Cost of New US, EU Sanctions 3Doodler Bring 3-D Printing to Your Hand Six PA Cops Indicted for Robbing Drug Dealers Britain Testing Driverless Cars on Roadways
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Poll

Should the U.S. impose a travel ban on three West African nations in response to a growing Ebola virus outbreak?

Yes
No
Not sure
     View Results
eEdition