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: April 19, 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.

    April 19, 2014

  • UPDATED: Logansport HS teacher arrested on child seduction charge

    A Logansport High School teacher was arrested Thursday on a charge of child seduction.

    April 18, 2014

  • Police blotter: April 18, 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.

    April 18, 2014

  • NWS-PT041814 LC50 cords.jpg 50 years later WALTON -- Dean "D.A." Zehring graduated from the current Lewis Cass High School, but he never attended classes there. It's one of the unique characteristics of the graduating class of 1968, the first class to complete all four years of high school un

    April 18, 2014 3 Photos

  • Caston considers Logan bus stop FULTON -- Caston Schools administrators are considering establishing a bus stop a few miles outside its boundaries on the north side of Logansport. The school board recently discussed the feasibility of adding a bus stop for students transferring fro

    April 18, 2014

  • mushroom Parks let mushroom hunters forage off-trail INDIANAPOLIS - Rain that pounded Brown County State Park in early April dampened the number of hikers and mountain bikers in Indiana's largest state park, but foragers of the property's 15,000 acres of forest welcomed the weather. With the arrival o

    April 18, 2014 1 Photo

  • Police blotter: April 17, 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.

    April 17, 2014

  • NWS-PT041714 G.jpg Sign of support: Class meant to connect hearing-impaired family members Jordanna Dishner-Rush gestured forcefully to a coat rack hanging in the back of the meeting room at the Logansport Library. She was trying to use just hand motions — no speech — to get the other women to guess the secret word she'd been given. Dishne

    April 17, 2014 12 Photos

  • Logansport graduation rate rises again Logansport High School's graduation rate jumped almost 2 percentage points to 92.9 percent in 2013, data released Wednesday show. The Indiana Department of Education released graduation data for the 2012-2013 school year Wednesday. The data show that

    April 17, 2014

  • NWS-PT041714 Mustangs.jpg Local dealer celebrates the Mustang Fifty years ago today, the Ford Mustang was introduced to the public at the New York World's Fair. Now, six of them will be on display for the next few weeks at Rick's Auto Sales in Logansport celebrating what the business owner says is a half centur

    April 17, 2014 1 Photo

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
Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest
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 mushroom hunters be allowed to forage off-trail in Indiana state parks?

Yes
No
Undecided
     View Results
eEdition