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
  • NWS-PT072514-Begindergarten-BCM Focus on kids: Data shows rising poverty, but better education Indiana and Cass County children are making improvements in education, but the poverty rate still stays high, according to national data. The Annie E. Casey Foundation 2014 Kids Count Data Book released its annual evaluation of the nation’s children

    July 25, 2014 1 Photo

  • Residents oppose proposed gravel pit in Walton

    WALTON — Engineering Aggregates Corp. wants to dig a gravel pit, and residents around the proposed site are worried that it would interfere with what several called a peaceful country lifestyle. Engineering Aggregates has petitioned the Cass County B

    July 25, 2014 1 Link

  • NWS-PT072514 Billeaud Mug Guilty verdict in flag beating A Logansport man was found guilty in a jury trial Wednesday on counts of felony battery after an altercation in which he was charged with beating a man with a board holding an American flag.Jeffrey Billeaud Jr., 39, was found guilty of battery by mea

    July 25, 2014 1 Photo

  • NWS-PT072514 Patacsil-kmv Logan coaching legend Patacsil dies at 86 Logansport and Purdue University lost a giant among sports leaders Wednesday. Former Purdue great and former Logansport High School wrestling coach and educator Joe Patacsil passed away in his home.When his sons were leading the Berries wrestling pro

    July 25, 2014 1 Photo

  • Burlington woman charged in May fatal crash KOKOMO — Police arrested a 26-year-old Burlington woman accused of causing a fatal crash while driving drunk Wednesday.Howard County sheriff deputies served a warrant on Casie E. Johnson charging her with a B felony causing death while operating a ve

    July 25, 2014

  • Robbins Christopher.jpg UPDATE: State Hospital escapee identified

    Police are seeking an escaped inmate of Logansport State Hospital with a history of residential entry and battery.

    July 24, 2014 1 Photo

  • Police Blotter: July 24, 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 24, 2014

  • NWS-PT072414 shrek2.jpg Cast of believers: Children take stage this weekend As almost 50 children and teenagers crowded around the edge of the stage at McHale Performing Arts Center, Dan McDonald counted off: one, two, three... “I believe!”It was the start of tech rehearsal for Junior Civic Theater’s production of “Shrek: Th

    July 24, 2014 2 Photos

  • Higher expenses hurt new farmers The rising cost of farming expenses is making it tougher for young farmers to get into agriculture, according to a national census. The Census of Agriculture released its 2012 data in May, which gave information on the scope of American farming.The s

    July 24, 2014

  • Peru dam [Duplicate] Who should fix the Peru dams? PERU -- Who has jurisdiction over six dams located in the Hidden Hills housing addition just north of Peru, the Indiana Department of Natural Resources or the people who own the land? It's a question with a lot riding on it -- more than $1.5 million,

    July 24, 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
Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase Obama Seeks Limits on US Company Mergers Abroad Large Family to Share NJ Lottery Winnings U.S. Flights to Israel Resume After Ban Lifted Official: Air Algerie Flight 'probably Crashed' TSA Administrator on Politics and Flight Bans Raw: National Guard Helps Battle WA Wildfires
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

The Pence administration continues to cut Indiana agency budgets despite a state surplus of $2 billion. Is this wise management of state funds?

Yes
No
Not sure
     View Results
eEdition