It's that time again....
I have an 8th grader this year, and it's October...
So, it's time for:
I
blogged about this 6 years ago, too, when it was my oldest's (and my) first experience with Reality Town. I decided to volunteer at it whenever I have a child in the 8th grade - so, I volunteered 3 years ago with Kyle, too, but sadly, there's no blog post to reference. I did it again yesterday for Haylee, as well.
Reality Town is a program that provides students with a hands-on simulation in which they make lifestyle and budget decisions, as they take on careers, salaries, families and associated responsibilities of the adult world.
Students come to Reality Town dressed up and are given a career and salary based on their current GPA. They are also given a "life scenario" with a family situation and the assignment to pay all the bills of the month. They are expected to live within the means of their monthly income.
At the end of Reality Town, students [
are suppose to] reflect on the experience. Did they save or lose money? Is this how they'd really live? How does education correlate with income? This program is a great way to teach students the importance of how the choices they make NOW can affect them LATER. It also gives them hands on skills in budgeting, math skills (although they let them use calculators), and determining priorities. Six years ago, the students actually practiced the skill of check writing to pay for their expenses, but now they just "pretend" they did or use their "invisible debit card" and jot down the expense in their ledger and keep a running balance. (This is not offered at all schools, we are really lucky to have this program at ours.)
If they run out of money, they have to go to "Financial Counseling" or visit the "Supplemental Income" booth where they can get a part-time job that would realistically work with their current schedule. They can also join the military (and get some more income), but at this Reality Town, they had the military people all doing MANY push-ups at one end of the gym to make it [kinda] the real deal.
That "Just my Luck" booth you can see in the background was required for them to visit. They spun a wheel, and a scenario came up; got a flat tire, furnace broke, someone gets sick, get an inheritance check, drop your cell phone in the toilet, get in a car accident, etc. that they were face with - just like real life!
Haylee's career was a Music Therapist.
(What? How did THAT happen when she doesn't even practice her piano???) Her "spouse" did not have a job because he was a disabled veteran with one leg. They only get a couple hundred dollars from the Army due to his disability status. (tough luck!) They have two children; an 8 yr. old and a toddler. It was super fun for her....until she started to get stressed with everything she had to buy on her finite income. ;) Ya gotta love the reality checks!
I worked at the "Property Taxes" booth in this years' Reality Town. They had to buy their housing first, then come to me and we figured out what they would owe in property tax based on their house/condo/trailer/apartment/parents' basement. (The higher the value of their housing, the higher their property taxes).
We weren't very far into the experience when I notice one guy was already lying down on the park bench that was set up in the middle of the "town." We joked that he's already decided to be homeless and bypass the cost of housing and associated taxes! ;)
These "adults" who came to me and were renting apartments or who lived in their parents basements did NOT owe anything in property taxes - when I told them that, they'd first be surprised, but then acted pretty glad about that little fact. But, then I informed them the reason
WHY was because they didn't
OWN it. And then they didn't look so thrilled anymore. ;)
Here's the "consumers" who I interacted with:
The Frivolous
I honestly was surprised that we didn't have more "adults" buying THE BIGGEST/NICEST/MOST EXPENSIVE house that was offered. I think I only had
ONE person who bought it, but there was another "Tax Agent" at my table who was also helping, so she may have had some, too?
But, we still did have some who were buying too much house for their income. Towards the end of the "experience," I did have some come back to me to get a "tax adjustment credit" because they had ended up downgrading their house after their account got into the negative with all their other bills. By doing so, they were able to get $25-40 back as their taxes went down, as well. Although, when one "man" left my table, he was still a few hundred dollars in the negative, so he still had some shaving of expenses to do. Good luck with that, Sir. ;)
The Frugal
I had two different "men" come to me, who were both "well-to-do."
The "Engineer" had only bought himself a trailer house, which only cost him $25 in property taxes. As I looked at his income, I was a bit perplexed, and then I said to him,
"Did you get the trailer, so you could have a lot of money leftover?" He just gave me the
"you got it!" smirk.
*Sidenote: this is the
same boy who kept raising his hand to ask Matt questions last year, when he came to Haylee's class to speak on "Career Day." One of the most entertaining questions was,
"So, if I get a hold of any checks, can I just start writing them for stuff?" He was also asking questions about what "robbery safeguards" are in place at financial institutions! ;) This boy's thinking about HOW to get money!!*
The "Orthopedic Surgeon" didn't even buy a house - he was in an apartment - which resulted in
$0 property taxes. He was beaming when he heard that news! I questioned his decision (he's my neighbor, so I can razz him, right?) and he said he just wanted to be close to the hospital so he can make it to the emergencies in a timely manner - AND SAVE all that extra money!
The Wise-Stewards
There were a few "adults" who came back to visit me towards the end, after they had paid all the necessary bills, and realized they had money left over. They discovered they really could've bought a bigger house, they just didn't want to "chance it" at first.
So, one "consumer" decided to move out of his parents' basement and buy a 20 yr. old 3 BD/2BA house. (SMART choice!) So, he now had to pay property taxes....but he says it's totally worth it!
Another "consumer" was able to ditch his original trailer house to a 20 yr. old house, as well. He said that was a relief!
And, another, who was feeling pretty rich, upgraded from his 20 yr. old house to a 5 yr. old 3BD/2.5BA house.
Now, I asked them (using my "motherly wisdom") if they were
sure they didn't need to use their money for something else. They said they didn't.
What about your donations? I asked them.
Already donated. they replied.
What about your Savings? I countered.
Already got a bunch in Savings. they informed me.
What about sending your wife to the Spa. I reminded them.
Done. they said.
OK, then, I guess you've managed just wonderfully!
The Clueless
There were
A LOT (too many!) who opted to live in their parents' basements. It was the lowest housing option available, after all.
Why were they
choosing this?
In this Reality Town experience, $500/month rent was charged for living in your parents' basement (and
$0 property taxes), but I don't think that reflects reality. In
reality (and the other volunteers there around me were all discussing this, and have made the same observation), I think "mooching" is what is happening
more frequently than rent paying is!
Anyway, in Reality Town, they could've had their OWN place to live for just $150 more per month.
THAT'S TOTALLY WORTH IT!
I asked several of the "adults" if it was OKAY with their parents if they lived with them. They all said,
"YES!" without even thinking about it.
(Ha! They're clueless! Unless parents, these days, don't want their children to grow up and be responsible!??)
One of the living-in-your-parents'-basement "women" is actually in my ward. She assured me it would be OK with her parents. So I told her she better do all the cooking, clean the toilets, mow the lawn, and wash their cars. She said she was paying rent, so she didn't need to. ;) haha. (see what I mean by
clueless!)
I texted her mom (my friend) afterwards:
"FYI, your daughter's planning on living in YOUR basement with her family. haha."
To which she texted back,
"Haaaaa is RIGHT....I don't think so! I guess we're making life a little too cooshie for her. I need to crack the whip."
I'm thinking she better make other plans. ;)
So, if you're in the market for a Music Therapist in the future, give Haylee a call - her bank account will thank you! ;)
(And it will keep her out of my basement!)