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TEACH STUDENTS MONEY EXPO 2022 POST EVENT REPORT THIS PROGRAM WAS FUNDED IN FULL OR PART BY ORANGE COUNTY FLORIDA
ABOUT TEACH STUDENTS MONEY EXPO Teach Students Money Expo is an experiential learning program for grades 7 12 students that combines high energy interactive sessions to educate students on realworld financial life skills Through this Real World simulation students move to a new city EightVille and assume the role of 28 year olds in Central Florida who are provided a credit score and monthly salary for their chosen education and career and family scenario Students must visit each storefront and make decisions concerning their standard of living e g a one bedroom apartment versus a three bedroom home and prioritize needs versus wants to adapt to life s complications without permanent consequences The simulation represents actual businesses in the community and a host of volunteers that operates 20 storefronts Students spend their salaries on items typically found in a monthly budget by visiting the appropriate storefront including housing utilities groceries insurance childcare and transportation Like all adults students must keep track of their finances throughout the timed activity and attempt to complete the simulation with a positive balance Students sit down with a financial counselor during the post simulation lesson to reflect on their experience and review their financial decisions 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 02
Morgen Peters Apopka High School 2022 County Coin Commissioner s Report BY THE NUMBERS 327 189 64 Overall Attendees Total Students 4 Bachelors Bachelors 3 Entrepreneur 2 Trades Trade 56 20 16 1 HS Diploma 8 0 25 50 75 100 Financial Simulation Career Track Students who selected the trade vocational career track out earned fellow students with a bachelor s degree by 15 The biggest factor among students with a bachelor s degree was the payment of student loans All jobs used within the simulation were based on current openings as of March 2022 96 LMI Neighborhoods Students scenarios were based on the path chosen by their educational aspirations Their education level influenced their careers monthly income and quality of life the top earners Trades Vocation of students that chose a high school diploma begged for a higher education and better paying jobs 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 03
STUDENTS CHOICE Within the exit survey student s biggest takeaways and the most exciting activities were What was your favorite booth store 1 HOUSING BOOTH 2 SAVE 8 LOT GROCERY 3 BANK ON ORLANDO THE REAL DEAL MCCOY REALTY ORANGE COUNTY ALUMNAE DELTA SIGMA THETA HEART OF FLORIDA UNITED WAY What were your biggest Learning Moments BANKS TAXES CITY NATIONAL BANK AND JP MORGAN CHASE A T TAX TEAM I figured out that a good credit score is what you need for EVERYTHING Even little things like a car you definitely need a good credit score Resident 8045 Jones High School Why don t we take about taxes I had no idea taxes are taken out from your paycheck and you have to pay them again once a year That s wild Resident 8132 Dr Phillips High School 07 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 04
TOP EXPO ENTREPRENEURS For the second year in a row the Orlando MBDA Business Center and newest partner 3D Strategetic Management Inc mentored students interested in entrepreneurship as a career As an entrepreneur in EightVille student residents developed a business pitched their ideas to investors sold their products and services and used their net profit to make a living in EightVille From the 62 students that selected entrepreneurs as a career track the Orlando MBDA Business Center selected the top five students with the best overall business idea market innovation and creativity in creating a new business The top winners were recognized by all attendees and received the opportunity to continue developing their businesses and make their entrepreneurial dreams a reality Of the five finalists the grand prize winner Neha Jain a senior at Dr Phillips High School received a six week internship with the U S Department of Commerce and a 600 summer stipend Students quickly realized that money does not magically appear as an entrepreneur and grit is required if you want to sustain self employment Our survey results concluded 72 81 of entrepreneurs asked for part time jobs citing their income was unstable of entrepreneurs will consider self employment as a viable career path 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 05
STUDENTS RESIDENTS SAID The housing store told me you should only spend about 25 percent on certain things helped a lot Knowing that there is a difference between needs and wants Sarah Scott 9th grade Seminole High School The best information I learned at the expo about finances was how to deposit and save money in your bank account Alex Santos 11th grade Colonial High School The expo changed how I see money by teaching me how much it means to save your money and be smart with it Keisha Jones 8th grade Memorial Middle I really appreciate my parents way more and understand that they really don t have money when they say they have no money Rico Jones 10th grade Apopka High School This Expo has changed the way I view money because it helped me look in different perspectives on how I should invest in stocks and real estate Matt Washington 7th grade College Park Middle School No disrespect to Taco Bell but that salary did nothing for me I am grateful to Valencia College for allowing me to go back to school and get a better paying job It s hard being broke and poor I rather save money and have a better lifestyle Ja Ron Mitchell 7th grade Carver Middle Why are kids so freaking expensive Daycare should not be that much for real Top Keywords from Survey banking 145 credit scores 121 Kanyon Williams Woods 11th grade Freedom High School housing 106 save 95 taxes 92 jobs 90 income 89 invest 85 expensive 76 health 63 better 60 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 06
EXPO HIGHLIGHTS STUDENT RESULTS 99 of students learned a new financial life skill 91 of students set new financial goals at the expo 75 of students want to start money conversations with their parents after the expo PARENT RESULTS 89 of parents want to come back to next year s expo 44 of parents attended parent workshops while 52 remained with their students in EightVille 57 of parents were proud yet surprised by their student s financial knowledge and decisions COMMUNITY RESULTS 91 of vendors and volunteers want to come back and participate in next year s expo 83 of vendors and volunteers want more interactions with students and parents 80 of all attendees wanted a bigger space TAKEAWAYS FOR THE HOST COMMITTEE I want to invite my entire school next time and don t know if we will fit into the space After the game began I realized I needed more information about the other areas For example it would be great to have a map of Eightville The lines were long at the career center and banking centers Can we have more time with the banks and colleges I left the expo wanting to know more and open accounts But I did not know how to do that 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 07
OUR VENDORS 3D Strategic Management Orange County Alumnae Delta Sigma Theta A T Tax Team Orange County Public Schools Career Children s Home Network Pathways Internships NAF City National Bank Orange County Citizens Commission for Collaborative Efforts Youth and Children Family Services Orlando Alumnae Delta Sigma Theta Enterprise Holdings Orlando MBDA Business Center Equal Ground Orlando Technical College South Campus Heart of Florida United Way Orlando Utilities Commission JP Morgan Chase Bank Seaside Bank and Trust McCoy Real Estate True Health New York Life Valencia College Bridges to Success Program Nu Iota Omega Alpha Kappa Alpha Oracle 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 08
Watch our expo replay and testimonial videos THIS PROGRAM WAS FUNDED IN FULL OR PART BY ORANGE COUNTY FLORIDA
EightVille Returns on APRIL 1 2023 8 CENTS IN A JAR 2022 TEACH STUDENTS MONEY EXPO RESULTS 09