LEWISTON — On March 25, the Norm Nolette Chapter of Credit Unions, with support from the Jeannette G. Morin Chapter of Credit Unions, presented its 12th Annual Financial Fitness Money Management Experience at the Lewiston Recreation Department.
Nearly 225 students from area high schools participated in this year’s event, which was the first Financial Fitness Fair established by Maine’s credit unions back in 2004. Since then, nearly 150 fairs have taken place across Maine and more than 25,000 high school students have participated in one of the fairs.
Students from Edward Little High School in Auburn, Lisbon High School, Monmouth Academy, Oak Hill, Saint Dominic Academy in Auburn and Spruce Mountain High School in Jay attended.
The Financial Fitness Money Management Experience is a half-day event during which students receive a scenario packet of their life at age 22, which includes their occupations, income and credit history. From there, students have to map out their financial future, from financing their housing to purchasing food and clothing.
Jon Paradise, vice president of governmental and public affairs for the Maine Credit Union League, said it’s an effort to help students understand the importance of making smart financial decisions at any age.
Representatives from Atlantic Regional FCU, Five County CU, Midcoast FCU, Central Maine FCU, Community CU, Great Falls FCU, Lewiston Municipal FCU, Maine Family FCU, Monmouth FCU, Otis FCU, Oxford FCU, Rainbow FCU, Sabattus Regional CU and the Maine Credit Union League have helped to organize the event.
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