Real Money. Real World. (RMRW) is a financial literacy program that gives youth the opportunity to make lifestyle and budget choices similar to those they will make as adults. The curriculum includes five classroom lessons geared toward 7th – 12th graders. In the simulation, students assume the role of a 27-year-old married adult and receive an occupation, monthly salary, and a number of children. Students learn to subtract savings, taxes, and health insurance costs from their monthly income. The amount of money left over is what they have to spend during the simulation activity. The simulation involves community volunteers staffing real-life business booths. Students spend their salaries at the booths on items typically found in a monthly budget.
For information about the program across the state, please visit http://realmoneyrealworld.osu.edu/home
Real Money Real World Simulation Volunteer Training Video