Local youth are encouraged to attend a free educational event in Richmond on Monday called Mad City Money, which intends to simulate the realities of financial independence.
The unique program sponsored by Travis Credit Union simulates real life financial decisions that teenagers will face as they enter adulthood.
The event runs from 12:30 p.m. to 4 p.m. at Richmond Police Activities League headquarters at 2200 Macdonald Ave. Students between ages 14 and 20 who want to participate can sign up online here.
After securing an occupation and salary, students will learn how to budget for housing, transportation, food, household necessities, clothing, daycare and other wants and needs. They will also be asked to visit merchants in Mad City in order to make personal budget decisions, including a car dealer, banker, entertainment venue, grocery store/restaurant, home store, childcare, the mall, realtor, credit union and clothing/accessories store.
Students will also occasionally be thrown one of life’s curve-balls, such as an unplanned expense, or an unexpected windfall.
Snacks, raffles and prizes are included at the event.