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On My Own Simulation Facilitated by Bank On Memphis
Bank On Memphis understands that when it comes to personal finances, education must comes first. That is why we have teamed up with the Family and Consumer Sciences department of The University of Tennessee Extension to bring an interactive financial education approach to young people in the Memphis Metro Area. While we welcome the opportunity to work with all students in Memphis, our efforts our focused specifically on working with students from LMI populations.
What is On My Own?
The On My Own program is an interactive financial simulation designed for youth ages 13-20. Provided by the Family and Consumer Sciences department of The University of Tennessee Extension and delivered by Bank On Memphis staff and volunteers, the program reaches students in and outside of the classroom setting. During the simulation, students become the major income provider for their household which may include a spouse and/or children. Using a hypothetical occupation and income, students work through a month of expenses including housing, utilities, transportation, insurance, food, child care, clothing, entertainment and other expenses resulting from unexpected events.
On My Own teaches financial literacy.
In this time of economic uncertainty, On My Own provides valuable information to the youth of this city. The goal of the On My Own program is to provide students with insight in regard to their future financial health by teaching life lessons basic on their choices. It is expected that young people will realize the connection between personal lifestyle choices and financial well-being and will be able to put that knowledge to practice when they become financially responsible for their own lives
How do I get Bank On Memphis to facilitate this program with my organization?
You can lend your support to this program by contacting Bank On Memphis and ask about the program. Bank On Memphis staff will be glad to discuss with you the ways in which you can support this valuable program. On My Own is appropriate for students ages 13-20 and is aligned with NEFE and Jump$tart Coalition Standards for personal financial education as well as Tennessee Core Curriculum Standards and Tennessee Personal Finance Standards set by the Board of Education.
Contact Information:
If you have further questions or are interested in implementing the program please contact Rachel Newman by phone at 222-0206 or by email rhnewman@ShelbyCountyTrustee.com or complete this interest form.
On My Own Informational Flyer (click here!)
On My Own Transaction Register SAMPLE (click here!)
What is On My Own?
The On My Own program is an interactive financial simulation designed for youth ages 13-20. Provided by the Family and Consumer Sciences department of The University of Tennessee Extension and delivered by Bank On Memphis staff and volunteers, the program reaches students in and outside of the classroom setting. During the simulation, students become the major income provider for their household which may include a spouse and/or children. Using a hypothetical occupation and income, students work through a month of expenses including housing, utilities, transportation, insurance, food, child care, clothing, entertainment and other expenses resulting from unexpected events.
On My Own teaches financial literacy.
In this time of economic uncertainty, On My Own provides valuable information to the youth of this city. The goal of the On My Own program is to provide students with insight in regard to their future financial health by teaching life lessons basic on their choices. It is expected that young people will realize the connection between personal lifestyle choices and financial well-being and will be able to put that knowledge to practice when they become financially responsible for their own lives
How do I get Bank On Memphis to facilitate this program with my organization?
You can lend your support to this program by contacting Bank On Memphis and ask about the program. Bank On Memphis staff will be glad to discuss with you the ways in which you can support this valuable program. On My Own is appropriate for students ages 13-20 and is aligned with NEFE and Jump$tart Coalition Standards for personal financial education as well as Tennessee Core Curriculum Standards and Tennessee Personal Finance Standards set by the Board of Education.
Contact Information:
If you have further questions or are interested in implementing the program please contact Rachel Newman by phone at 222-0206 or by email rhnewman@ShelbyCountyTrustee.com or complete this interest form.
On My Own Informational Flyer (click here!)
On My Own Transaction Register SAMPLE (click here!)
Want to volunteer with Bank On Memphis? Click Here!
This program was developed by:
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