The Real Money Experience – Financial Money Management Workshop
The NFECs’ Real Money Experience money management workshop is an entertaining and fun way to introduce students to essential financial literacy lessons. Students get an eye opening preview into their future finances and interact with 12 separate ‘skill booths’. The financial education program gives students hands-on experience of making financial decisions that they will face as they move out on their own.
The RMX money management workshop was designed around financial education and core subject standards. Similar to the NFECs’ financial literacy curriculum, this event uses experiential learning techniques improve the participant’s interest and their ability to make financial decisions that align with their personal goals. The NFEC has observed participants improve their retention rates and leave the event motivated to continue to want to learn about money.
Recent surveys show that our teens and young adults are interested in learning about money; yet unfortunately, most financial literacy programs spend more time boring student with theories rather than providing the actual skill sets that will help them achieve financial security. This money management workshop prepares them for the ‘real world’ so they can feel confident as they make financial decisions they will face.
Although this webpage is focused on the full production money management workshop, the NFEC also has a classroom version that can be conducted within a single classroom. Learn more about our Real Money Experience Financial Literacy Curriculum.
Students talk about the RMX money management workshop long after the event is over. This entertaining event has students decide upon a career and make education choices that affect their income. Participants choose housing, lifestyle, debt and transportation options that fit their budget. Participants quickly become aware of the ongoing expense of each decision as they learn how to manage their money effectively.
There are 12 essential topics that are covered in the RMX money management workshop including:
- Education & Skills
- Community Service
- Health & Nutrition
- Savings & Investment
- Day-to-Day Expenses
- Long-Term Planning
The RMX money management workshop takes 3 to 4 hours to complete and is designed for High School and College Level students. There are two types of hosting options:
Self-Hosted. The NFEC will provide detailed training and support so you can host the Real Money Experience Event. All the supplies are delivered and picked up from event location. Starts at $1,795
Full-Production. Let the NFECs production team handle the entire show production and details. Starts at $3,750
Fund the Event through Sponsorships. The RMX event was designed to help organizations raise funds for their financial literacy initiatives. Each booth provides you the opportunity to offset the investment and raise funds. The NFEC believes in creating sustainable financial literacy initiatives – funding is essential to the accomplishment of that objective.
The NFEC team provides everything you need to have a successful event including:
Full Event Production. With the full production option, the NFEC team will handle the production of the event. This includes conducting pre and post testing, surveys, volunteer training, music, red carpet photo booth and coordinate all personnel.
Volunteer Training. Volunteers are provide live training the day of the event as well as access to our virtual multimedia learning center prior to the event. All volunteers receive a detailed guide that walks them step-by-step through each of the twelve lessons covered.
Student Guides and Budget Worksheets. Participants receive full-color student workbooks and budget worksheets that walk participants through the decision making process.
Fundraising Resources. The NFECs financial literacy grant guide and sponsorship forms can help you raise funds while you educate those you serve.
Testing and Survey Report. The NFEC conducts extensive testing and surveys to help you quantify the results of the program. This may assist your organization in securing funding and will help to measure the program’s effectiveness.
Support. The NFEC support staff is available via phone and email to help maximize the impact of your program.
Feel rewarded know that you gave your students what many of us wish we had – a safe environment to pick up essential financial literacy lessons. You understand that by providing your students the RMX money management workshop you have helped them prepare them for the financial realities they will face in the ‘real world’. Thank you! We commend your efforts to empower your students with practical life skill and financial lessons.