Julian Samora Research Institute and MSUFCU Partner for Budgeting Presentation
At the tail end of November, Lansing area parents and their high-school aged children gathered in the library of Gardner Middle School to discuss college financing options. This presentation, however, had something a little extra: it would be conducted in English and Spanish.
Exito Educativo partnered with Michigan State University’s prestigious Julian Samora Research Institute to host the event. The Exito Educativo program is an afterschool program for Latino families that seeks to lay the groundwork for college, providing bilingual presentations on topics ranging from the purposes of tertiary education and the application process to scholarship resources and budgeting.
Liliana, a manager at MSUFCU, served as an expert translator for members of the community that came to educate the participants. Teri Bernero, who has worked with the Lansing school district for over 26 years and served on multiple boards, led the opening remarks, seeking to inspire the young adults to take charge of their futures.
MSUFCU’s Financial Education team followed up by leading “The Bead Game,” a fun, hands-on introduction to budgeting. Participants moved beads around a chart of expenses, negotiating between needs and wants and learning to navigate their funds in a crisis.
“We heard great things about the presentation and overall they loved the activity with the beads,” said Liliana. “My son, who accompanies me to the program presentations, still cannot understand how it is that people have to give up something in order to get something else. He also mentioned that this has been his favorite session so far.”
Cecilia, a member of the Financial Education team, is participating in MSUFCU’s new Logros Program, which aims to teach employees Spanish so they may better reach members’ needs. She saw this as a great opportunity to get her feet wet.
“I do speak some Spanish already,” said Cecilia, “but this presentation helped me pick up new vocabulary. Explaining finances in a second language is a challenge, even if you’re fluent.”