Hope Road

Utilizing the arts and nature, Hope Road fosters self-expression and introspection through facilitated discussions, developing cooperative work and written materials that will assist youth in making positive life choices.  

Email: info@hoperoad.org

Phone:  (440) 742-4673

Registered Charity: 27-2977893

© 2019  by Hope Road Organization |  Terms of Use  |   Privacy Policy

MONEY IN THE BANK (MIB) PROGRAM

Hope Road’s MIB (Money in the Bank) Program  is an interactive role-playing simulation that teaches the fundamentals of paying bills using varying job descriptions, salaries and family dynamics.

Key elements of the program focus

 

  • Confidence to receive money in cash and other forms.

  • Confidence to talk about money matters with family and other trusted adults.

  • An understanding that they must keep track of all expenses, however, incurred, in order to know whether they are staying within budget.      

  • An awareness of different potential career paths.

  • An understanding of how certain factors such as education level are likely to affect wage levels.


 The Approach

Facilitated simulation and role play


Resources

The MIB Program comes completely equipped.


Program Evaluation
  • A Pre-test (electronically or printed)

  • A Post-test (electronically or printed)

 

Program Measurement of Implementation

After successfully executing Hope Road’s MIB program, the pre-test and post-test are processed to create the  Post-Data points report which offers teachers/administrators key data on participant takeaways.

 

 

Anticipated Outcomes

 

  1. Confident to make their own spending decisions even if their peers make different choices.

  2. Aware of different forms of payment methods.

  3. Aware that once they spend their money, it is no longer available to them to spend on something else.

  4. Has a realistic knowledge of the cost of basic items including food.

  5. Knows that a debit card is linked directly to a bank account.

  6. Understand the role(s) that money plays in their culture.

  7. Conscious of their own spending habits and use of money.

  8. Understand that income can contribute to well-being for themselves, their family and community.

  9. Understand that they must keep track of all expenses to know whether they are staying within budget.

  10. Confident to speak up if they receive the wrong change or are charged the wrong amount Understands the relevance of monitoring cash-flow across different time scales.      

 

Impact on Students/Teachers

 

  1. Students will experience, in real time, how to manage their income, expenses, and responsibilities. 

  2. Students will understand debits and credits

  3. Teachers will have a raised awareness of the importance of financial education in lifelong learning


Number of Students Served

Up to 30 participants per session

Hope Road’s MIB (Money in the Bank) Program helps students learn the challenges of supporting a family on a budget based on income level.  It is an interactive role-playing simulation that teaches the fundamentals of paying bills using varying job descriptions, salaries and family dynamics.