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Montana School for Deaf & Blind Students Get Lesson in Finance | News, Sports, Weather for Great Falls, Helena, and all of Montana | Local Top Stories
In celebration of National Teach Children to Save Day, it was all about financial responsibility today at the Montana School for the Deaf and Blind.
But rather than lectures, today’s lesson involved a dose of creativity and a whole lot of teamwork.
Stockman Bank has been involved in National Teach Children to Save Day for several years.
Today’s lesson took an interactive approach, breaking students into two teams and giving them the task of doling out a $1,000 budget to a family of four - stuck on a deserted island.
Financial responsibility starts with the needs…
“We’re going to talk a little bit today about the three things that you need in order to live.”
And separates them from the wants.
“How about – let me ask you this.. what are three things that you most want in life?”
Today’s lesson took students from the Montana School for the Deaf and Blind on a journey to a deserted island… four people, four months, $1,000 and a list with everything from matches to makeup.
Some decisions were harder than others.
“Flashlight? Yes or no? Maybe..”
Others, not so tough.
“Ok, seeing as how we’re all guys I think we can all agree there should be no makeup there.”
Then came time to add it all up.
“We have to dump 275 bucks?”
Like all good financial decisions, planning for the unexpected is key.
“We’re going to have a little interesting turn of events.”
First, an oil tanker spill destroyed the islands seafood supply. Then, a storm flattened the family’s cabin.
Were the teams prepared?
In the end, only one walked away victorious, but all learned a valuable lesson.
Explained Edie McCann of Stockman Bank, “As in everything, there’s always that element of surprise, and if we don’t understand that some things might happen that we don’t expect, we won’t be prepared.. and then is when you get into trouble.”
Added Montana School for the Deaf and Blind Improvement Coordinator and teacher Julie-Dee Alt, “Understanding how to manage money is a key piece of them being able to be successful and to leave the school with our vision kind of accomplished which is education, communication and independence for life. And so for these students to be independent they need to have a good grasp of that.”
Alt says today’s lesson was especially valuable for these students because due to their visual and auditory impairments, they don’t hear or see things their peers do - like mom and dad handling transactions at the bank.
In celebration of National Teach Children to Save Day, it was all about financial responsibility today at the Montana School for the Deaf and Blind.
But rather than lectures, today’s lesson involved a dose of creativity and a whole lot of teamwork.
Stockman Bank has been involved in National Teach Children to Save Day for several years.
Today’s lesson took an interactive approach, breaking students into two teams and giving them the task of doling out a $1,000 budget to a family of four - stuck on a deserted island.
Financial responsibility starts with the needs…
“We’re going to talk a little bit today about the three things that you need in order to live.”
And separates them from the wants.
“How about – let me ask you this.. what are three things that you most want in life?”
Today’s lesson took students from the Montana School for the Deaf and Blind on a journey to a deserted island… four people, four months, $1,000 and a list with everything from matches to makeup.
Some decisions were harder than others.
“Flashlight? Yes or no? Maybe..”
Others, not so tough.
“Ok, seeing as how we’re all guys I think we can all agree there should be no makeup there.”
Then came time to add it all up.
“We have to dump 275 bucks?”
Like all good financial decisions, planning for the unexpected is key.
“We’re going to have a little interesting turn of events.”
First, an oil tanker spill destroyed the islands seafood supply. Then, a storm flattened the family’s cabin.
Were the teams prepared?
In the end, only one walked away victorious, but all learned a valuable lesson.
Explained Edie McCann of Stockman Bank, “As in everything, there’s always that element of surprise, and if we don’t understand that some things might happen that we don’t expect, we won’t be prepared.. and then is when you get into trouble.”
Added Montana School for the Deaf and Blind Improvement Coordinator and teacher Julie-Dee Alt, “Understanding how to manage money is a key piece of them being able to be successful and to leave the school with our vision kind of accomplished which is education, communication and independence for life. And so for these students to be independent they need to have a good grasp of that.”
Alt says today’s lesson was especially valuable for these students because due to their visual and auditory impairments, they don’t hear or see things their peers do - like mom and dad handling transactions at the bank.