With the nation approaching nearly $800 billion in consumer debt, the need for educating young people about finances is evident.  Bridgeport High School recognized this need and started the Personal Finance course three years ago in an effort to inform students of money management skills.  On Friday, the school welcomed representatives from the West Virginia Auditor’s Office for senior assembly called Money Matters.

 

James Rutledge, Investor Education Manager for the State Auditor, created an interactive program that raised awareness of identity theft, scams and credit cards.  He led the students in discussions and a hands-on Stock Market Game in which the students had competing bids on items.  Since its inception, Money Matters has educated over 40,000 students from around the state and visited Bridgeport High School every year since it began.

 

The Personal Finance course at BHS goes more in depth in Financial Literacy Education, covering banking and checking, saving and investing, identity theft, credit and credit cards, car and home purchases, and overall budgeting.  Rutledge stayed to present additional information to the class on Friday including leading the students in a Corporation Game that teaches them about brand relationships and competition.  The class also has incorporated local speakers to enhance the importance of financial education and responsibility.