This booth can require students to purchase both professional and casual wardrobe. Volunteers will offer pricing for students on clothing they would need for their occupation and help them choose what clothes to purchase that fit in their budget.
This booth offers a community service activity for such as writing thank-you letters to military service members and/or the option to donate a portion of their income to a charity.
This booth assists students with filling-out their spending plans. Students can consult with the counselors on their spending plan, helping them cut costs and determine what kind of borrowing they may need. Often this booth is run by actual credit counselors and can help students understand everything from interest rates to brokerage fees. Booth volunteers will do a final assessment of the student’s spending plan after the student has completed each booth. Please note students should come to this booth with a completed spending plan at the end.
Credit & Lending
Provides loans to students. The booth functions like a typical lender and is usually staffed by financial industry employees. Volunteers will help students figure out what type of loan they need and present them the terms, which the students can either accept or reject. They explain credit scores and the consequences of bad credit scores, which is a key component of the fair. They also help students understand how they would have to pay back their loans. Students can sign up for credit cards at this booth as well.
Education & Training
This booth explains the college loan payment based on their selected career path. It also discusses different training options. Volunteers explain to students how much they will need in student loans and what major they would need to enroll in.
This booth presents various quality and cost of furniture brands ranging from luxury to items found at a yard sale. Booth captains tend to be furniture salespeople who have an expertise for the costs of furniture and the appropriate amount for a specifically sized home/apartment. Some apartments may come furnished.
This booth explains the costs of the health insurance provided by the student's employer or how much a private insurance plan would cost, as well as the cost of not having health insurance.
Students choose what size apartment or house they want to live in. A Real Estate Company or Housing Authority may be interested in serving as the booth captain. Booth volunteers will present the various housing options and how much they will costs short term and long term. If students wish to own a home, they must receive a mortgage from the lending booth. Students will have to account for utilities costs and also choose television, Internet, and, if desired, a phone plan. If renting, some apartments could come furnished and must be built into the price.
Explains the costs of auto, rental, home, and life insurance. Typically captained by an insurance broker, students must visit this booth after purchasing or leasing a car and after choosing their living space. Booth volunteers will explain insurance plans and ensure that students have all necessary coverage.
Job Search Booth
This booth provides occupational profiles and higher education advice relative to the students’ chosen profession. It provides students with information on interviewing tips and dress for success tips. They can also get interviewed for a part time job. The career counselor will interview them and determine if they are qualified. Usually only a few dozen part time jobs are offered.
Students are offered luxury items or “wants” that could be mistaken by students for “needs.” This is a great booth for creativity but expensive cell phones, electronics, beauty products, and vacations are a great place to start.
Beauty Products - Cosmetics - Hair
Helps students create a food budget. They also help students establish a grocery budget and dining out budget. This booth can be used to tea h students about smart shopping ideas, like coupon use and discretionary spending.
This booth simulates unexpected events that can lead to major financial consequences or a sudden cash windfall. The objective of this booth is to prepare students for how to handle these situations and likely appreciate the importance of having an emergency fund. In addition, it presents the challenge directing a cash windfall to one’s savings, investments, debt obligations, or perhaps choosing to purchase a new luxury item.
Retirement & Savings
Helps students plan for retirement and manage a financial portfolio. Students will choose how to invest their savings with the advice of a booth volunteer, who is typically a financial industry employee with knowledge of savings and investment.
Present transportation options for the students ranging from costs of public transportation to selling them a new or used car. Real car dealers are a good fit as a booth captain and volunteers explain to students the costs of owning or leasing a car versus the costs of public transportation. They will help the students determine what mode of transportation is wise based on their proximity to their job and the amount of available funds they have. Volunteers at this booth will also help students calculate additional expenses like maintenance, gas, and insurance. A great stipulation for this booth is that an emergency professional that could be on call cannot choose to “take the bus” for it is not conducive to the career choice.