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Youth Financial Education

Virginia Credit Union offers financial education to Senate pages

(Richmond, VA, January 13, 2014) – Virginia Credit Union offered a financial education session to young people who serve as pages and messengers for the Senate of Virginia on Monday, January 13. Cherry Hedges, Virginia Credit Union’s financial education director, led students through an hour-long presentation that included hands-on budgeting activities.

Each of the students developed a realistic budget based on the average income for a variety of occupations. Randomly assigned careers as short-order cooks, child care workers, legal secretaries, mail carriers, physicians, etc., the students were challenged to construct a monthly budget based on the expected salary. The students considered the impact of their career choices on future earning potential.

The 40 students, ages 13-14, are in Richmond during the General Assembly session to serve in the Senate clerk’s office. The students come from all parts of Virginia and keep up with their schoolwork while staying in Richmond. The financial education session is one of several educational sessions offered while the General Assembly is in session, according to Bladen Finch, Senate Page Program Director.

Virginia Credit Union is a member-owned financial cooperative with more than 230,000 members. The credit union provides a variety of affordable banking services, loans and mortgages, checking and savings services, and financial education resources. Virginia Credit Union is federally insured by NCUA and is an equal housing opportunity lender.

Media Contact: Glenn Birch, glenn.birch@vacu.org, (804) 560-5664