Kids Get Lesson In Real-Life Financials

OMAHA, Neb. - KETV.com

Sixth- and seventh-graders learned the value of a dollar Tuesday in one of 290 events taking place as part of the

Money Smart Nebraska Week.

Seminars will be held for every interest, from home ownership to college planning. The financial lessons are just for adults.

Mars Magnet Center students taught Conestoga students how to play a game called "Cash Flow for Kids."

"They all start with the same salary and same number of expenses," said Mars spokeswoman Amy Burk. "The goal is to have their passive income be greater than their expenses."

They win when they have more money in the bank than bills -- just like financial victory in real life.

Said seventh-grader Alexander Vargas, "It means you know how to handle your money and your credit score is not bad."

Burk said the students relate the lessons to what's going on in their parents' lives.

"The funny thing is it is real life to them, even though they're not personally paying a mortgage themselves," she said.

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