Today Team Dolch and 3PM Property Management teamed up at Mad City Money at Rhinelander High School for the Junior class. Mad City Money is a program that teaches teenagers financial responsibility through simulated real life situations. All the students were given a monthly income. They then had to purchase a home or rent a home, insurance, vehicles, contribute to a 401k, pay childcare expenses and more.
It was a fantastic experience for us, as well as the kids. We felt that the teens really got an idea of the costs of living in the real world. Many kids in fact, came back and had to re-purchase or re-rent homes that were more within their budget after finding out the REAL cost of some of the necessities in life.
As always we love to participate in any program that helps the community and especially its children. We can’t wait for next year!