FINANCIAL LITERACY DAY
TOLL GATE HIGH SCHOOL FINANCIAL LITERACY DAY IN THE CITY OF WARWICK WITH MAYOR FRANK PICOZZI
TUESDAY, MAY 18, 2021, 11 A.M. AT TOLL GATE HIGH SCHOOL
Warwick, Rhode Island – May 18, 2021. In recognition of Toll Gate High’s participation in the 10th Annual CU4 Reality™ Financial Literacy Program and Fair that was held Virtually during the 2020-2021 academic school year, the Honorable Frank Picozzi, Mayor of the City of Warwick, presented a proclamation at Toll Gate High School declaring Tuesday, May 18, 2021, Financial Literacy Day in the City of Warwick. This program is sponsored by Wave Federal Credit Union in partnership with Toll Gate High School.
During the month of May, 80 students from Toll Gate High School in Warwick, Rhode Island, participated in a Virtual Financial Literacy Fair where they made real-life decisions to help prepare them as adults for a secure financial future.
The Proclamation presentation was attended by Mayor Frank Picozzi, Mayor of the City of Warwick, Seth Magaziner, General Treasurer, State of Rhode Island, Charon Rose, Deputy Treasurer for Financial Empowerment and Community Outreach, Candace Caluori, Principal of Toll Gate High School, Lynn Dambruch, Superintendent of Schools, William McCaffrey, Assistant Superintendent of Schools, Regina Wilkinson, Guidance Department Chair, Toll Gate High School, Paul Archambault, President and CEO of Wave Federal Credit Union, David Dupere, Executive Vice President and COO of Wave Federal Credit Union, and Bryan Cooper, Business Department Teacher at Toll Gate High School.
The CU4 Reality™ Financial Education Program was developed to complement the high school's personal financial education initiative for students. During the school year, monthly presentations were presented virtually by credit union representatives on topics to help the students increase their understanding of the importance of managing their personal finances to prepare them for the financial challenges and lifestyle decisions they will face as adults.
Sponsored by Wave Federal Credit Union, the CU 4 Reality™ Financial Education Fair is the culminating event that places students through a realistic budgeting experience during which they will make a series of spending decisions like the choices they will make as young adults. The Virtual Financial Literacy Fair provided the students the opportunity to put into practice what they have learned in the classroom by making purchasing decisions as consumers based on their chosen career and corresponding monthly income. The goal of this year’s Virtual Fair was to help the students gain a better appreciation of the importance of budgeting, financial planning, and making wise purchasing decisions.