DALLAS TWP. – This is one summer camp where campers can leave the sunscreen and mosquito repellent at home.
Next month, high school juniors and seniors can attend the Financial Fitness Camp at Misericordia University, where they can learn about investing, careers in financial services and practical skills of borrowing and saving.
The four-day, three-night event runs from June 21 through 24, costs $85 and is limited to 30 students.
If it were around when Tim Micek was a student, he would have signed up. Micek, a teacher at St. Rose Academy in Mayfield, put together the camp’s lesson plan with Denise Moletto of East Stroudsburg High School and Alicia Ross of Blue Ridge High School.
The plan aims to make learning fun by allowing the students to participate in an online stock trading game with $100,000 of virtual money, and experience free market economics at work.
“Economics is all decision making,” Micek said. “You’re giving up one thing for something else.”
Take the decision to go to college, Micek offered. Look at the costs – tuition and loss of four years of employment – and benefits – a degree and higher earning potential – then decide.
The lessons are geared for teenagers so that they can make smart decisions in the future, added Robert Williams, assistant director of The Center for Economic and Entrepreneurship Education at Misericordia, which hosts the camp. The event ties in with the Wall Street West initiative’s aim of building a financial services sector in Northeastern Pennsylvania.
“We take each day and do a different thing,” Williams said. The program begins with stocks, followed by career awareness, and ends with finances on the third day.
The evenings include networking dinners with financial services professionals. Students also will have use of the school’s athletic facilities.
Williams said approximately 15 students have signed up. The deadline to register is June 10.
For more information, contact Williams at email@example.com or at 570 674-6777.