Pi Sigma Epsilon teaches Girl Scouts finances
Published: Wednesday, February 13, 2013
Updated: Wednesday, February 13, 2013 13:02
On February 2, the Delta Xi chapter of Pi Sigma Epsilon Fraternity visited the Heart of the South Girl Scouts Troop #43001 of Martin to explain to them how important it is to manage money by completing activities to earn a patch called “Money Sense.”
There were a total of 12 girls in attendance who were between the ages of 7 and 14. Delta Xi members that were in attendance were Kayla Thomas, LaQuita Johnson, Kimberly Woods, Luke Ownby, Jarvis McCann and Jeremy Miester.
“Cash or Credit?” was the first activity the girls completed, led by Jarvis McCann and LaQuita Johnson. They explained to the girls that when you use credit cards, you must not only pay back however much you spend but also pay interest on that amount.
The next activity, “Reality Check”, was led by Luke Ownby and Kimberly Woods. The objective of this game was to give the girls insight of how much money their parents spend on house payments, car payments, clothes, car insurance, water and electricity, furniture, clothing and pet care.
“Invest Together” was the third activity, led by Kayla Thomas and Jeremy Meister. This activity was arranged into a game, and the girls were split into groups of two. As the game began, each team was given an envelope with $210 in it. Thomas explained to the girls that they would be able to invest in three companies in each round. The companies that each team could invest in were McDonalds, Wendy’s, Toys ‘R’ Us, Walmart, Burger King and Cine Movie Theater. At the end of each round, the girls were given an update on each of the companies to see if their stocks increased or declined. The goal of this activity was for the girls to understand how to invest in stocks.
After completing three activities, the girls ate lunch that was provided by Delta Xi. During lunch, the girls learned about Pi Sigma Epsilon Fraternity and also learned how important it is to stay in school and maintain good grades.
“What is a dollar worth?” was the fourth activity, led by Jeremy Meister. The girls learned how much an American dollar is worth in countries such as Japan, England, Canada and Switzerland.
The last activity for the day was “Money Doesn’t Matter,” led by LaQuita Johnson and Luke Ownby. Johnson and Ownby drew their five favorite things that money did not buy that are very important to them. Each girl drew their favorite thing that meant a lot to them while learning that money can’t buy everything in the world, like love, family, friends and happiness.
Once all of the activities were completed, the girls thanked Delta Xi for educating them on how important it is to manage money. The troop gave each of the Delta Xi members a Girl Scouts Heart of the South keychain as a token of thanks. In return, Pi Sigma Epsilon gave each of the girls a Pi Sigma Epsilon wristband and a student planner.
Pi Sigma Epsilon Fraternity is the only national, co-ed, professional fraternal organization in sales, marketing and management. Delta Xi Chapter is one of two active chapters in the state of Tennessee.