First Nations Development Institute (First Nations) is very excited to announce the release of the highly anticipated $pending Frenzy kit! The kit comes with everything you need to host a successful financial reality fair that will help prepare Native American youth for their “Big Money” (also known as a minor’s trust payment). Several satisfied customers have already ordered kits and begun implementing the popular financial simulation event in their home communities.
“Demand for the $pending Frenzy has been huge since its inception about five years ago,” stated chief architect of the kit, financial education consultant Shawn Spruce. “Moreover, the new kits now make the program scalable, allowing us to reach a much wider audience of Native youth.”
The $pending Frenzy financial reality fair was designed by First Nations to offer youth expecting a large minor’s trust payment an opportunity to practice handling a substantial lump sum of money and to spend it wisely. In the simulation, teens are given $40,000 in fake money and are required to make informed spending decisions to purchase a car, a house, groceries and other items. Students can practice visiting a bank to cash their check and deposit a share of their money into savings, and are also given the opportunity to learn about investing a portion of their money.
Surveys from $pending Frenzy events held in Native communities across the nation have revealed that more than 90% of participants found the event useful and believed they could use the information from the event to assist them in managing their money.
Since the first pilot of the $pending Frenzy with Seneca Nation youth in 2011, First Nations has helped facilitate the financial simulation about two dozen times in 12 different states and 18 unique communities across the country. In total, nearly 1,400 Native youth have participated in the event and learned to better manage their minor’s trust payments. Tribes, community organizations, schools and others have been in… well, a frenzy for the simulation! To keep up with the demand of the $pending Frenzy, First Nations answered the call by producing an all-in-one, do-it-yourself kit.
The box kit comes with everything you need to host a successful simulation, complete with all booth materials, a facilitator’s guide, stacks of play money, a professional bill counter, budgeting cards, $pending Frenzy merchandise and more! The all-inclusive kit can be yours for $1,200 and is sent free of charge to your door.
To place an order or to ask a question about the kit, please contact Sarah Dewees by phone at (540) 371-5615 or email at firstname.lastname@example.org.
By Benjamin Marks, First Nations Senior Research Officer