On Monday, October 20, Professor of Accounting Mary Jane Lenard and Assistant Professor of Business Bing Yu shared tips for budgeting, saving, and investing during Are You Financially Strong?, a Financial Literacy Week session.
Attendees learned about tracking their income and expenses, how to start saving, and how to make the most of what they’re able to save. Differences between types of savings accounts, investments, and interest calculations were explored, as well as how to plan for retirement upon starting a job.
One hot topic for college students – credit cards – was also discussed. Lenard shared the importance of using credit cards responsibly to build a strong credit history. Some of her advice included choosing cards carefully, investigating fees and interest rates, and always making payments on time and for more than the minimum amount due.
There are two events remaining in Financial Literacy Week:
How to Negotiate Your Salary
Wednesday, October 22, 4 p.m.
Come find out how to negotiate your salary at this financial literacy session. Find out some basic negotiation tactics and how to negotiate your salary like a pro from Associate Professor of Business Jeff Langenderfer. It's never too early to start learning about financial literacy.
How to Pay Off Student Loans
Thursday, October 23, 4 p.m.
How are you financing your college degree? Worried about student loans? If you will owe student loans when you graduate, this session will help you learn how to keep more of your hard-earned money in your pocket while still paying off your debt. Learn from Director of Financial Assistance Kevin Michaelson on how to manage your college loans.
Phone: (919) 760-8087