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Money smart events to raise financial literacy on campus, in local community

Chase Moffitt

Issue date: 11/11/08 Section: News
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We have all been there: on a date, in line for lunch or simply trying to fill up the gas tank. We reach into our wallets and then it happens: we don't have enough cash and our cards get declined.

It's devastating and embarrassing, especially if your date has to foot the bill.

This week, students, faculty and the general public can brush up on financial knowledge and gain valuable insight when it comes to all aspects of money management.

The College of Business Administration and the Center for Economic Education will participate in Money Smart Nebraska Week, a statewide program designed to help consumers better manage their personal finances. The week, which received a proclamation from Gov. Dave Heineman, is being organized by the Nebraska Financial Education Coalition.

"Recently, we've heard a lot of bad news when it comes to the national economy: foreclosures, defaults and bailouts," Jennifer Clark, president of the coalition, said in a statement.

"Money Smart Week is a great way for the individual consumer to learn how to take control of their own personal finances. The financial decisions you make now can set you up for good news down the road when it comes to your own budget and long-term financial plans."

UNO events kicked off Monday at noon with an online demonstration of MavMoney.com hosted by Beta Alpha Psi, an organization for accounting, finance and information systems students. The demonstration is being offered again today at noon in Roskens Hall Room 402.

"We plan to offer financial topics that should appeal to everyone no matter their financial situation," Mary Lynn Reiser, associate director of the Center for Economic Education, said in a statement.

As it becomes more imperative that credit ratings, interest rates and cash flow remain strong in order to secure a stable future, more and more students find themselves wondering if a college education is worth $30,000 and four years, she said.

"During the week, students and faculty can hear a broad range of lectures and workshops, such as tips on purchasing your first home, becoming debt free and college loans and the credit crisis, Reiser said. "It is good to remind ourselves that basic financial education can help people make better decisions."
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Viewing Comments 1 - 2 of 2

vanessa

posted 11/17/08 @ 12:47 PM CST

If you are interested in teaching your kids about working with money responsibly, Junior Achievement has a great free site. You should check it out http://studentcenter. (Continued…)

Betty Kim

posted 11/24/08 @ 1:53 PM CST

I know my family is hurting financially and I had to get a job. The pickings are slim, but I found a bunch of jobs at Uloop.com. I've applied for 4. Wish me luck. (Continued…)

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