The Daily Campus

Issue date: 4/1/09 Section: News

Media Credit: Caroline Wilke A presentation sponsored by Monster.com, Bank of America and Hall Diector Jasmine Willis helped students learn responsible financial habits concerning credit cards, credit reports, and budgeting.

Students learned how to manage credit cards and prepare for post-graduation financial responsibilities such as paying health insurance and banking bills Tuesday afternoon during a presentation about money management at the Student Union.

The presentation, "Ultimate Money Skills: Scholars, Dollars, Budgets & Bills," was given by Jean Fedora, a financial coach for both high school and college students. Fedora gives speeches across the country on finances and is co-author of the book "Speaking of Success," written with Stephen Covey, author of "7 Habits of Highly Effective People."

On Tuesday, Fedora advocated the importance of becoming financially independent and taking control of one's finances as early as possible. Her remarks were aimed to help students understand credit, banking, debt, identify theft, and investment now, for their future benefit.

Lori Gupta, a 4th-semester finance major, came to the program looking for information on how to deal with her credit card.

"I just opened a credit card and I don't have a consistent income," Gupta said. "I wanted to learn how to properly manage it."

Gupta thought the program was helpful and that more financial education programs should be offered to students.

Jasmine Willis, a hall director at UConn, has attended the lecture before at elsewhere. Willis was responsible for bringing the program to UConn.

She said she hoped the program, given the current economy, would allow students to, "learn what they can do now, to go and protect themselves now."

Bank of America and Monster.com sponsored the program, which was free for students. For more information on credit and the program itself, students can visit www.ultimatemoneyskills.com.

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