Financial Literacy and Money Empowerment

Courtney Foelker, Staff Writer

During the month of October, Lee University celebrated Financial Literacy Month, sponsored by Higher One, Phi Beta Lambda and Financial Aid.

Beth Seymour, accounting and budgeting coordinator, spoke at the final discussion on cash flow. Seymour said that this is the first semester this program has been conducted on campus and there are hopes the program will continue.

Lauren Jones, senior and special projects assistant in the Financial Aid Office, attended two of the four events. The events included personal budgeting, identity theft, investment choices and personal cash flow.

'This event is very beneficial for students because it teaches about important topics young adults need to know. It also allows students the opportunity to hear from adults who are specialized in these topics and can offer great advice on being wise with our money,' Jones said.

Shelby Bradley, sophomore and Phi Beta Lambda officer, also attended two of the four financial literacy month events. She also participated with the online courses that financial aid provided for the other two sessions.

'I think it is two-fold. I think the first benefit is for the students, just to learn how to manage their money better; to put themselves in a better financial position as they graduate and go out into their first careers, Seymour said. 'I think it is a benefit to Lee. As we have students that are under less financial pressure-that is just good for the students and the university.'

Jones said that this is an event that she appreciated having on campus to help her prepare for life outside of college.

'I think these events are a great way to prepare college students for the real world and to help students become smarter with their money. Having more or similar events to these would be an excellent opportunity for students in the future,' Jones said.

Bradley said that there should definitely be more emphasis on budgeting, beginning freshmen year.

'Students don't always realize how crucial budgeting is. I don't know about anyone else, but I want to leave college with some change in my pockets! If they bring back these courses every fall, I will take full advantage of free lessons on how to save and protect money for my future,' Bradley said.

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