Tag Archives: financial planning

Study Tips: Your Financial Future

As semester closes, consider how finances affect academic success

Piggy bank with mortarboard

Plan now for success down the road.

By Texas State SLAC

Preparing for finals is probably the biggest thing weighing on your mind this time of year. But whether you’re continuing at Texas State University in the summer or completing your degree and moving forward with graduate studies in the fall, now is a good time to think about your financial plan for future semesters. As this semester’s end draws near, consider the following: Continue reading

Around Campus: Bobcat Net Worth

Q and A

Here’s a quick question-and-answer about Bobcat Net Worth Network, the financial literacy and planning program on campus.

Is this a student-run program?
Yes. Bobcat Net Worth Network is a student-run campaign created for a public relations campaigns class taught by Professor Charles Kaufman.

Who are the students?
The students involved in this financial literacy campaign include: Mary Aldon, Ashley Bahl, Chelsea Kneblik, Lizzie Laster, Sam McIntosh, Morgan Ring, Chelsea Roeder, Lorna Stevens, Jeaneen Tierney and Aly Tomasello. They are all senior public relations majors.

When was it established?
It was established in January 2011 for Professor Kaufman’s PR campaigns class.

What’s the purpose and goals?
The purpose of Bobcat Net Worth Network is to create a campaign to raise awareness and increase knowledge about financial literacy among the Texas State University community. The plan will educate Texas State students about financial literacy and teach them to make sound financial decisions, increase and be money savvy. Bobcat Net Worth Network hopes to increase financial awareness at Texas State by 15 percent before April 1, 2011, and also to have 20 percent of the student body actively participate in and be exposed to campaign tactics by April 2011.

What has been the response so far?
So far, Bobcat Net Worth Network has conducted surveys to Texas State students, and the results proved just how important it is to raise awareness in financial literacy. One question asked, “When is the right time to start planning for retirement?” and many students had no idea. Pre- and post-tests will be given at the next Bobcat Net Worth Network presentation to students in order to measure how much knowledge has been gained. Luckily, Texas State has many organizations and programs to target in this campaign. Bobcat Net Worth Network will continue to outreach through social media outlets.

Is there a website?
Yes, for more information, please visit our blog, Facebook fan page and follow us on Twitter @BobcatNetWorth.

Happenings: Financial Planning for Bobcats

Money Savvy Cats program aims
to educate students about finances

The last time anyone checked, more than eight out of 10 college students had a credit card — and an unpaid balance.

The average senior, according to statistics compiled by Sallie Mae, will graduate with more than $4,000 in credit card debt, on top of any student loans. The average debt carried by college students is $3,173, almost double the figure from 2004.

Only 17 percent of students pay off their entire balance every month; 22 percent pay just the minimum.

Those are just some of the reasons the Texas State financial literacy program, Money Savvy Cats, was established.

Money Savvy Cats is launching its spring series of programs with a session on credit cards called “How Credit Really Works,” Tuesday at 5:30 p.m. in the LBJ Student Center, room 3-5.1.

The program’s primary mission is to improve the financial well being of Texas State students through education about personal finance, money management and credit management.

The program is presented by students for students, as a way to provide unbiased information about finances and identify financial options. Money Savvy Cats also has a Facebook fan page.

Here are the topics for this spring:

  • How Credit Really Works, Tuesday, 5:30-7 p.m., LBJSC 3-5.1
  • Why is My Credit Report Important? Wednesday, March 30, 6:30-8 p.m., LBJSC 3-13.1
  • Relationships and Money Management: What should I consider? Monday, April 18, 5:30-7 p.m., LBJSC 3-3.1