A quiet group of students gathered together in the Campus Center West staff dining room for the Dollars and Sense workshop on April 22.
California Certified Public Accountant Tracy Wirtes discussed topics ranging from creating a budget, achieving financial goals, and the dangers behind credit cards. A brief video by CalCPA, Money Talks, demonstrated to students the lack of financial literacy among the general public.
A majority of the people interviewed lacked knowledge in regard to their personal finances.
“I really need to start planning for my future. For me and my son,” said Business major Stephanie Romero. “It’s time to get on the ball.”
Wirtes emphasized the importance of establishing a budget, and keeping track of where and how money is spent. “Your budget is limited,” said Wirtes. “You have to choose what is more important, that’s when you look back and look at your financial goals.”
Credit cards offer both advantages and disadvantages for its users. While they allow consumers to make purchases, the interest rate and late fees are realities that might sometimes get overlooked. Identity theft and credit fraud are threats. Everyone is vulnerable.
“Check your information every day, check it every other day,” said Wirtes. “Protect your information.”
This workshop was presented by California Society Certified Public Accountants Institute and coordinated by the Financial Aid Department.
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