Urgent Update: College Students Tackle Financial Skills with New Program
URGENT UPDATE: A groundbreaking financial literacy program for college students has just launched, aiming to equip young adults with essential money management skills. Michelle Beran, the 4-H and Youth Development Agent for the Cottonwood District, is leveraging her 20 years of banking experience to guide students in navigating the complexities of personal finance.
This initiative, powered by resources from K-State Extension, kicked off recently with a group of eager college students. In their initial session, participants confronted the challenging topic of distinguishing between wants and needs—a crucial skill in today’s financial landscape.
As the urgency for financial education grows, Beran introduced the concept of SMART goals, enabling students to craft Specific, Measurable, Achievable, Relevant, and Timely objectives. The students are encouraged to set short-term goals for the academic year, intermediate goals spanning 3-5 years, and long-term aspirations over the next 8-10 years. This structured approach aims to provide clarity and direction as they plan their financial futures.
One student asked a thought-provoking question: “If I have money left, how much should I be putting into savings?” Such inquiries underscore the importance of this initiative in fostering a generation that is financially savvy and responsible.
Moving forward, the program will focus on practical skills including effective grocery shopping and basic cooking techniques, all designed to enhance students’ life skills and employability. Beran expressed her enthusiasm for the upcoming sessions, stating, “I’m looking forward to working with this group over the next few months.”
For those seeking assistance in setting financial goals and achieving stability, Beran emphasizes that there are numerous valuable publications and tools available. Her message is clear: keep learning and remain kind to yourself and others.
For more information about this transformative financial program or for inquiries related to 4-H Youth and Development, contact Michelle Beran at [email protected] or call 620-793-1910.
Stay tuned as this vital program continues to evolve and make a meaningful impact on the financial literacy of young adults in the community.
