Student-to-student panel shares practical and innovative financial tactics

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Student-to-student panel shares practical and innovative financial tactics
Elaine Miller, center, discusses "Money Matters."Ben Sheffler/The Corsair
Rachelle Burns, left, and Elaine Miller, center, discuss “Money Matters” with students.
Ben Sheffler/The Corsair

by Rebecca Juntunen

As the student-to-student “Money Matters” panel began on Tuesday, September 24, at the Pensacola State College main campus, Chelsey Wiselman jokingly opened with a piece of financial advice when asked for her primary money-saving strategy: “Leave your wallet at home.”

The panel discussion, which included about fifteen attendees, covered various financial questions and real-life scenarios.

Chairman of PSC’s Financial Literacy Committee Rachelle Burns, college success Professor Elaine Miller and several student leaders led the panel, which was aimed at giving students and faculty the ability to improve their money skills.

Informative tips on topics such as renting to own, secured loans and cash vs. credit cards were shared by panelists.

“I learned about loans, different ways to do allowances for kids and not to rent to own,” said student Corona Davis.

Vital, yet often overlooked money-saving strategies were also discussed, such as researching before a purchase, using mobile applications to track spending, buying out of season and avoiding impulse buying.

“I really valued that most of the students shared ways to manage money better. Even I learned something,” said Burns.

One resource recommended by several panelists is the free, on-going “Money Matters” workshop – a four hour program that helps guide students toward solid financial responsibility.

To learn more about “Money Matters,” visit http://moneymatters.pensacolastate.edu.

 

 

 

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