Tuesday, April 30, 2013

Career Week : Finances

Last week, The Mount Career Center hosted it's annual Student-Athlete Career week. Each night there were different topics about the transitions from the court to the office. Let's see what Junior Jessie Kaufman and Sophomore Jenn Carney learned about life after college in the "real world".

Jessie Kaufman :
We were given the opportunity to meet with professionals to review our resumes, practice interviews, and receive information on the business world.  As a student-athlete, sometimes we forget that the student comes before the athlete.  With only a year left at the Mount, I find myself more recently asking myself questions like, “what am I going to do after school?” what kind of job am interested in? or “how am I going to pay for food, rent, or even a car when I leave college?” This career week definitely helped clarify a lot of my unanswered questions.
Out of the whole week, one guest speaker stuck out to me more than others.   I was able to listen to a representative from Hanover Capital Management Group talk about how to manage finances after college.   Honestly as a college student, I have paid very little attention to managing my finances after school.  After hearing the representative speak about debt, and how to manage your money after college to help decrease this debt, I truly found a new appreciation for the word scholarship.  The amount of debt college kids’ face in student-loans after college is unreal.  It is no wonder managing our money is such an important topic.  Saving at an early age is what is going to help college students be more successful financially after school.  This career week helped me learn how to save, what to save, and how to spend my money wisely after school.  It is safe to say that every extra dollar, penny, nickel and dime I find is now going straight into my piggy bank! Got to start saving now for my dream car!!!
Jenn Carney:
During Career Week, I attended “Finding Your Financial Footing”, which was presented by Mark Riggs. Mr. Riggs is the co-founder and co-owner of Hanover Financial and is a Mount graduate. He talked to us about four main topics: saving, debt, insurance, and retirement funds. Mr. Riggs provided information on these topics in a very basic and relatable way that was easy to understand.
Mr. Riggs presented a lot of useful information. He taught us about which types of debt is the worst and which should be paid off fastest. He also spoke about different types of life insurance that which would be the best. Mr. Riggs answered many questions I had about applying for and using a credit card and when the appropriate time would be. Lastly, he provided us easy ways to save money from each paycheck to provide for retirement and to help in case of emergencies.

Check out Mount Athletics video of the event here : http://www.youtube.com/watch?feature=player_embedded&v=bCIo0C8ri-k#!