The University Libraries will host Money Smart Week the week of April 6th to help Â鶹ӳ» students learn how to properly manage their personal finances. The University Libraries in partnership with Greater Â鶹ӳ» Credit Union will offer a variety of free lunchtime seminars inside the Mathewson-IGT Knowledge Center’s Knowledge Nook (MIKC 221). Students can drop in to one, some, or all of the week’s events. All majors, undergraduate and graduate students are invited to attend these free events. Food and refreshments will be provided. No advance registration required.
The goal for Money Smart Week is to provide students with the knowledge, skills and resources to make more confident financial decisions while they are in college and to have the good decisions carry over after graduation and beyond.
Money Smart Week topics include: Financial Trivia, Scam-O-Rama, How to Make a Million Bucks, and Geocache for College Cash.
On April 6th from 11:30 a.m. to 1:30 p.m. in the Breezeway of the Knowledge Center, students can participate in Financial Trivia. During Financial Trivia, students can spin the wheel and answer questions related to personal finance for a chance at prizes. Snacks and refreshments will be provided.
On April 8th from 12:00 p.m. to 1:00 p.m. in the Knowledge Nook, students can participate in Scam-O-Rama where they can drop by and learn about financial fraud, identity theft, investment scams, and ways to protect yourself. Pizza and refreshments will be provided.
On April 9th from 1:30 p.m. to 2:30 p.m. in the Knowledge Nook, students can participate in How to Make a Million Bucks. Students will learn how the easy, smart choices you make today can have a major financial impact. Ice cream and refreshments will be provided.
On April 10th from 11:30 a.m. to 1:30 p.m. in the Knowledge Nook, students can participate in Geocache for College Cash. Cash and prizes are on the line during this fun-filled library scavenger hunt on various financial topics. Food and refreshments will be provided.
Why should students come to Money Smart Week?
Money Smart Week sessions were designed to teach students about proper money management.
"These events are important because they help set a foundation for good financial health,” said Mitch Winterman, business and economics librarian for the University Libraries and Money Smart Week organizer. "Many students assume they know everything there is to know about money, and are surprised to learn that they could be making smarter decisions right now to create a better financial future for themselves. These events will provide tips and tools to strengthen all students’ financial habits."
The University Libraries offers a variety of resources to help students and members of the Â鶹ӳ» community become financially literate. From databases and tools, to the expertise of our team of librarians, students are encouraged to take advantage of what's available in order to make informed financial decisions.
"Money Smart Week is set up in a fun and entertaining way to convey important information," Winterman added. "The goal of Money Smart Week is to help get students thinking about their personal financial decisions, and how those decisions impact their individual financial health."
Money Smart Week teaches students about proper money management
Students should become aware of personal spending habits. Temptations to spend are everywhere. From one-click Amazon to using Alexa to buy supplies, to eating out and coffee on-the-go students are being coaxed into spending money all the time in different ways across different channels. Understanding personal spending habits is one of the biggest factors needed to evaluate and determine just how much money can be saved.
"Most students who learn to save money and understand their spending habits while they’re young are likely to save more money going into adulthood," Michelle Hale, community outreach supervisor for Greater Â鶹ӳ» Credit Union and Money Smart Week partner. "Money Smart Week is a fun and engaging opportunity to find out what resources are available to students for financial education."
Created by the Federal Reserve Bank of Chicago, Money Smart Week brings together financial institutions, nonprofits, libraries, universities and government agencies to offer thousands of free financial education classes across the country. Classes cover topics ranging from budgeting to homebuying to estate planning and more.
"Greater Â鶹ӳ» is very passionate about financial education and we are excited that the University Libraries continues to get involved in educating students about future finances," said Hale. “We think if we can continue to promote financial wellness in the community, then we are helping more people to live greater.”
For more information contact Business and Economics Librarian and Money Smart Week organizer Mitch Winterman at mwinterman@unr.edu or 775-682-5510
Â鶹ӳ» the University Libraries
The University Libraries embrace intellectual inquiry and innovation, nurture the production of new knowledge, and foster excellence in learning, teaching and research. During each academic year, the Libraries welcomes more than 1.2 million visitors across its network of three branch libraries: the Mathewson-IGT Knowledge Center, the DeLaMare Science and Engineering Library and the Savitt Medical Library. Visitors checked-out more than 80,000 items and completed more than 2 million database searches.
