The Student Money Management Center recently put on its first workshop for the Greek Community this semester! We presented to Delta Upsilon fraternity this past Monday and we estimate over 75 members attended our presentation. In this presentation they wanted us to focus on credit and investing for retirement. We went over the differences between credit scores and credit reports, what goes into a credit score, and the characteristics of good and bad credit users.
We also talked about the different options you have when it comes to retirement. We went over Money Market Accounts, CD’S, Mutual Funds, Stocks, Bonds, traditional IRA, and Roth IRA’s. In addition, we talked about how much you actually need to save for retirement and why it is imperative that you start investing for retirement as soon as possible. We also talked about the differences between saving and investing. Not only was this our first workshop for the Greek community this semester but also our first emphasizing investing in retirement. Contact us if you would like us to present on any of these topics for your organization in the future!
Blog by Tom Myers, SMMC Program Assistant