A recent financial literacy workshop on budgeting, facilitated by certified financial
planners from Founders Federal Credit Union, gave PC students a preview of the real
world when it comes to setting budgets and saving money.
Each attendee at the Mad City Money simulation was assigned an occupation, salary, spouse, student loan debt,
credit card debt, and medical insurance payments and were lead through a budget
exercise to plan accordingly. They selected housing, transportation, meals,
entertainment, and personal care expenses to see if total expected expenses exceeded
net income or if they had enough money to save and invest.
Participants gained valuable life-long skills to make informed financial decisions and
develop good habits that support their financial well-being now and after graduation.
This program was coordinated by Athletics and the office of Career & Professional
Development. Founders’ involvement in the community spans across many diverse needs
and includes delivering free educational sessions on financial topics like Mad City Money.
“Their programming is accessible and conversational and not at all intimidating, so
students are better prepared for future money management”, says career director, Kim
Lane.
Founders’ representatives are available to speak to classes or student organizations
about additional topics including investing, credit building and more.
