The University of North Georgia's Student Money Management Center (SMMC) capped a five-week Foundation in Personal Finances Series with a talk on the subject by Rachel Cruze, daughter of renowned financial author Dave Ramsey.
Cruze spoke to students about pitfalls and strategies in managing finances during and after their college years in the event, held by the center and the Student Government Association at UNG. The event was aimed to help students deal with financial troubles they may be currently facing, and to help them avoid similar situations in the future.
"Rachel was very engaging and charismatic; she even stayed for a while after her presentation to speak with students personally and to answer any questions they didn't want to ask in front of the audience," said Ryanne Davis, SMMC coordinator.
For five weeks prior to Cruze's presentation, the SMMC held the Foundation in Personal Finance Series—a series of 10 sessions based upon Ramsey's writings. Cruze's presentation, titled "Not So Common Sense," was the finale of the series, and a high note to the students who had been studying her teachings for more than a month.
"When it comes to finance, common sense is best," Cruze said. "Today we have the mindset that we can have anything we want; all we have to do is charge it. But the time spent paying off credit cards is like living by looking in the rearview mirror."
Cruze has been speaking to audiences containing as many as 10,000 people since the age of 15. After joining her father's team full-time in 2010, she has traveled the nation visiting conferences, high schools, and universities to speak to youth about the risks of credit and debt.
Other events are planned to be held by the SMMC throughout April for Financial Literacy Month to help students learn about effective financial practices, including:
- Joey Parrott of Wells Fargo speaks about credit, Tuesday, April 9, 12:45 p.m. in Stewart 332
- Penny Hunter, "The Money and Legal Side to Renting Homes," Thursday, April 11, 7 p.m. in Stewart 332
- Gena Trust speaks about insurance, Tuesday, April 16, 12:30 p.m. in Stewart 332