MDC Business Students to Lead Money Management Workshops Sponsored by Wells Fargo’s Hands on Banking Program
Student led sessions will teach their peers all about staying on budget, credit cards, and more
MDC business students participating in the Wells Fargo program, from left: Cletus Kyaatuur, Michael Millard, Javier Figueras, Jessica Fernandez, Sean Bari and Nora Arce.
Miami, February 28, 2012 - A group of Miami Dade College (MDC) business students will get an opportunity to talk to their peers about money management and the importance of financial literacy during one-hour training sessions beginning this month through April.
Sponsored by Wells Fargo Bank and the South Florida Center for Financial Training (CFT) in collaboration with MDC’s School of Business at Wolfson Campus, the Hands on Banking sessions will focus on credit, budgeting, fraud and identity theft.
In train-the-trainer sessions, the Wells Fargo partnership enabled MDC professor Christine Balmori and bank executives to give the student trainers hands-on instruction with the goal they would apply those skills to their own financial literacy workshops.
“The goal of the train-the-trainer and peer-to-peer workshops is for students to learn how to better manage their finances, such as student loans, car loans, and credit card usage,” said Connie Laguna, executive director of the CFT. “By teaching these skills to advanced business students, we believe they can effectively pass on the message to their peers in a manner in which they would understand. The financial decisions students make in college have an effect on so many areas of their lives – both short and long-term.”
Wells Fargo’s Hands on Banking program is also available online with free financial curriculum materials designed for individuals, educators, non-profits, and entrepreneurs. For their participation in the Hands on Banking Train-the-Trainer sessions, the students will receive a tuition scholarship between $250-$350.
Laguna added, “A financial situation in college can also affect academic performance, and that is why financial literacy is essential to helping college students manage their money, debt and credit in today's economic climate. Our goal is to spread the financial literacy program to the entire community through this student body. We want to help students understand the implications of today's decisions on tomorrow's finances. We hope these students will share this information with their family and friends.”
For more information about the Hands on Banking sessions at MDC, contact the South Florida Center for Financial Training at 305-237-3051. To learn more about Wells Fargo’s Hands on Banking program, visit www.handsonbanking.org.
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