By Cindy Sepulveda
Staff Writer
Do you keep a personal budget and save? When was the last time you checked your credit report and FICO score? Do you have student loans? Those questions and others were discussed at two financial literacy workshops in early December sponsored by CSUDH’s Financial Aid Office.
“Every financial worry you want to banish and financial dream you want to achieve comes from taking tiny steps today that put you on a path toward your goals,” said Suze Orman, financial advisor.
CSUDH’s Financial Aid Office created a series of financial literacy workshops to expand students’understanding of money management strategies that will empower them to make wise financial decisions while achieving their educational goals at CSUDH.
In early December, students were given two financial literacy workshop targeting the following topics: credit cards and student loans.
“Credit Cards Today, Your Credit Report & How to Improve It,” covered prudent ways to use a credit card and how to reduce debt, how to better understand FICO scores and how you can improve them; and how to read and understand your credit report.
“I Borrowed a Student Loan – Now What?” was designed to “truly help educate our students who have student loans,” Rhonda Posen, a student services professional, said. The workshop reviewed what loan repayment plans are, what is a loan servicer and what your rights and responsibilities are; and provided tips on how to repay and manage the debt and avoid default.
Financial literacy workshops are offered in the fall and spring semesters and are presented in a relaxed setting. Students are encouraged to ask questions and participate in the workshops.
For more information on these workshops visit csudh.edu/FinancialAid or call (310) 243-3691.
