By MICHELE DAVI
Scrounging around for pennies to pay rent and relying on overdraft are not unfamiliar scenarios to BYU students in the middle of a financial crisis.
BYU students in need of financial advice now have the opportunity to attend the Financial Management Workshop sponsored by the Counseling and Development Center.
This new workshop is based on a college student perspective to help students prioritize and budget their money. It will also teach them how to account for what they spend and how to allocate funds.
The workshop is based on a Benjamin Franklin quote:
“He who earns 100 and spends 101, lives in misery. He who earns 100 and spends 99, lives in bliss.”
The workshop is applicable to single and married students. It teaches general principles so that the students may be able to adapt them to their own situations, said Richard Benson of the Counseling and Development Center.
Students who attend will receive a financial management register to assist them in their budgeting, Benson said.
“The register will help students to have budgeting categories so that they know where their money is going. We want them to know that when they overspend in one category, they are not supposed to use money from another category,” he said.
Five students will take turns teaching the various workshops.
This workshop was first taught in April and had a good turnout, Benson said.
In the past, the topics of the workshops have ranged from study skills to interpersonal relationships.
“It’s a fantastic resource that is under-used by students,” Benson said.
Times for the workshops are posted on the first floor of the Spencer W. Kimball Tower. If you have questions contact Richard Benson of the Counseling and Development Center at 378-2689
