Today and on April 28, the Undergraduate Students Association Council, in conjunction with the University Credit Union, will present free “financial fitness” workshops open to all UCLA students.
We commend USAC for giving students this opportunity and highly recommend all students to attend.
The first workshop will cover things such as setting financial goals and making personal budgets, while the second one will focus on identity theft. These are essential life skills that a lot of us didn’t bother learning before coming to college. But in a few short years, we’ll be living on our own, devoid of whatever paltry allowance we may be getting from our parents now.
We need to learn the basics of personal finance if we don’t want to get swept up in a mountain of debt and shady bank dealings.
The economic crisis has set a new precedent for learning these skills. Apparently a lot of people never learned how to manage their money. As the next generation of adults, we should set a precedent for responsible fiscal behavior.
You hear a lot about the college life lessons that aren’t taught in a classroom.
We learn time management, how to put together a resume and cover letter and how to deal with difficult people on group assignments. USAC and the University Credit Union are offering a unique chance for students to learn a whole new set of skills: how to manage money, set and live on a budget, and become fiscally responsible, not-in-heaps-of-debt adults.
Students should utilize this opportunity and attend the workshops on the Hill.
Unsigned editorials represent a majority opinion of the Daily Bruin Editorial Board.