Local finance expert Lindsey Ciarrocca came to campus last Thursday to share some finance basics with interested students. Lindsey talked about the importance of having financial goals and plans – even as early as your time in college!

Using a pyramid of financial needs – which psychology students would recognize as akin to Maslow’s  Heirarchy of Needs – Lindsey helped us to consider the bottom level of financial wellness. Attendees inventoried some personal short- and long-term goals, and were challenged to consider what they hope retirement will look like. We talked about the way a budget can help us reach financial goals, and learned why it is important to create an emergency fund.

“Sooner is better” – Illustrating the wonder of compounding interest and the importance of early retirement contributions.

Many thanks to Lindsey for volunteering her time, and thanks to Dickinson’s Women’s & Gender Resource Center for co-sponsoring the event.