Joyce Serido, associate professor and extension specialist in Family Social Science, assisted by the Department’s Peer$ Mentors, gave undergrads a reality check in personal finance during a “Mad City Money” workshop at the University of Minnesota.
How can young people be better at money? Experts say it starts at home
06/10/2019 - MPR News
Joyce Serido, Department of Family Social Science, quoted.
Balancing Values: How Attitudes about Money Affect Relationships
Love may bring two people together, but sometimes money is what drives them apart. Matters of finance can strain relationships in many ways, such as when spouses keep secret debts from their partners or, as a recent study showed, when wives make more than their husbands.
Setting your teenager up for financial success
Here's the scenario: your teenage son or daughter just got a summer job. Maybe it's their first job ever. They're excited about having their own money. It brings them more independence, but more responsibility. So parents, what's the first step to helping them be successful at finances?
Millennials & money
Millennials aren’t all so young anymore. How is this group, ranging in age from their low 20s to late 30s, doing financially? A unique 8-year study followed the University of Arizona freshman class through college and beyond. Ted Beck of the National Endowment for Financial Education has the results.
Eight Year Study Asks What Leads To Happiness For Today's Young Adults
Over the course of 8 years a team of professors studied the lives of several young adults, beginning their freshman year of college. The team was interested in what contributed to the student's happiness such as financial stability, healthy relationships and meaningful work. We talk with one professor about the data they gathered and what it means for the young adults of today.
Additional Selected News & Media Coverage
Nina Mandell. (2021, November). It could be time to talk with your Boomer parents about their money. Here are some tips. >>
Lipworth, E. (2020, December). How to stop your teen’s financial stress before it starts. Thrive Global. >>
USA Today (2016, April). Romantic Partners Influence Spending. Vol. 144, No. 2851.
Rick Nauer (2016, April). Boyfriend/Girlfriend Can Shape College Students’ Financial Habits.
Financial Literacy and Education Commission (2016, January). Promoting financial success in the United States: National Strategy for Financial Literacy. United States Treasury.
Kerri Miller (2015, September). Your money: Personal finance college students. Minnesota Public Radio (MPR).
Beckie Supiano (2015, July). Financial literacy: Can it be taught? Should colleges even try? The Chronicle of Higher Education.
Ethan Nelson. (2015, March). Obama signs student loan bill of rights. Minnesota Daily.
Liz Collin (2015, March). Should parents tell their kids how much they make? WCCO.
Chicago Tribune. (2014, July). Young adults feel financial strain.
James Marshall Crotty. (2014, June). Why 50% of college graduates need help from mom & dad. Forbes.
Beckie Supiano (2014, May). 2 years on, two-thirds of this graduating class aren’t financially self-sufficient. The Chronicle of Higher Education.
George Chamberlain (2011, March 5). Saving for college: A family affair. Money Matters. NBC San Diego.
National Public Radio (2009, November). How well are students coping with the uncertainty following the economic crisis?
Walbaum, Michelle. (2009, August). College students need to handle debt, credit cards wisely. USA Today.
Wall Street Journal (2009, May). Students take chances with finances. Gulp.