Money Talks Series Offers Free Personal Finance Education

The University of Miami’s new money management program aims to complement existing resources for financial wellness.



As new and returning students settle into their homes, personal finances may not be at the top of the priority list.

But Chris Magnan wants to change that. As head of the University of Miami’s Money Management Program, Magnan has developed a new semester-long series called “Money Talks” that aims to cover topics such as budgeting as a student, managing your credit, investing and short-term financial planning. and long term.

Whether you are a freshman or a senior graduate, Magnan wants to ensure that this free personal finance education program helps everyone in the university community – including faculty and staff – make informed decisions. for the future.

“Our ultimate goal is to give students the tools they need to achieve personal financial success,” Magnan said. “I really hope I can help people and reach them before they make the same mistakes I did.”

The importance of basic personal financial management is essential to Magnan. Growing up, he had no one to teach him the ins and outs of investing young or saving for retirement. He grew up in a large family and watched his father work hard to make ends meet. Money Talks aims to empower its participants to achieve financial freedom so they can achieve their professional and personal goals.

Now a father of a student, Magnan looks forward to reaching faculty, staff, and students on campus through this series. He said he hoped to impart advice and knowledge they may not have been aware of before, because “personal finance is a critical part of anyone’s future financial success beyond the education they they receive in class”.

“I’m really just teaching the options,” he says. “I don’t tell anyone what to do with their money, I just inform them of the resources available. There is a lack of knowledge at home and there are many things that are not taught in class. I have relatives who want to come now. It is open to all. »

In the near future, Magnan plans to integrate the Money Talks series into classrooms on the Coral Gables campus, much like UM Miller School of Medicine’s Educational Debt Management program, which has mandated the participation before graduation. Led by Lori Giese, Director of Financial Aid, the program is designed to educate medical students on how to borrow responsibly and repay responsibly after they graduate and move into their residence halls.

“Our goal is to give them this information and learn it over four years so they feel confident about how they’re going to tackle and manage debt,” Giese said. “I hope to work with Chris in the future as I am always trying to improve myself and find better ways to grow the program.”

Sponsored by the Office of Student Financial Aid and Employment, the first workshop, “Who Wants to Be a Millionaire?”

Money Talks workshops cover a wide range of topics, from creating strategies for balancing school, life, and finances to understanding the consequences of not paying off credit card debt month-to-month. Visit miami.edu/moneymgmt for the full Money Talks series schedule. All sessions will be held at 5 p.m. in the Undergraduate Admissions Presentation Room on the first floor of the Whitten University Center.