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Personal Money Management - Student Affairs - University of Utah

Personal Money Management - Student Affairs - University of Utah

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Reasons for Using PMMCIdentity Theft andFraud2%Protecting myself andfamily (emergencysavings, insuranceneeds)9%Understanding<strong>Student</strong> Loans6%Other5%Making Ends Meet10%Budgeting Skills17%Planning for future(major purchases,retirement, etc..)17%Managing Debt11%Investing Basics6%Immediate FinancialCrisis4%Banking and otherfinancial services4%Understanding Cards(credit, prepaid, etc..)7%UnderstandingBills andStatements2%Estate PlanningFamily Economics ClassInformation on Mutual FundsRoth IRA vs. IRAScholarshipsOther401(k) and investingIncreasing Credit ScorePaying for SchoolPreparing for medical schoolTaxesBudgeting, Debt <strong>Management</strong>, Investing, and Planning for the future comprise 50% <strong>of</strong> allreasons for student motivation to participate in PMMC workshops and utilize the centerfor financial consultations.20

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