WORKSHOP: How to Think About Personal Finances After Graduation
When: April 15, 2014, 4:00p.m. - 5:00 p.m.
As you transition from student to graduate, managing your finances will enter into a new phase. Addressing daily needs will remain important, but you will face the integration of loans payments into your financial world. Additionally, you will want to plan for integrating saving and spending, budgeting in a different way, and planning for the future.
In this session, you will learn about how to think about these decisions from a financial point of view. You will learn two core concepts that drive most financial decisions:
- Compound growth: Assets and debts grow exponentially. The return or interest for this year is added to the total to form the basis for the return or interest for next year.
- Store and flow: Store is the inventory of assets and money flows in and out of that store all the time.
During the session, we will apply these two concepts for simple financial decisions relating to the loan repayments schedule, budgeting, and basic financial planning.
Light refreshments will be served.
About Dr. Gezinus J. Hidding:
Dr. Hidding is an Associate Professor in Loyola's Quinlan School of Business. He has taught Personal Investing at Loyola, and has managed investments for 30 years. He is the owner and manager of Hidding Investment Management, LLC, which manages investment portfolios in the US and in Europe.