RIT’s Financial Wellness Conference

by Sanjay Varma Rudraraju, Computer Science MS student

RIT Student Affairs and Student Government have offered a Financial Wellness Conference on April 8th as part of National Financial Literacy Month which has seen participation from a lot of students at RIT. The conference was held to raise awareness about the importance of financial literacy which is one of the most important topic as believed by several millennials. The conference had an interesting concept of holding several sessions which are a 50 min long and students get to choose 3 sessions between 2-5pm. The conference kicked off with a keynote address by retired U.S. Bankruptcy Judge, John C. Ninfo who shared his thoughts on financial IQ. I choose the three sessions “Track the Flow of Your Money”, “Health Care Benefits 101”, and “Planning for Retirement”. In the first session “Track the Flow of Your Money” we got introduced to how to manage a budget and then also the allocations that need to be made in order to maximize the value of your paycheck. Later, I got to attend the session “Health Care Benefits 101” where the speaker talked about the various health

care options that companies offer to the employees and suggestions for comparing the options and choosing the best one. This session has particularly helpful as I am joining a company soon full time and I need to choose a healthcare plan. Finally, I attended the session “Planning for Retirement” which was about different instruments to save your money in order to plan for your retirement. The speaker spoke about stocks, mutual fund, bonds and several other instruments. In conclusion this was a great conference and is very helpful to students both undergraduate and graduate which will hopefully be conducted for years to come.

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