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It’s tough to know just what to do with your money, and how to know whether what you are doing is a safe and wealth-creating bet. Even though personal finance is widely considered one of the most important aspects of successfully navigating through life, many people never become sufficiently educated on its many different components. Understanding and successfully executing personal finance is hard enough without unforeseen and difficult circumstances, and COVID-19 has made what is already difficult for many, that much harder.
We are joined by CSB/SJU accounting and finance professors Boz Bostrom (SJU '95) Professor Ben Trnka (SJU '11) to chat about the best practices we can have when approaching managing our finances. Lessons about the importance of emergency funds and having different income streams. How we invest in a volatile and uncertain market, or better yet, where and how we should be investing our money at all. Lessons about how this time really isn’t different, and can certainly happen again.Lessons about how personal finance is truly personal (What is the difference between a 401k and a Roth IRA, anyway? And why do I need to have one as early as possible?). And much more.
5
44 ratings
It’s tough to know just what to do with your money, and how to know whether what you are doing is a safe and wealth-creating bet. Even though personal finance is widely considered one of the most important aspects of successfully navigating through life, many people never become sufficiently educated on its many different components. Understanding and successfully executing personal finance is hard enough without unforeseen and difficult circumstances, and COVID-19 has made what is already difficult for many, that much harder.
We are joined by CSB/SJU accounting and finance professors Boz Bostrom (SJU '95) Professor Ben Trnka (SJU '11) to chat about the best practices we can have when approaching managing our finances. Lessons about the importance of emergency funds and having different income streams. How we invest in a volatile and uncertain market, or better yet, where and how we should be investing our money at all. Lessons about how this time really isn’t different, and can certainly happen again.Lessons about how personal finance is truly personal (What is the difference between a 401k and a Roth IRA, anyway? And why do I need to have one as early as possible?). And much more.