Episode 28: Money Strong: Empowering College Students for Financial Success

Empowering Students with Financial Literacy: The Money Strong Program at Butler

In this episode of the Bryan Foltice Behavioral Finance Podcast, Dr. Bryan Foltice discusses the Money Strong program, a new initiative designed for college juniors and seniors at Butler University aimed at improving their personal finance skills. 

This program, born from a collaboration with career mentor Randy Brown, aims to address the lack of financial literacy education for students, regardless of their major. 

Foltice shares insights into the development of the program, its four content modules focused on motivation, budgeting, dealing with student loans, and investing, and the broader mission to equip students with the knowledge to avoid common financial pitfalls. Additionally, he highlights the new personal finance club initiated by students, and plans to involve alumni and financial advisors to provide further support. This episode emphasizes the importance of financial literacy in aligning with one's life purpose and not allowing money to become an obstacle to achieving it.

00:00 Introduction to the Behavioral Finance Podcast
00:32 Unveiling the Money Strong Program for College Students
01:15 Summer Break Reflections and the Emotional Roller Coaster of Academia
04:06 The Genesis of the Money Strong Program: A Collaboration Story
07:45 Developing the Money Strong Program: Feedback and Design
09:57 The Four Modules of the Money Strong Program
20:16 Navigating Postgraduate Financial Decisions
32:46 Expanding the Money Strong Program and Building a Personal Finance Community
36:39 Conclusion and Future Plans