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MOMENTUM
A Web Letter from the Office of the Provost - April 2022
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By Mary Jane Chew

Libraries, Boiler Financial Track help students get “money smart”

Libraries and School of Information Studies and Boiler Financial Track are helping Purdue students develop better financial habits and get “money smart” this month, thanks to a generous gift from Purdue Federal Credit Union. During nationwide Money Smart Week, students were encouraged to save their lunch money by attending a series of mid-day events on financial topics relevant to today’s Boilermakers, like “Why Didn’t They Teach Me This in High School? Budgeting and Saving Tricks for Undergraduate and Graduate Students,” “Use Your Money to Make Money: Investing for Beginners,” and “Check Yourself Before You Wreck Yourself: Free Credit Q&A.” At each event, students were treated to coffee or a free boxed lunch, tips for what to do with the money they saved, and a reusable lunch kit to encourage them to continue taking small savings steps towards a bright financial future.

Led by Zoeanna Mayhook, assistant professor of Libraries and Junia McDole, program director for Boiler Financial Track, this year’s Money Smart Week programming was the first of its scale at Purdue, and a resounding success. Each day, students filled Room 231 of the Purdue Memorial Union until capacity was reached and all lunches were claimed. Many students returned for multiple days of programming, enjoying the opportunity to learn about financial topics that can feel overwhelming or intimidating—through a series of straightforward and often humorous presentations.

Students recieved reusable lunch kits.

“I am delighted by the enthusiasm our students have shown for Money Smart Week,” said Beth McNeil, dean of Libraries and School of Information Studies and Esther Ellis Norton Professor of Library Science. “Libraries believes strongly in the lifelong value of financial literacy. Money Smart Week exemplifies our mission to meet the information needs of campus and develop all students’ information, data, financial, and visual literacy skills, which provide a critical foundation for professional and personal success post-graduation.” 

Libraries and Boiler Financial Track are available to help Boilermakers develop money smart habits and financial literacy skills all year long. Libraries’ Financial Literacy guide provides students, alumni, community members, and educators with tools and resources that improve financial literacy knowledge and decision-making skills. Boiler Financial Track is an active and ongoing collaboration between Purdue Student Life, Recreation & Wellness, and Purdue Federal Credit Union. Together, they equip students with the education they need to be savvy financial consumers.

Libraries plans to continue Money Smart Week programming in 2023.