Changing the meaning of money for millennials.


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Goals

> To make financial literacy more accessible and comprehensible

> To host workshops and events on a regular basis

> To reach the community outside of campus

> To extend to other universities

> To shift the financial mindset of millennials


Our 3 M's

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Mindset

Shifting the outlook of money for millenials from a short term to a more long term mindset is a core principle of financial literacy. To get over instant gratification and be able to manage money with your future in mind, rather than short term happiness.

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Manage

Managing your money efficiently is the foundation of building towards financial freedom. Proper money management includes budgeting ahead properly, setting a certain amount aside for emergencies and necessary upcoming purchases, and always being aware of how much money you have. Your money is an extremely valuable asset so you must handle it wisely and make sure the value of your assets multiply over time.

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Multiply

To build wealth, it is important to have your money working for itself, so you will not be working for it forever. Placing your money in investment accounts or in assets that gain value over time, such as real estate, is essential in reaching financial freedom.

Main Topics

Budgeting

Credit

Taxes

Investing

Generational Wealth


Previous Sessions

 Budgeting   We invited a representative from Wells Fargo who came in and guided a student volunteer through the creation of their budget. Our representative prepared a budget template via Excel that we were then able to share with all attendants of the program. Once the student’s budget was complete, our representative ended with an impactful closing statement that emphasized the importance of maintaining financial health from a young age.

Budgeting

We invited a representative from Wells Fargo who came in and guided a student volunteer through the creation of their budget. Our representative prepared a budget template via Excel that we were then able to share with all attendants of the program. Once the student’s budget was complete, our representative ended with an impactful closing statement that emphasized the importance of maintaining financial health from a young age.

  Debt Management/ Student Loans    We covered the basics of debt management and different forms of debt. We then helped our audience understand the importance of establishing credit and being able to understand your credit score. We showed different student credit cards with affordable rates that would be good for first time credit users. We then finished with a Q&A with a campus financial officer giving students a chance to understand more about student loans and their payment process.

Debt Management/ Student Loans

We covered the basics of debt management and different forms of debt. We then helped our audience understand the importance of establishing credit and being able to understand your credit score. We showed different student credit cards with affordable rates that would be good for first time credit users. We then finished with a Q&A with a campus financial officer giving students a chance to understand more about student loans and their payment process.

  Investing    This panel event informed inquisitive young students a  bout how to responsibly get into investing as a college student. Our panel consisted five individuals who specialized in different fields of investing, including a registered representative, a financial advisor, a venture capitalist, and a real estate specialists.  We briefly covered topics ranging from the stock market, to real estate, all the way to angel investing and insurance. Students were able to ask questions and network with the panelists following the panel.

Investing

This panel event informed inquisitive young students about how to responsibly get into investing as a college student. Our panel consisted five individuals who specialized in different fields of investing, including a registered representative, a financial advisor, a venture capitalist, and a real estate specialists.  We briefly covered topics ranging from the stock market, to real estate, all the way to angel investing and insurance. Students were able to ask questions and network with the panelists following the panel.

  Generational Wealth    We got the chance to host two wealth managers from Wells Fargo who shared personal cases with about anonymous clients of theirs who were in excellent financial health, as well as poor financial health. Following the cases, attendants also received multiple online resources to help find financial aid as well as other financial resources useful for college students.

Generational Wealth

We got the chance to host two wealth managers from Wells Fargo who shared personal cases with about anonymous clients of theirs who were in excellent financial health, as well as poor financial health. Following the cases, attendants also received multiple online resources to help find financial aid as well as other financial resources useful for college students.

  Alpha    We had the pleasure of presenting on financial literacy during Alpha week of the Mu Tau Chapter of Alpha Phi Alpha at UNCC. To match their NBA all star weekend theme, we created a fun, innovative form of financial jeopardy where each team had to answer our trivia questions then shoot basketballs into small hoops in order to receive the points. We included a few basketball trivia questions with our financial knowledge to cater to the theme.

Alpha

We had the pleasure of presenting on financial literacy during Alpha week of the Mu Tau Chapter of Alpha Phi Alpha at UNCC. To match their NBA all star weekend theme, we created a fun, innovative form of financial jeopardy where each team had to answer our trivia questions then shoot basketballs into small hoops in order to receive the points. We included a few basketball trivia questions with our financial knowledge to cater to the theme.

  General Body    Meeting    We opened with an icebreaker inviting everyone to join in deep thought of recent financial situations they have been in which costed them greatly. We brainstormed different ways to cut down these costs as a group for future purposes. We then went into an exciting, high-energy game of financial jeopardy which engaged and educated our members immensely as they battled for first place.  Our members left with newfound knowledge and a thirst for more financial knowledge.

General Body  Meeting

We opened with an icebreaker inviting everyone to join in deep thought of recent financial situations they have been in which costed them greatly. We brainstormed different ways to cut down these costs as a group for future purposes. We then went into an exciting, high-energy game of financial jeopardy which engaged and educated our members immensely as they battled for first place.  Our members left with newfound knowledge and a thirst for more financial knowledge.

  RSA    The Resident Student Association invited us to present during one of their meetings to educate their residents on the topic of financial literacy.  We conducted a lively game of Financial Jeopardy for the attendants where they were able to learn and have fun. The Jeopardy game covered topics ranging from budgeting all the way to compounding interest. Financial Jeopardy was followed by a brief Q&A session where students asked further questions about things like bonds and budgeting tips.

RSA

The Resident Student Association invited us to present during one of their meetings to educate their residents on the topic of financial literacy.  We conducted a lively game of Financial Jeopardy for the attendants where they were able to learn and have fun. The Jeopardy game covered topics ranging from budgeting all the way to compounding interest. Financial Jeopardy was followed by a brief Q&A session where students asked further questions about things like bonds and budgeting tips.

  Hip Hop & Finance    We were able to partner with Worth Advisors for this amazing, creative event. During the event, we were presented with a mind-blowing breakdown of lyrics from Jay-Z’s album  444  that all pertained directly to financial literacy. The lyrics were played then led to in-depth descriptions and discussions. The presentation made for a wonderful evening combining relevant music and knowledge to our generation.

Hip Hop & Finance

We were able to partner with Worth Advisors for this amazing, creative event. During the event, we were presented with a mind-blowing breakdown of lyrics from Jay-Z’s album 444 that all pertained directly to financial literacy. The lyrics were played then led to in-depth descriptions and discussions. The presentation made for a wonderful evening combining relevant music and knowledge to our generation.


Meet the Founders

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Cody Droce

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 "Financial freedom will be reached through proper financial litearcy education."

"Financial freedom will be reached through proper financial litearcy education."

Kris Sherrod

Kris Sherrod graduated from University of North Carolina at Charlotte with a Bachelor of Science in Business Administration degree in Finance in 2018. He took an interest in finance because it allowed him to utilize his gifted mathematical abilities while gaining a deeper understanding for the extreme American obsession of the dollar. Kris feels as though many problems can be solved and people can be aided through financial education. He obtained his NC Life Insurance License in April 2018.   

Kris is originally from Raleigh, NC.  He is the son of theJames and Marsha Sherrod and has two brothers, Clee and Terez Sherrod.