Pete Simons ’98 hosted the Personal Finance Panel for the 6th consecutive year, closing out the 3rd Thursday Alumni Panel Program, which is sponsored by the Dean’s Advisory Council. Pete — who currently works as a Staff Accountant at the US Securities and Exchange Commission Philadelphia Regional Office — stressed the value of the program for a 22 year old college grad going into the work force, learning how to save money to build and manage wealth.
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Panelists included:
Dante Germano, COO Nexus Properties, from the Dean’s Advisory Council: Real Estate slides
Bryan Kuderna ’09, Certified Financial Planner with Kuderna Financial Team: Retirement Planning/Investments website
David Maurer ‘00, Financial Planner with MetLife Premier Client Group: Life/Disability/Health Insurance slides
Jennifer Silvestrov ‘03, Interim Supervisor, Visa Debit Recovery Team at TD Bank: Debt Management/Online Security slides
View Photo Gallery here: [nggallery id=34]
The panelists cautioned…
- the biggest mistake people make when starting out is not budgeting
- you should always have a 6 month cushion (in savings), in the event of unemployment
- life insurance is income protection for your survivors
- take advantage of employer matching programs
- build credit now, and check credit rating for accuracy
- “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” ~ Warren Buffett