Tuesday, May 06, 2008
Farnoosh Torabi, a 2002 Penn State alumna in finance and international business and author of "You're So Money: Live Rich Even When You're Not," recently answered questions about her book and her philosophy about living well without living beyond your means. She also talked about how Penn State influenced her career and offered advice to Penn State students. (more)
Tuesday, May 06, 2008
Penn State alumna Farnoosh Torabi's book may be simultaneously the most reader-flattering and trendy personal finance book title ever written. "You're So Money: Live Rich Even When You're Not" offers a light read but a hefty amount of user-friendly advice especially for, but not limited to, Generation Y young professionals and Millennials. (more)
Friday, May 02, 2008
With incomes dropping, lay-offs rising and home foreclosures everywhere signaling a struggling economy, an extension consumer finance specialist in Penn State's College of Agricultural Sciences offers tips for dealing with financial difficulty. "Aside from the newspaper headlines, the comments I hear from consumers are about the increased cost of food and gas, and they're making conscious efforts to plan shopping or errand trips," says Cathy Bowen, associate professor of agricultural and extension education. "We're seeing layoffs and jobs moving overseas, but income can be lost for other reasons, such as divorce, natural disasters, illness or injury. (more)
Wednesday, March 05, 2008
When President George W. Bush cited the nation's subprime mortgage debacle in the formation of the President's Advisory Council on Financial Literacy, he was the latest to acknowledge that Americans need to be better educated about financial and savings matters, says a consumer educator in Penn State's College of Agricultural Sciences. "Pennsylvania Secretary of Banking Steve Kaplan recently cited a workplace financial education report claiming that nearly 30 million working adults - one in four - are suffering serious financial distress," says Cathy Bowen, associate professor of consumer issues programs. "This can have a negative effect on employee performance and the company's bottom line." (more)
