Pacific University staff may have a new way to manage their money with a little help. This October brings about the first session of Financial Peace University, offered to all university staff.
This program, being offered in the form of a nine week course, began on Oct. 2 and will continue on until Dec. 2. The course is being overseen by Executive Assistant Jolene Vice, who is very interested in Financial Peace University herself.
“This is the first year it’s being offered at Pacific, and primarily because I love this stuff and want to share more about it as often as I can can.” Vice said.
The program advertises itself as a, “Proven program that will show you how to master budgeting, save for emergencies, pay off debt, plan and invest for the future, and live and give like no one else.” The step by step course was designed by Dave Ramsey, an American businessman and author.
His teachings focus on recentering the average Americans fascination with credit scores and loan balancing, to intense saving and disregard for the concept of credit. Instead of building one’s, “I love debt score,” as he calls it, he subscribes to a more cash based lifestyle.
Those dubious about the program are not alone in questioning these teachings. People often cite issues with renting and buying homes or vehicles as a result of this credit free concept.
But some who participate and actively pursue an altered financial lifestyle feel very positively about the change, especially when applied to their professional life. This being one of the reasons Vice wanted to open this opportunity up to Pacific staff.
“There is a lot of research that shows that people who are financially secure at home are better employees.” Vice said. “You’re less likely to be leaving work to handle financial situations, less stressed about your personal life while at the workplace and more confident in your abilities.”
Although Pacific’s fall course has already started for staff members, revisiting the class is not out of the question. If interest remains Vice was optimistic about coordinating more sessions in coming years, maybe even opening this opportunity up to students eventually.
Those who are interested in learning more about the program can contact Vice with the College of Arts and Sciences, or search Financial Peace University to find their website.