{"id":14880,"date":"2013-03-08T13:56:56","date_gmt":"2013-03-08T23:56:56","guid":{"rendered":"http:\/\/www.hawaii.edu\/news\/?p=14880"},"modified":"2020-11-30T15:18:56","modified_gmt":"2020-12-01T01:18:56","slug":"financial-responsibility-is-focus-of-uh-saves-day","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2013\/03\/08\/financial-responsibility-is-focus-of-uh-saves-day\/","title":{"rendered":"Financial responsibility is focus of <abbr title=\"University of Hawaii\">UH<\/abbr> Saves Day"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><iframe loading=\"lazy\" width=\"676\" height=\"380\" src=\"https:\/\/www.youtube.com\/embed\/-0TQ1Kr00lw\" title=\"Youtube video player\" allowfullscreen><\/iframe><\/p>\n<p>Most college students don&#8217;t plan long term when it comes to finances, if they&#8217;re planning at all. As a matter of fact, most students could be considered financially illiterate. <\/p>\n<p>That&#8217;s why, each year since 2010, the University of <span aria-label=\"Hawaii\">Â鶹´«Ã½<\/span> at M&#257;noa <a href=\"http:\/\/manoa.hawaii.edu\/finlit\/program\/\">Financial Literacy Program<\/a> sponsors <a href=\"http:\/\/manoa.hawaii.edu\/finlit\/program\/?p=612\"><abbr>UH<\/abbr> Saves Day<\/a>. The goal of the event is to teach students financial literacy and encourage them to start saving now, even if it is just to get into the habit. <\/p>\n<p>&ldquo;People don&#8217;t understand finances, especially personal finances,&rdquo; said <strong>Rosita Chang<\/strong>, a professor at the <abbr>UH<\/abbr> M&#257;noa Shidler College of Business. &ldquo;It is very important that people really recognize that savings is really a part of life, not just spending.&rdquo; <\/p>\n<p>Local financial institutions, government agencies and various <abbr>UH<\/abbr> and community organizations set up informational booths with fun and interactive activities. The focus was on financial responsibility and awareness and students received advice on everything from budgeting to managing credit card debt. <\/p>\n<p>&ldquo;This lady told me that I should save five percent of each of my paychecks so I&#8217;m not in debt like she was,&rdquo; said <abbr>UH<\/abbr> M&#257;noa student Ariana Ursua. &ldquo;And I could save money for a house before I am 30.&rdquo; <\/p>\n<p>The event also included The LifeSmarts Challenge, a game show where four teams made up of two students each compete to win a $500 scholarship for each team member. The overriding message of <abbr>UH<\/abbr> Saves Day did get through to many of the students. <\/p>\n<p>&ldquo;A lot of students feel like they&#8217;re broke and don&#8217;t have a lot of money to save,&rdquo; said Christopher Saki, <abbr>UH<\/abbr> M&#257;noa student. &ldquo;The power of a dollar that you save when you&#8217;re young is so much more than if you wait till you&#8217;re 30 or 40 to start saving money.&rdquo; <\/p>\n","protected":false},"excerpt":{"rendered":"<p><abbr>UH<\/abbr> M&#257;noa&#8217;s <abbr>UH<\/abbr> Saves Day event teaches students financial literacy and encourages them to start saving now.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,12],"tags":[146,9],"class_list":["post-14880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","category-video","tag-shidler-college-of-business","tag-uh-manoa","entry","has-media"],"aioseo_notices":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/14880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/comments?post=14880"}],"version-history":[{"count":16,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/14880\/revisions"}],"predecessor-version":[{"id":131492,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/14880\/revisions\/131492"}],"wp:attachment":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/media?parent=14880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/categories?post=14880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/tags?post=14880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}