'It's Your Reality' Hits Home with Many Students

LEXINGTON, Ky., (Sept. 10, 2014) – The University of Kentucky’s It’s Your Reality program can open students' eyes to their present and future financial responsibilities.

The event will be from 11a.m. to 2 p.m. today (Sept. 10) in the UK Student Center Grand Ballroom. The UK College of Agriculture, Food and Environment’s Managing in Tough Times Initiative is sponsoring the event.

“The event is held during the fall because students can get into trouble really quick with credit card debt when school starts because they’re not thinking about the costs of everyday expenses,” said Jeanne Davis, co-director of the Managing in Tough Times Initiative. “The event can help them prepare for their current expenses as well as those they will incur as they enter the job market after graduation.”

During It’s Your Reality, students receive the current average starting monthly salary for their major. Students will then “spend” their monthly income by selecting the lifestyle items they hope to have after college. Experts will be available to assist in the decision-making process, addressing financial considerations that include student loans, credit card debt, groceries, entertainment, furniture, housing, health expenses and property taxes. In fall 2013, more than 970 UK students participated in the event and learned the financial realities of life after college.

Event organizers will award door prizes, and lunch for participants will be available in limited quantity.

More information about the event is available on UK’s MoneyWi$e website, http://www2.ca.uky.edu/moneywise/.

                                                                                                       

 

MEDIA CONTACT:  Katie Pratt, 859-257-8774.