Contact: Wendel Sloan at 505.562.2253
Reporter: Sun Wiltse
PORTALES – November is SIFE National Financial Independence Month.
Students in Free Enterprise (SIFE) is a global non-profit organization that works in partnership with business and higher education to help college students take what they're learning in the classroom and apply it to real-life situations. Each year, SIFE Teams worldwide develop and implement thousands of educational outreach projects in their communities that are designed to teach others the principles of the free enterprise system. SIFE National Financial Independence Month projects conducted by SIFE Teams are eligible for awards totaling $13,500.
The ENMU chapter of Students In Free Enterprise will be doing presentations for freshman seminar courses during the month of November. The purpose of the presentation is to build awareness of personal finance and help students to be better equipped for debt management. The focus is on teaching the comparative details and management of various personal financial tools, i.e. checking accounts, savings accounts, on-line banking, etc.; the resources and techniques for developing and managing a personal/household budget; an understanding of credit, the responsible use of credit cards and how to build good credit; and the importance of saving/investing, with special emphasis on the time value of money.
Founded in 1975 and active on more than 1200 college and university campuses in 31 countries, SIFE is a non-profit organization that works in partnership with business and higher education to provide college students the opportunity to make a difference and to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise.
For more information, contact SIFE World Headquarters at 1.800.677.SIFE or speak with Dr. Lee Weyant, advisor to the Eastern New Mexico University SIFE Chapter at 562.2352, or visit www.sife.org.