Money Wise Mentors Selected for Fall 2011

By Ina Herlihy '14News Editor

Mentors for the first year of Scripps's personal financial literacy program—Money Wise Women Mentors (MWWM)—have been selected. They are: Alexa Clark ('14), Mary Creedon ('14), Sweta Garapati ('14), Aileen Le ('14), Szeyin Lee ('14), Julia Ogburn ('13), Leah Soffer ('13) and Jackie Yamanaka ('13).

Each mentor submitted an application outlining her experience in finance and interest in becoming a mentor. Qualified candidates were invited for interviews with the program’s student co-founders, Ina Herlihy ('14) and Maddie Ripley ('14), along with Scripps's Financial Aid Director David Levy, Assistant Economics Professor Sean Flynn and Pitzer's Financial Aid Director Margaret Carothers.

"It was wonderful to see such an enthusiastic group of applicants," said Ripley. "The energy of our mentors is essential for the program's success." This energy has emanated from students’ desire to learn more about personal finance, and then share what they have learned.

"I applied to be a mentor because I hope to teach people about personal finance so that they can make smart decisions,” said Ogburn. “But, also, I hope to learn something myself. I am looking forward to being able to help people with their confusing questions in a one-on-one manner. I feel that one-on-one is the easiest way to make sure people are getting their questions fully addressed."

Mentors will complete required summer reading books and attend an orientation in the fall to review financial literacy topics. This training will give mentors the information they need to answer fellow students’ questions.

"I want to be trained in better equipping myself and other women with personal finance knowledge," said Lee. "This knowledge is especially important for women because it empowers women to become financial independent and to fight against gender inequality in financial freedom in today’s society. I am passionate about educating myself and others on wisely handling debt after college, choosing among the different methods of investing, evaluating stocks and minimizing risks in my investment."

The topics Lee mentions, in addition to personal budgeting, saving, student loans and credit cards will be discussed in monthly workshops.

"Finance is not a field typically dominated by women," said Soffer. "Many women are scared of anything to do with the economy. I want to relive that stress and end that fear because personal finance is something everyone should know — just to be an educated citizen."

Mentors will answer students' questions individually during office hours, held bi-weekly at rotating dorms. Immediate questions will also be answered through MWWM's email: mwwm@scrippscollege.edu.

For current news and events about MWWM, like Money Wise Women Mentors on Facebook and follow @MoneyWiseWomen on Twitter.