The Junior Financial Executives of Laguna State Polytechnic University-San Pablo City Campus (JFINEX LSPU-SPCC), under the College of Business Administration and Accountancy – Student Council, proudly announces its 5th annual Financial Management Conference. Guided by their esteemed Dean, Dr. Desiree L. Wagan, and organizational advisor, Mr. Dennis Gaudencio III R. Lorica, this milestone event will take place on January 31, 2025.
Themed “Nag-S.I.S.I. Ka Na Ba?: An In-depth Discussion About the Importance of SAVINGS, INVESTMENTS, SECURITY AND INSURANCE”, the conference promises to provide attendees with critical financial knowledge. By addressing these four financial pillars, the event aims to equip Financial Management students with essential skills for building a secure financial future. Participants will gain insights to enhance their financial literacy, enabling them to make informed decisions and cultivate a robust financial mindset.
Understanding the Four Pillars of Financial Management
In line with the event’s theme, let’s debunk some common misconceptions about savings, investments, security, and insurance:
SAVINGS
Many believe saving money restricts their spending freedom, especially young individuals eager to enjoy life. Others think saving is only for those earning large amounts, dismissing it as impractical for smaller incomes. However, savings are less about the amount and more about disciplined budgeting and sound financial management. With the right mindset, anyone can build a habit of saving and reap its long-term benefits.
INVESTMENTS
The term “investment” often intimidates people, especially those unfamiliar with its true meaning. A prevailing misconception is that investing is exclusive to the wealthy or industry experts. Fear of scams or loss also deters many from taking the first step. Others mistakenly think that successful investments guarantee the same results for everyone, leading to poor decisions based on hearsay rather than research. In reality, investment success requires careful planning, due diligence, and a willingness to learn from credible sources.
SECURITY AND INSURANCE
Security and insurance are often undervalued and perceived as unnecessary expenses unless one faces dire circumstances. Many associate insurance solely with death benefits or see it as a product for older individuals. The industry’s reputation is further tainted by misconceptions about insurance companies being mere networking schemes. However, insurance plays a critical role in protecting one’s assets, health, and future, ensuring peace of mind during life’s uncertainties.
Why Attend the Conference?
The “Nag-S.I.S.I. Ka Na Ba?” conference provides a unique platform for students to break free from these misconceptions and embrace financial literacy as a lifelong tool. Expert speakers will share practical strategies and real-world insights, empowering attendees to understand, apply, and maximize the value of savings, investments, security, and insurance.
Don’t miss this opportunity to fill the vault of your mind with knowledge that can shape your financial future. Together, let’s make 2025 the year we take charge of our financial lives.