Watch the Video: Student Riley Siltman talks about the Personal Financial Planning minor
Finance and Business Analytics major Riley Siltman didn’t know there was a minor in Personal Financial Planning when he first came to UW-Green Bay, but when he learned about it, he found it fit in perfectly with his career goals. The Personal Financial Planning minor isn’t just for people who want a career in financial planning, it is for anyone who wants to have control over their personal finances. Siltman explains, “There is a lot of need for this industry in general. There are a lot of places hiring, a lot of internships out there. If you’re looking for a part-time position or full-time position, there’s opportunities all over the place regarding that.” Learn more about the Personal Financial Planning Minor.
[Note to reader: this video includes information about UW-Green Bay’s Personal Finance Minor]
Transcript: I like to think of it as how you manage your money, both, you know, physically and psychologically. And, I think a lot of people, when they think of personal financial planning, they just think of what they’re physically doing with it. But there’s a lot of, you know, psychology behind money as well. So, personal financial planning is really working on both sides of that spectrum. And I really like to focus on that psychological side and really understand what the person’s goals are and how we can bring that psychology into actually, you know, getting physical money in order to achieve those goals. Really trying to designate that need, I think is the first thing. So having people, you know, acknowledge like, “hey, I do need help. I could use, you know, some advice of some sort.” So, there’s a lot of demand regarding that because a lot more people are understanding that they do, in fact need help and our profession is there to fulfill that need. It can be combined with any major or minor and it’s just really beneficial. I mean even if you don’t necessarily want a career, like for me, I personally wanted to have this minor so that I could sit for my CFP exam after college. But individuals can, you know, have the Personal Financial Planning minor and not necessarily want to fulfill a career in the future in it and just get that education to, you know, serve themselves better. There is a lot of need for this industry in general. There are a lot of places hiring, a lot of internships out there. If you’re looking for a part-time position or full-time position, there’s opportunities all over the place regarding that. I’ve even found that, you know, there’s scholarship opportunities beyond that as well. So, having this Personal Financial Planning minor, it’s, it’s given me exposure to Personal Financial Planning Association, which has led me to be able to have great networking opportunities in conferences. I joined this association because I found it as a way to better myself. It’s been a great experience so far, so I’m really looking forward to doing more with it.