Hiwassee College Holds Financial Literacy Program

Charlie Robbins, Assistant Vice President of Volunteer Federal Savings Bank in Madisonville, illustrates to Hiwassee College students the differences between a barter system and money transactions.  Pictured are (L to R):  Justin Holcomb from Tellico Plains, Tshombe Farmer from Chattanooga, Taylor Schultz from Madisonville, and Robbins.

Hiwassee College held a presentation on Financial Literacy in the College Auditorium on Monday, October 15.  Charlie Robbins, Assistant Vice President of Volunteer Federal Savings Bank in Madisonville posed the question, “Who likes money?” and many hands shot into the air.

Robbins introduced to the students some thought-provoking concepts on how values influence financial transactions and how education impacts career earnings.  Three Hiwassee students:  Taylor Schultz, Tshombe Farmer and Justin Holcomb assisted in a skit illustrating the difficulties of a barter system compared to the relative ease of money transactions.  Robbins’ portion of the event concluded with advice for students regarding credit.

Ronda McClanahan, Director of Financial Aid at Hiwassee College discussed with the students the availability of scholarships and other sources of funding for education. The students received information on how to acquire educational aid and also advice on how to search for funding sources.