1. Graduate and Professional Student Orientation – avoiding financial pitfalls and getting help to make good money decisions Being financially savvy includes knowing free and trustworthy resources – all U MN students are eligible for free, confidential financial counseling, in-person at Boynton Health Service, from LSS Financial Counseling. To schedule, call LSS at 1-888-577-2227 or visit www.ConquerYourDebt.org

2. The new rules of money • Key trends likely to affect you: • Rise of consumer debt “norm” and related decrease in savings rate to almost zero • Persistent high unemployment & austerity-focus papered over by easy credit access • Much greater complexity in financial products sector and online entrapments/scams • Mass consumption of advertising, with behavioral and neurological implications • NEW RULES needed, versus the “old school’ rules your parents needed • NSR vs OSR examples with credit scores, taking on debt, consumer protection • A couple thoughts about humility vs shame with personal finance: • Let’s move personal finance and debt from STD-level shame to organic foods-level • Getting help is a sign of personal strength – but please stick to nonprofit sources