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Wednesday, April 01

Brookdale Newsroom

Top Banking Official Speaks With Brookdale Students

Regardless of their major or career goals, nearly all young college students share one common concern: money. From financial aid and tuition payments to rent, car insurance and cell phone bills, aspiring college graduates are often balancing big responsibilities on small, part-time wages.

To help students navigate their undergraduate years – and prepare for a more demanding, more rewarding future – Brookdale welcomed New Jersey’s top banking and insurance official to Lincroft campus on Oct. 27 for an exclusive presentation titled “Show Me the Money.”

Richard J. Badolato speaks with students during a presentation in the Student Life Center on Oct. 27.

Richard J. Badolato speaks with students during a presentation in the Student Life Center on Oct. 27. Photo by Minh Connors.

Richard J. Badolato, commissioner of New Jersey’s Department of Banking and Insurance, spoke with Brookdale students about the importance of financial literacy and provided some real-world strategies for budgeting, planning and financial success.

One major takeaway was the importance of “paying yourself first,” or learning to save money wherever possible in order to build a cushion for major expenses or unexpected emergencies.

A former president of both the New Jersey State Bar Association with five decades of legal experience, Badolato has also received the Medal of Honor from the New Jersey State Bar Foundation and was the first-ever recipient of the “Lifetime Achievement Award” from the New Jersey Law Journal.

His presentation was sponsored by Brookdale’s Office of Student Life and Activities. Keep up with all college events by visiting Brookdale’s Student Life Calendar

Check out more photos from Richard J. Badolato’s presentation here

Photos by Minh Connors, Brookdale journalism student.