State official visits Memorial, gives money managing tips

    Indiana Secretary of State Connie Lawson spoke to economics and government students about being smart with their money.

    Posted on March 14, 2014 at 10:17 p.m.

    After hearing Indiana Secretary of State Connie Lawson speak to his class Friday, March 14, Memorial senior Ty Strock said he's "kind of scared of credit cards."

    Lawson talked to about 85 economics and government students Friday about how easy it is to rack up credit card debt and how interest works. She said visiting high schools and talking to students about managing money is one of the most enjoyable parts of her job.

    Steve Asbury, a Memorial social studies teacher, said this is a good subject for high school seniors to hear about, because many of them are heading to college in the fall. 

    "We are always trying to teach them not only subject matter, but how to apply it to their lives," Asbury said. "They need to know the immediate repercussions of credit card debt, because they will soon be inundated."

    Lawson also talked about investment fraud and how to avoid being scammed. Her office investigates about 50 fraud cases every day, she said.

    She advised students to "ask questions" about any investment opportunity.

    "Just remember you are your own best advocate: If something sounds too good to be true, it probably is," she said.

    Chandler Burket, another senior in the group Friday, said he learned a lot from Lawson's presentation.

    Her suggestions about managing money wisely made him think more about getting a job when he's in college, and Burket said he's thinking about prioritizing his expenses.

    Follow reporter at Lydia Sheaks on Twitter at @LydiaSheaks

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