GVSU students developing an app to help others understand money [Video]

GRAND RAPIDS, Mich. — Senior James Johnson and associate professor Julie Goldstein were working on the app FinLit Friday afternoon.

When completed, FinLit will be a tool to help students manage their money.

GVSU Associate Professor Julie Goldstein said, “It’s basically a financial literacy app that is going to attempt to try to make the information available and accessible to college-age students. So, it’s empowering college-age students with their finances.”

The prototype was developed by high school students in 2021 as part of the university’s REP4 program.

“First what we’re doing is looking at the idea, doing research, seeing if there’s anything else out there.” Said Goldstein.

After taking a quiz, users will get an animal avatar that fits their financial personality.

GVSU Senior James Johnson IV said, “Before we can teach you anything. Let’s assess whether or not you overspend. You’re overconfident with your spending. Do you know how …