Erin Hong, WH ’26, Tenafly, NJ
This summer, I had the incredible opportunity to intern at Common Cents, a student-run organization at the University of Pennsylvania that doubles as a national nonprofit. Our mission is impactful yet simple: to prepare college students and underserved high school students with the necessary financial skills to achieve independence. The core of Common Cents’ approach lies in its community-oriented structure, where committees collaboratively organize events, workshops, and craft bespoke educational resources tailored to the unique needs of our peers.
The intimate setting of Common Cents, where I knew each team member personally, fostered a warm and supportive environment that was conducive to both personal and professional growth. This familiarity allowed for a free exchange of ideas, making our meetings feel more like brainstorming sessions among friends rather than formal corporate gatherings. It also enabled me to take initiative confidently, knowing that my contributions would be received openly and constructively.
Reflecting on the broader industry, it’s evident to me that the landscape of non-profit organizations focused on financial education is both challenging and incredibly rewarding. The impact of financial literacy on young people’s lives cannot be overstated, and being part of a team that directly contributes to this cause has been enriching. As financial landscapes evolve and new economic challenges arise, the role of organizations like Common Cents becomes even more important. This summer has not only solidified my commitment to financial literacy but also highlighted the importance of adaptability and community in driving meaningful change.
This is part of a series of posts by recipients of the 2024 Career Services Summer Funding Grant. We’ve asked funding recipients to reflect on their summer experiences and talk about the industries in which they spent their summer. You can read the entire series here
