College is a time of new found freedom for many students. But that can spell trouble if that freedom applies to personal finances too. Students need to understand basic money management skills such as living within a budget and handling credit and debt. A solid financial foundation can lead to a lifetime of financial success.
The American Institute of CPAs has created website for interested college students seeking advice and information about money management. Click on the website link below:
Salt works with students, alumni, and our partners to help remove financial barriers to higher education and let you freely and confidently pursue your dreams.
Today, a majority of consumers are experiencing some sort of financial difficulty causing a significant impact on their everyday lives. In fact, Americans carry more than $2 trillion in consumer debt and 30 percent of consumers report having no extra cash; making it impossible to escape the burden of living paycheck to paycheck.
April has been declare National Financial Literacy Month; and for good reason. Too many Americans are insufficiently educated about their personal finances.
FinancialLiteracyMonth.com. No matter what day or month of the year a consumer begins their 30 step path to financial wellness, it will help them to create a successful strategy to better their overall financial position.
Are you thinking about taking out a federal student loan to help pay for college or career school? Check out this video to learn about your responsibilities as a borrower and what you should consider when taking out loans for college. Visit http://StudentAid.gov for more info.
In this course, LCC students will develop the skills needed for financial independence. Budgeting basics, including housing, transportation, utilities, food, and medical care will be covered using real-time personal information. Banking, credit, taxes, and investments for future planning will be analyzed. Independent research into personal financial literacy needs will be supported. Click on the link below for more information about this course: