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Category Archives: money mondays
Money Mondays: Mortgages
The past few weeks we have focused on loans that you will likely have to think about in the very near future. Perhaps a little farther off is another loan: a mortgage. At some point in your life, you’ll probably … Continue reading
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Tagged financial literacy, money, mortgages, personal finance
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Money Mondays: Vehicle Loans
Even if you don’t have student loans, which we discussed last week, you will probably have other kinds of loans at some point in your life. One example is a vehicle loan. Unless you plan to live in a place … Continue reading
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Tagged car loans, financial literacy, money, personal finance, vehicle loans
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Money Mondays: Student Loans
A few weeks ago we talked about saving money for things we want in the future. This week we’re going to discuss one of the expenses that makes saving difficult: Student Loans. Below is a graph that describes the situation … Continue reading
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Tagged debt, financial literacy, money, personal finance, student loans
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Money Mondays: Compound Interest
In case last week’s blog didn’t convince you of the benefits of saving, this week we’re going to talk about compound interest. Compound interest is often referred to as interest on interest because it is “calculated on the sum loaned … Continue reading
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Tagged compound interest, financial literacy, money, personal finance
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Money Mondays: Saving Your Money
Last week we talked about budgeting your money, the goal being to have your income exceed your expenses. “Why would I want to leave money sitting around when I can buy cool things like [insert cool thing here]?” Well, I’ll … Continue reading
Money Mondays: Budgeting Your Money
If you want to become more financially stable, the first step is to develop a budget. Your budget is the foundation for everything else we’ll talk about this semester. Without a budget, you’ll struggle to manage your money in the … Continue reading
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Tagged budget, financial literacy, money, personal finance
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Money Mondays: What is Financial Literacy (And Why Should I Care)?
According to the U.S. Census Bureau, the average household debt in 2011 was $70,000. You could buy an iPad Air for yourself and 139 friends with that kind of money! Money management does not come easily to most people, and … Continue reading
Posted in money mondays
Tagged financial literacy, money, personal finance
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