Over the past few years there’s been a trend online of financial experts recommending credit cards for college students. Is this really a good idea? This strain of advice usually includes some of the following arguments: Why should college students have credit cards: Having credit helps establish a good credit history. Using credit early is…
Posts Tagged: Student Debt
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Jan
26
Plan for Paying off Debt: Setting Priorities When Making Payments
Each payday, as you tackle excessive amounts of debt and your income is just not enough to satisfy all of the payments due to all of your creditors, you are often faced with making challenging choices and decisions. Which bills must be paid? How much will go to each? Which could you either pay less...Read More read more
Jan
18
Insurance Basics: Everything you need to know
Insurance is a critical subject to understand for full financial literacy. There are many different kinds of insurance available to serve different purposes. Getting insurance is about mitigating risk. No matter how hard we try, we will always have some level of risk in our activities. We collectively and individually decide how much risk we...Read More read more
Jan
11
Basics of Taxes
Tax day falls in the middle of Financial Literacy Month. It’s a good opportunity for us to cover the basics of taxes and instill some financial literacy education while the subject is fresh on everyone’s mind. Kinds of Taxes Income Taxes are collected from people who draw an income in the US. The income taxed...Read More read more
