The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress in March 2020 in order to help struggling Americans during the pandemic. Included in the plan were assistance programs for workers, families, businesses, state and local governments, and more. While many are familiar with the $2 trillion stimulus package distributed earlier this year, the CARES Act has another benefit: the federal student loan payment pause.
Going to college is a big step. You’re able to stretch your legs and develop the skills you need to be independent once you graduate. One of the most important skills you’ll need to learn isn’t taught in the classroom: how to manage your finances in college.
Here are a few key tips to help you learn how to save money in college, build a solid budget, and help keep your checking account growing rather than shrinking each month.
You’ve finally graduated from college and are ready to strike out on your own. Then it hits you: There are a lot of new financial responsibilities ahead. If you’re like most new grads, the thought of financial independence seems appealing on the surface, but if you’re not sure where to start, it can feel overwhelming fast. Luckily, there are a few things you can do to start out on the right foot.
Savings & Budgeting
April 1st marks the beginning of both National Credit Union Youth Month and Financial Literacy Month, so what better time to find resources to teach your child about money?
Passing along your experience and insight is one of the greatest gifts you can give your kids. This is especially true when it comes to supporting their financial literacy. Building a strong financial foundation from an early age will help set them up for success throughout their lifetime. Here are four areas to focus on.
One of the most defining moments in an teen's life is choosing a vocation. Higher education opens many doors and is often the only choice for careers that require a specialized degree or training. Fortunately, there are plenty of ways to tackle the cost of higher education so you can achieve your dreams!