Did you know that the average college student seeking a Bachelor’s degree graduates with nearly $3,000.00 in credit card debt and nearly $29,400.00 in student loan debt?
With college tuition and fees increasing every year, the ability to make sound financial decisions is just as important as doing well in your classes. Smart financial management is an everyday reality. Learning how to budget money, limit unnecessary spending, and how to choose the best credit card and bank account are all important steps in developing a strong financial future.
The following Financial Literacy 101 Fact Sheets also offer helpful information.
- Avoiding Fees
- Getting out of Debt
- Identity Theft
- Your Spending Decisions
- Borrowing for Success
- Credit and Debit
- Better Money Habits: Build your financial know-how with free tools and information to help you make more confident decisions. It’s a simple way of getting real, practical knowledge, brought to you by Bank of America in partnership with Khan Academy.
- 360 Degrees of Financial Literacy: Provides the tools for making sound financial decisions at every stage of life.
- College Cost Calculator: Use this site to calculate the cost to attend college
- Consumer Financial Protection Bureau Student Debt Repayment Assistant
- National Endowment for Financial Education Cash Course: CashCourse is your guide to making informed financial choices. Get prepared for whatever life has in store: Register for a free account, and take charge of your money.