Financial literacy is the ability to understand and effectively utilize various money management skills and apply them to personal financial management. Financial education includes topics such as cash management, budgeting, managing debt, saving, investing, tax and tax planning. Our goal is to implement financial literacy on campus and provide impactful resources to students to develop financial literacy throughout your college career.
Videos on financial literacy concepts
Financial Literacy Events:
There are no upcoming events at this time. Check back soon!
Barron’s in Education:
Have you activated your complimentary access to Barron’s? Barron’s is one of America’s leading financial news resources. Barron’s has partnered with Michael Hirthler, CIO, Jacobi Capital Management to bring King’s College students complimentary digital access to Barron’s and additional experiential learning opportunities. The Barron’s in Education mission is simple – to connect business with academia to enhance financial proficiency, aiding the development of the next generation of business leaders. Sign up for your complimentary account here. Learn How to read Barron’s here.
Budgeting and Saving
Budgeting is an action plan and will give you a clear picture of where you are spending your money. Preparing a monthly budget will give you a plan for every dollar you make and help you track your progress along the way.
- NerdWallet Budgeting for College Students
- Jump$tart’s Reality Check (Salary Planning)
- Fidelity Five Money Musts
Credit and Credit Cards
Managing credit and credit cards can be daunting, but it can also positively impact your life, if managed. Credit cards can build your credit now to help you purchase large items like a house or car in the future. Credit is a major component in today’s economy, and it reflects your status as a borrower.
Student Loans
Federal Student Aid, loan servicers, and your Financial Aid Office are your best resources for navigating student loans.
- Federal Student Aid Loan Repayment
- Find Your Student Loan Servicer
- Federal Student Aid Money Management Checklist (PDF Download)
- You Can Deal with It Calculators and Resources
- You Can Deal with It Student Aid 101
Taxes
Navigating tax code and planning to file your taxes is a huge part of your financial education and will be especially important after you graduate and start working. The IRS provides extensive resources about who should file taxes and what credits you might be eligible to receive.
- Volunteer Income Tax Assistance (VITA) Program – This program offers free tax help to people who generally make $54,000 or less, people with disabilities, and taxpayers who need assistance in preparing their own tax returns.
- IRS Resources
- NerdWallet Tax Planning