Financial Goal-Setting

May 20, 2013

goalsMany people set career goals for themselves. However, what about financial goals? Setting financial goals is just as important as setting career goals. Financial goal-setting is a great way to achieve your financial aspirations, not to mention it can help you stay more disciplined with your spending plan or budget.

Here are some steps to setting financial goals:

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Guide to a Budget-Friendly Summer

May 13, 2013

It’s possible to have fun this summer without spending a lot of money. Here are some ideas to get you started on having a fun and frugal summer break–with your friends or with a date!

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5 Easy Steps to Improve Your Finances

May 6, 2013

piggy-bank1. Open a Savings Account and Add Direct Deposit

If you already have a savings account—great! If not, head over to your local bank (or use an online bank) and set one up, preferably one with a great interest rate. Next, you have two options: 1.) have a percentage of your paycheck direct deposited into the account or 2.) set up an automatic transfer from checking account to your savings account. The money will grow without much effort on your part and chances are, since it’s automatic, you probably won’t even miss the money because you hadn’t seen it yet!

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Fresh Start

campus spring

Tuesday, April 30, 2014

The weather is finally getting warmer, finals are just around the corner, and we’re winding our way down to the end of the spring semester. Our seniors will be graduating (congratulations Class of 2013!) and we’ll be preparing for new freshmen to make their way to campus in just a few short months. Here at CU Money Sense, we’re coming up with ways to make sure all our students (future and present) make smart financial decisions while attending CU and after graduation.

According to a study conducted by Sallie Mae, “Eighty-four percent of undergraduates admitted the need for more financial management education. Of these, 64% would have preferred some type of financial literacy education in high school and 40% as college freshman.” Managing money, scholarships, and student loans can be confusing. This is why we want to remind all our students that CU Money Sense is a financial literacy program—on campus—designed to help YOU out. Through free workshops, seminars, and one-on-one sessions (coming soon), we are available as a resource to help you figure out your personal finances.

We have a lot of new and exciting things coming up in the future. We hope you’ll continue to check our website for new events, weekly blog posts, and fun and helpful tools and resources. If you have any questions or would like to schedule a financial literacy workshop for your campus group or organization, please don’t hesitate to email us at CUmoneysense@colorado.edu or contact our new Financial Literacy Educator, Niomi Williams, at (303) 492-0726.

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We’re always asked:

How do I establish credit as a college student?

Well, here are some great answers (and things to watch out for) from John Ulzheimer at Credit Card Insider:

College and Your Credit

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Goodbye to the Guru

Sadly, Matt Reichenbach, our Greenback Guru, has moved on to greener pastures. We will be hiring a new CU student in August 2013 to write a weekly personal finance blog. If you’re interested, please send your resume and writing samples to CUmoneysense@colorado.edu.

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Housing

February 14, 2013

I moved back to Boulder from Niwot last weekend, after a 5-month stint in the basement of an old farmhouse (both thrilling and terrifying, I know). I lived there with the same roommate I’ve had for over three years, and we recently decided to split apart and live with new people. I enjoyed living with her, and I’m lucky that I had such a great roommate for so long. But I wanted to see some fresh faces, and I was not enjoying the commute every day into Boulder.

I didn’t have an easy time finding new roommates because none of my friends had an empty room in their homes or apartments. So I did the next best thing: Read more

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