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The UConn chapter of the National Association of Black Accountants is offering a Money Management Workshop Money Management 101: How to Manage Your Finances as a College Student on Monday, February 14th at 7:00pm in the School of Business, Room 112
Hint: Important terms throughout this website are linked to definitions.
Click the term to view a tooltip. Example: APY
Hint: Important terms throughout this website are linked to definitions.
Click the term to view a tooltip. Example: APY
Financial Literacy
Financial Literacy is the ability to understand and analyze your finances and your financial opportunities.
In this difficult economy, it is even more important that students manage their finances carefully. The decisions you make now, from choosing which student loan to borrow to how you use a credit card, will affect you for years after you graduate. The Office of Student Financial Aid Services is providing this website to help our students make informed decisions with their money.
If you have questions or comments about this website, or if you would like to suggest topics to be included, please contact us.
To get started, click a link in the menu on the left or choose from the options below.
Are you an incoming student? Are you a continuing student? Are you about to graduate?
Start with these topics:
4. Credit Cards
Try these topics:
4. Goal Setting
5. Credit Cards
These topics may be helpful:
4. Goal Setting
Disclaimer: Nothing on this website should be construed as authoritative financial advice. Your circumstances are unique and you may want to consult a financial advisor. The authors of this website are not financial planners.
APY: The Annual Percentage Yield is the true rate of return of an investment in one year, taking into account the effect of compound interest.Interest: This is the additional amount you will pay to a lending institution to borrow money. In terms of savings, interest is the additional amount you will earn for having your money in a bank account or other savings vehicle.Rate of Return: Another name for this is Return on Investment (ROI). Simply put, the Rate of Return (ROR) is a percentage figure that measures how money grows in any savings vehicle.
