Managing Money
Welcome to financial wellness content powered by iGrad
A leading provider of financial literacy resources and information. iGrad content represents the views of iGrad only and not the views of the CT Dollars & Sense financial literacy portal, CHESLA, CHET, the Office of Higher Education, or other participating state agencies. Inclusion of iGrad content is for informational purposes only and does not constitute a recommendation or endorsement of any such content, product or service.
Managing Money
Tips and Plans to Create Consistency
Managing money while paying for college is tough, but with the right strategies, it’s possible to stay on top of your finances. Start by creating a budget to track your income and expenses, look for scholarships and grants to reduce tuition costs, and consider part-time work to earn extra income. Be mindful of your spending, avoid unnecessary debt, and make the most of student discounts and resources available to you. With these tips, you can manage your money effectively and focus on your education.
How to Assign a Savings Goal and Timeline
So, you have a goal in mind, but now what?
It’s important to define your goals so you know you’ll be able to reach them. Luckily, we’re here to walk you through the process so you can have a clear path towards your goals
Analyzing Your Budget
Besides listing your income and expenses, your budget can help you analyze your spending and identify ways to save money. Just like looking for ways to spend less and living within your means, developing an awareness for the psychological factors that make you spend will enable you to better manage your money on an ongoing basis and work towards your financial goals.
Getting Started With Assessing Your Finances
With rising prices and increasing interest rates, many households are finding that they have little to no surplus income each month. The good news is, knowing how to properly manage your money can help you stay afloat during hard times.
Taking Small Steps to Reduce Your Financial Stress
Financial stress can sometimes feel like a problem without a solution. But it’s important to remember that you’re not alone, and there are steps you can take to manage your financial stressors. In this video, we’ll explore some strategies you can use to get started.
Empower Your Journey With The Support You Deserve.
Know Yourself: A Look at Your Relationship With Money
How would you characterize your relationship with money? Sometimes despite the best of intentions we all get in our own way. Luckily, a little introspection and self-awareness of your financial behaviors can create positive changes
8 Steps to Building Good Credit Now
Here are eight different ways to climb out of the no-credit or bad-credit rut that you’re in and get control of your life, your debt and your money
Money$marts
Can you guess how much our contestants know about money, pop culture and student loans?
Secure Tips and Strategies to Start Saving and Create Financial Wellness
The 50/30/20 Budget Rule
The 50/30/20 rule is a percentage-based budgeting method that focuses on balancing necessary expenses with personal spending and saving. This strategy breaks your monthly income into three categories as a way to better assess and manage your spending habits.
How to Save for Major Milestones
Are you looking to buy a home or retire early? With the right strategies and tools, you can start saving for big life events and be prepared for them when they arrive. Let’s take a look at some ways you can save for life’s major milestones.
How to Master Your Budget Based on Your Pay Cycle
Budgeting is a critical component of managing your finances. However, an often overlooked factor in budgeting is the impact of pay cycles.
5 Easy Ways to Save $500 a Year
Saving money doesn’t have to be complicated. By making small adjustments to your daily habits, you have the potential to save an additional $500 or more over the course of a year.
Getting Started With Financial Emergency Preparation and Recovery
Financial emergencies can take hold of one’s life without much warning. Whether it be a job loss or a natural disaster, an unexpected crisis can cause stress and panic if there isn’t a plan to manage it.
Saving vs. Borrowing: Weighing the Pros and Cons
At first glance, the decision to save or borrow money for large purchases can seem obvious: save for it so you can own it now and avoid paying interest. However, it’s not always that simple.
What Investments Are Suited for Growth Investing?
Growth investing is an attractive investment strategy because, when done successfully, it can give you a way to fund your financial goals.