First of all, what is a foreign transaction fee – it is a fee charged by a credit card company/bank for EVERY transaction made in a country outside of the US. These fees might vary depending on the bank from 1 – 5% of the purchase amount. It might not seem like much, but adding up these fees throughout the whole time one is abroad might become very significant.
Have you ever thought about studying abroad over the summer? Whether it’s Australia or Morocco, Summer Study Abroad is the perfect opportunity to learn about new cultures, eat new foods, and make lots of memories. One of the biggest concerns surrounding Summer Study Abroad programs is how students are going to pay for them. If you …
What to Know about Summer Study Abroad 2023-2024 Read More »
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by Carter Hodgson Compound – the ability of a sum of money to grow exponentially over time by the repeated addition of earnings to the principal invested. You may be thinking this definition is about as helpful as googling “fraud” and getting this definition: the action of committing fraudulent activities. But I promise you that …
As you begin your financial journey post college, paying back your student loans will play a big part in tackling your finances. Repayment options are important topics to consider when you are planning for life after college. Also, important to note is the end of the three year repayment pause post-pandemic. Interest will resume for all federal student loans in September of 2023, with repayments due in October of 2023
Understanding these concepts can help you gain financial advantage, pay less in interest, and get ahead in your life
By Khayriddin Muradov It’s critical for college students to better their understanding of financial literacy ideas to be prepared for the complex world out there. APR, or Annual Percentage Rate, is one such important piece of financial literacy. When making financial decisions, it is crucial to comprehend APR because of its impact on borrowing expenses …
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Do you find yourself living off-campus this year? Perhaps you’ve opted to get an apartment with your friends, or maybe you’ve decided to live at Emory’s Clairmont campus. Either way, you want to have as much savings as possible. How do you manage this with seemingly so many more expenses?
Unfortunately, there may come a time when a phishing scam gets the better of you. So, what happens if you take the bait? What do you do now?
We have all found ourselves there. We have just gotten comfy on the couch or settled in our beds, with the pillows just how we like them, ice water in hand. Whether you are waiting around or it is just before bed, you start scrolling on Tiktok and a video pops up of someone giving …
Found Financial Advice on Tiktok? Where to Go Next? Read More »
Ah, the good old checking and savings accounts, which many of you likely already have. They may seem very intuitive but looking closer at them we can identify the unique features of each as well as the downsides to be aware of.
If you’ve read the article on “Opening Your First Credit Card,” then you know the basics behind credit cards and how they can help you build credit on your own. But what does credit even mean and why should you worry about it?
It is never too early to start planning for your retirement and financial independence. We all want to have a comfortable amount of wealth once we leave the work force to pursue other activities like volunteering, golf, and travel without the constant worry of running out of money. Fortunately, you can incorporate some of the strategies below while in college and leave your 60-year-old self very happy!
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When shopping have you ever noticed that little option at checkout that allows you to pay off your purchase in smaller installments over time? Companies such as Paypal, AfterPay, and Klarna offer this option. These “Buy Now Pay Later” (BNPL) services are point of sell installment loans that allow you to pay off your purchase …
What is Federal Work Study? The Federal Work Study Program is a form of federal financial aid offered to eligible students in order for them to earn income. This program is contingent on federal funds and is based on information provided in your FAFSA application. It allows you to gain real-world work experience with employers …
When you were a kid did you ever wondered what it would be like to own a credit card with your name on it just like your parents? Well, if you recently turned eighteen, you are officially eligible to apply for a credit card. But how does one start and not get into a mountain …
If it’s something that is necessary for you to live a healthy life, it’s a need.
If it’s something that you are choosing to buy but can comfortably live without, it’s a want.
