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.
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 …
Understanding APR: A Key Factor in Financial Decision-Making Read More »
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?
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 »
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 …
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.
(For those of us who need to get back on track after spring break!) As I have transitioned from the dorm rooms of Oxford College to off-campus living in Decatur, I have come to encounter some unique challenges that arise with off-campus living. Consideration of personal finances has become more of a daily event instead …
The holidays are approaching and if you are anything like me, you are extremely unprepared for a season of spending and gift giving. Most college students live on a loose budget which is characterized by fixed tuition payments and a varying income. Not having a fixed income makes it difficult to budget; you cannot plan …
The Dos and Don’ts of Holiday Budgeting: College Edition Read More »
