Money Smart Week: Household Budgeting

Like many good things, sound financial planning starts at home. It’s your money and you work hard for it – do you know where it all goes? All the places money can go in our daily lives – why it goes there, where it should go (and should not go), where it could go to in the future – are ideas that are addressed in household finance and personal budgeting. Continue reading “Money Smart Week: Household Budgeting”

Money Smart Week: Making sense out of saving money

MSW Piggy BankRemember when your parents first got you that cute little piggy bank? It was a big deal because it symbolized a financial rite of passage and instilled a growing sense of independence. And after completing a series of mundane tasks or chores you could triumphantly deposit your hard earned money into it at the end of the week. Continue reading “Money Smart Week: Making sense out of saving money”

Money Smart Week: Eliminating credit card debt

photo by cc attribution by Images_of_Money on flickrCredit card debt can feel like a heavy burden. It can be frustrating and anxiety provoking to pay high interest rates month after month. Paying only the minimum payment each month keeps many cardholders in “perma–debt,” a state many families have come to accept as normal. But never fear – there is hope. You can become debt free! Continue reading “Money Smart Week: Eliminating credit card debt”

Money Smart Week: Learn to invest

Investing information is notoriously steeped in jargon and the underlying concepts themselves aren’t exactly the most user-friendly. Whether you are planning to start investing on your own, or just want to be more informed when you talk to your broker, there are many different tools you can use to get up to speed.

photo by cc attribution by 401(K) 2013 on flickrOf course, the library has a wide variety of print books about investing but there are lots of other format options like eBooks. For your listening pleasure, we have audiobooks on CD about investing and also downloadable eAudio items.

The Financial Industry Regulatory Authority (FINRA), a regulator of securities firms, has put together some fantastic information tools for the beginning investor. You’ll learn how to open a brokerage account, evaluate risks and start building a portfolio. Continue reading “Money Smart Week: Learn to invest”

Happy Money Smart Week!

photo by cc attribution by 401(K) 2013 on flickrThis week Shelf Talk is highlighting financial literacy topics for Money Smart Week! Money Smart Week is a national campaign to help increase consumer awareness about all things money. Hundreds of different organizations participate, including libraries. The campaign started in Chicago in 2002 and has quickly spread across the country.

There are a myriad of ways one can be money smart. For some, that might mean budgeting, couponing, saving for college, getting out of debt or planning an estate. Continue reading “Happy Money Smart Week!”