Yesterday was Tax Day so I hope everyone who hasn’t filed for an extension managed to file on time. Now that we have our taxes out of the way, here are a few FREE resources for National Financial Literacy Month that you can use to learn more about personal financial planning. These links are provided solely for educational purposes and I recommend no source over another. If the link is broken, please search by name in your browser. If that doesn’t work, contact me and let’s talk.
For financial terms and concepts, I find Investopedia (https://www.investopedia.com/dictionary/) to be a great source. You can search terms, concepts, get articles and sign-up for email customized to your area of interest.
Expecting a new baby? Want to find out how much it will cost you? Try BabyCenter.com (https://www.babycenter.com/) for all things baby. Specifically, the site offers a First-Year Baby Costs Calculator that will help you budget for your new baby. You can calculate the cost of items such as breastfeeding for free, childcare, and diapers vs. disposable diaper service vs. cloth diapers you wash yourself! Cloth is the cheapest and can be the greenest way to go, but will you have the time?
Do you suspect elder abuse? If so, the Administration on Ageing (https://aoa.acl.gov/Index.aspx) has lots of information for you and it’s also free. There is a locator that you can use if you suspect elder abuse. If you do, please use the locator to find out who to notify.
What about saving for college? Check out SavingForCollege.com (http://www.savingforcollege.com/). The site is geared specifically to 529 plans, but it has lots of tools, articles, and support if you want to learn about college costs, 529 plans, and other college funding issues.
Need help saving? America Saves (https://americasaves.org/) has 54 Ways to Save Money to help you out. They also have lots of tips and strategies to get you started and to involve the kids in your life.
The above sources are just a light sampling of personal financial sites on the Internet that you can use to boost your financial literacy. For every financial aspect of your life, there are dozens of websites that provide information. As expected, some sites are better than others and most will provide only general information and may not answer your specific question.
When you need more in-depth information and personal service, reach out to me. As an independent Certified Financial Planner™ I can help you establish and maintain better financial habits. Contact me and let’s get started! #talktometuesday #education #Hireaplanner #FinancialLiteracyMonth #NationalFinancialLiteracyMonth #callme