Archive for September 2018

Commemorating Constitution Day and Citizenship Day

  September 17th is Constitution Day and Citizenship Day (Constitution Day), a day that commemorates the September 17, 1787 signing of the United States Constitution. From the U.S. Department of Education: We encourage Federal, State, and local officials, as well as leaders of civic, social, and educational organizations, to conduct ceremonies and programs that bring…

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More about credit card debt and payoff

  I just found this Credit Card Interest Calculator from American Consumer Credit Counseling (ACCC), a NFCC member agency.  This one can be even more accurate than the BankRate calculator, because it allows input of the LOWEST that the minimum payment will ever be (until the very last payment), based upon the specific credit card agreement. For example,…

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Thinking of Starting a Business?

The Indiana Small Business Development Center will be hosting one-hour seminars that answer typical questions about starting or buying a small business in Indiana. “Small Biz Jump-Start” addresses topics such as financing, market demand and legal requirements, and there is no cost to attend. Lafayette: September 27th and October 25th. Kokomo: September 11th, October 9th,…

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Who Can I Trust?

There’s a basic financial literacy assessment circulating among my students that I did not assign, and I felt the need to express an alternate view. —————— The LendingTree quiz can be an eye-opener!  But if you don’t score as high as you would have liked, then don’t be hard on yourself. The quiz was developed…

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Credit Card Debt?

According to the Federal Reserve, credit card debt is now nearly $1.4 trillion, which is a 4%  increase from last year and the level is even higher than in October 2018, at the height of the financial crisis. The “economy” now looks good and consumer confidence is up.  Young people are taking on more debt…

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