Student Debt, Budgeting, and Getting Personal Finances in Order

Finances

Personal finance is one the most important parts of the “real world” but it happens to be the element we are never fully prepared for. Below are some resources for getting your finances in order. It can be daunting when you feel you have nothing to work with, but it is worth it to figure out your saving and spending habits as soon as possible.

Mint

Link your bank accounts and Mint will alert you when you are over budget in a category, when you have a bill coming up, and your overall net worth (ouch student loans).

Student Loan Calculators

When will you finish paying your loans? How much should you pay to finish paying by a certain date? This site offers 6 different calculators to help you figure it out.

Public Service Loan Forgiveness Program

Working in the public service/nonprofit sector could make you eligible for having federal student debt eliminated after 10 years. Maybe you trust them to hold the program in place that long.

International Personal Finance

Fiona of Women in Aid details the complications she has experienced in financial planning as an aid worker.

Economics 101

Personal finance, economics basics, and more from The Federal Reserve Bank of St. Louis.

How to Determine What Salary to Ask For

Do entry-level nonprofit workers get to have this problem?

3 Important Money To-Dos for Every Decade of Life

In your twenties tackle debt, start an emergency fund, and start saving for retirement. In your thirties tackle more debt, add to your kids’ college fund, and reassess insurance needs.

What helps you keep your money in order?

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2 thoughts on “Student Debt, Budgeting, and Getting Personal Finances in Order

  1. Regardless of anything else, everyone should go for a Roth IRA (or, for those outside of the US, the international equivalent). With all of the hopping from job to job that happens in the non-profit field, it’s nice to know that one may have some sort of retirement savings account, even if one’s current company doesn’t match worker input into the account.

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    1. This is great advice M. I have recently started looking into this. I asked someone if it was worth it to start a Roth IRA when I plan to go to grad school in the near future and won’t be able to add anything during that time. Their response was, “I wish I had started one when I was 17!” Definitely worth looking into.

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