Financial Literacy
Financial literacy is the ability to understand and effectively manage personal finances, and it takes time and practice to truly master. It is important to begin developing your financial literacy before going to college, because you will need to figure out how you and your family are going to pay for college and all of the expenses that come with it.
5 Key Components of Financial Literacy Links to an external site. | Since financial literacy may not be offered as a high school course, you can start becoming familiar with different concepts such as budgeting and interest rates.
AIE Managing Your Money Links to an external site. | AIE is a public service website that provides financial education services. Learn how to read a credit card statement, create a spending plan, open a bank account, avoid potential debt problems, and prevent ID theft.
AIE Paying for College Links to an external site. | AIE provides an overview on understanding college costs, creating a college savings plan, and other financial aid resources.
Financial Coaching Links to an external site. | If you aren't sure where to begin or would like to speak to a professional, AIE offers free, confidential, one-on-one financial coaching through the Trellis Company.
Practical Money Skills Links to an external site. | Finances can be easier to understand with examples and practice activities. With Practical Money Skills, you have multiple opportunities to learn the basics. Try their calculators that can help you use your money wisely such as setting up a budget, saving up money to have an emergency fund, or planning to buy a car!
OnGuard Online Links to an external site. | Check this free online tool for security tips and resources to help protect your identity and money.
Texas Reality Check Links to an external site. | Can you afford the lifestyle you want? Texas Reality Check provides online calculators and activities to see the amount of money you need for your living expenses and to see which occupations can cover those expenses.