Summer is finally here, and between planning your holidays and wondering when you should turn on the AC, I bet the last thing you’re thinking about is FINANCIAL LITERACY! However, this is actually the BEST time to start figuring out a plan to keep your life cruising along while planning for the future (ok, actually ANYTIME is a perfect time to work on financial literacy, but why not start now anyway?).
There are many resources that can help, one of which is Feedthepig.org. Assembled by the American Institute of CPAs (and they oughta know!), Feedthepig.org is a great site that offers tips and strategies for putting together a financial plan, including how to create a budget, review your expenses, manage saving, retirement, and student loan debt, and much more. It’s easy to use and fairly straightforward—the real trick, as always, is ACTUALLY DOING IT. Mint.com is another helpful site. Mint pulls all your financial accounts into one place. Set a budget, track your goals, stay on top of your finances. See what’s happening with all your accounts – checking, savings, investments, retirement – at any moment of the day. There’s even a free mobile app to help you stay connected on-the-go. If you’re a student fresh out of college and looking at a mountain (or a molehill) of student loans, you should check out YouCanDealWithIt.com. YouCanDealWithIt.com provides practical and easy-to-understand advice on how to deal with common financial situations facing today’s college students and recent graduates, such as: understanding student aid, including the repayment of student loans, learning effective money management, including setting a budget, and dealing with the dangers of credit cards while enjoying the benefits. In addition to being a resource for students, this website also provides information and tools for parents and college financial aid administrators to help them communicate accurate and effective financial advice to their prospective students, current students, and graduates. So bite the bullet and get started on the road toward better financial literacy today—it may be tough at first, but you’ll be glad you did!
The Library now subscribes to a new exclusive web resource which you may have heard about before. It is Lynda.com, an online training library that covers a wide variety of subjects, including many software titles, scripting languages, design, and web development platforms. You can find out how to use Word, Excel, how to take and edit digital photography, create 3D animation, how to use your smartphone, and so much more! There are also business topics such as management fundamentals, communicating across cultures, and how to run businesses.
What makes Lynda.com appealing is that these course are all video because seeing something in action helps to learn new skills, especially when it is a computer skills.
And it’s free to Mount Prospect Library card holders.
All you have to do to get it free is follow this link: https://mppl.org/research/web-resources/?category=lynda-com
And if you want to see what else we offer, here is a link to all our exclusive web resources: http://mppl.org/research/web-resources/?category=Premium
The Federal Election Commission (FEC) administers and enforces the Federal Election Campaign Act (FECA) – the statute that governs the financing of federal elections. The FEC is an independent regulatory agency and is assigned to disclose campaign finance information, to enforce the provisions of the law such as the limits and prohibitions on contributions, and to oversee the public funding of Presidential elections.
You can retrieve detailed lists of contributors based on type (individual or organization) and search for summary financial information about candidate campaigns, party committees, and other political committees.
Among thousands of data tables in the Campaign Finance Disclosure Portal is the Table of Contribution Limits 2011-2012
Historical data is available from the FEC’s Public Records Office (800) 424-9530 (press 2 when prompted) or e-mail email@example.com.
What is FRED? Short for Federal Reserve Economic Data, FRED is an online database consisting of more than 55,000 economic data time series from 45 national, international, public, and private sources.
FRED, created in 1990 and maintained by Research Department at the Federal Reserve Bank of St. Louis, combines data with a tools that help us understand and display economic data.
The categories that can be searched include: Money, Banking & Finance; Population, Employment & Labor Markets; Production & Business Activity; Price Indexes; International and Regional Data.
Interested in where your sales tax goes when you make a retail or food purchase? The Illinois Tax Rate Database tracks the breakdown of state, county, and municipal taxes for all cities and towns in Illinois. Additional definitions for what specific taxes mean are in their online glossary.