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DIY Research: Financial Information

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April is Financial Literacy Month and a great time to get your financial affairs in order. Clear, accurate information is of utmost importance when making financial decisions such as working to improve your credit score, taking out a loan, investing your savings, planning for college or selecting a bank to open a checking account. Be sure to find recommendations and ratings from trusted sources. 

The library offers online access to some key financial resources. Access to these resources is available in the library or at home with your library card number and PIN: 

magnifying glass showing the word research
  • Weiss Financial Ratings – Find ratings for banks, credit unions, insurance companies, or even Medigap plans. Get help with topics such as managing debt, creating a budget, buying a car, calculating the cost of college and more with Weiss Financial Literacy Basics eBooks (click on “Financial Literacy Basics.”) 
     
  • Morningstar – Morningstar provides information on stocks and mutual funds for potential investors and researchers, including access to popular investor newsletters 
     
  • Value Line – Used by financial professionals and individual investors, this investment research service offers detailed reports on individual stocks and mutual funds. 
     

There are also some great freely available sources for financial information. With these non-library sites, be on the look-out for embedded advertising, also called “sponsored content” or “native advertising.” Clicking through those links will bring you to a commercial site whose purpose is not to inform but to sell products. 

  • Investopedia – Investopedia is a great general resource for news and background information, including helpful dictionary of financial terms. To get started with creating a following a budget, check out their picks for best budgeting apps for 2022
     
  • FINRA – As the regulating body for the financial industry, FINRA offers resources to educate investors and advocate for market integrity. Get help with calculating retirement savings or estimated loan payments with tools and calculators or find background information about a financial professional or firm through Broker Check.  
     
  • Nerdwallet– This popular personal finance site offers articles, “best of” lists and guides to assist in navigating financial decisions. On commercial sites like this that offer recommendations for specific products, it’s a good idea to check the editorial guidelines to learn more about how they arrive at their suggestions and ratings. 

Find more sources for financial information on the Business and Financial Research Guide. With questions about accessing any of these resources, please contact the Research Desk to request a reference appointment. 

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