Investing 101
Summer is here! I don’t know about you, but I find that summer is a great time to read up on a new financial literacy topic. Kicking off the warm weather reading is the topic of investing! Everyone wants to know how to make their money work for them, but investing can be daunting to understand.
I’m loving this article from the SEC detailing the Top 10 Investing Tips for College Students. Learn the investing basics and pitfalls to be aware of as you start your investing journey. You can also check out the below resources for more information on personal finance and investing topics.
Plus, don’t forget about your access to AAMC Financial Wellness! Sign up for free using UMKC as your school to start utilizing the online money management dashboard. Once you’ve logged in, get started with the Saving and Investing course.
Happy reading!
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►Got loans?
The MedLoans Organizer and Calculator from the AAMC is a fantastic tool to stay up to date on your student loans. Not only can you organize each loan you can also run repayment scenarios based on your financial situation upon graduation.
If you have questions about transitioning financially from Med School to your career you’re welcome to schedule a meeting with your Financial Wellness Counselor to discuss. Email brennonk@umkc.edu to schedule.
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►Resource Spotlight
AAMC Financial Wellness: The AAMC has created a robust financial management dashboard specifically designed for medical students. Use this dashboard to:
- Track Financial Health
- Budget & Track Spending
- Create Financial to-do’s
- Create Financial Goals
- Organize Student Loans
- Utilize Resources & Calculators
Create a free account today! Visit the site here and choose UMKC as your school.
►This week at AAMC:
Savings Strategies For a Large Purchase
Specific strategies for saving for large purchases like a study prep course or a special trip.
Daily articles include:
- Saving Strategies for a Large Purchase
- Save for a Large Purchase or Finance It?
- A Splurge Account Can Save Your Marriage!
- Simple Ways to Save on Everyday Items
- Simple Ways to Make Extra Money
- Challenge of the Week: “Find Money to Save”
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►Upcoming Events:
(RSVP through the Financial Wellness Center on RooGroups)
Happy summer! Check back in later for upcoming Fall 2022 events.
