By Jake Holmes, Financial Literacy Outreach Coordinator at the Maine Credit Union League. Reposted with permission from the Financial Literacy Blog. How Does Compound Interest Work? When you borrow money, whether by taking out a loan or charging your credit card, you usually have to pay it back ... Read More
Financial Lessons
Are You Talking to Your Family About Money?
By Jake Holmes, Financial Literacy Outreach Coordinator at the Maine Credit Union League. Reposted with permission from the Financial Literacy Blog. According to the New York Times, almost half of Americans say the most difficult topic to discuss with others is personal finance and they would ... Read More
Savings Tips that Saved Me
By Maria MacDougal, College Access Counselor at FAME, one of Maine Jump$tart’s foundational partners and sponsors. Reposted with permission from Munchies, Money, and Mumblings. My dear readers! I hope you are well. Sorry I've been somewhat MIA. This social distancing thing is hard. As an ... Read More
Financial Mindfulness
By Allison Bishop, a personal finance coach in Portland, Maine with over 18 years of experience as a CPA. Reposted with permission from Allison's blog. Talk about mindfulness is everywhere now. Exercise, food, even parenting – we can be mindful in nearly every aspect of our lives. We can also be ... Read More
Financial Stairmaster
By Steve Kautz, former Maine mathematics teacher and personal finance expert. Mastering the Steps to Success with those Finances Last week while rereading my posts, I realized that I often say things like "start your emergency fund," or "contribute to a retirement plan." I also realized you ... Read More
Thinking About Expenses on an Annual Basis
By Steve Kautz, former Maine mathematics teacher and personal finance expert. All that talk last week about fitness made me think about my gym membership. When I re-activated my monthly membership this past weekend, it got me thinking about another aspect of budgeting. That is, the importance of ... Read More
Saying “No” to $14.60
By Steve Kautz, former Maine mathematics teacher and personal finance expert. I'm not really sure where to go with this. A recent shopping experience inspired me to talk about this modern consumer classic; "Would you like to save 20% on your bill today by signing up for a Kohl's card?" But as I ... Read More
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