MoneyBoss: Your Guide to Personal Finance and Entrepreneurship: Financial Literacy

Ask Yourself ...

1. What barriers / challenges do you see to start investing? (savings>CD>stocks, etc.)
2. What skill sets can you work on now to set the groundwork for investing smart (some examples to think of are budgeting, habits of mind, learn more financial literacy from the MoneyBoss Libguide etc.)
3. Do you have any plans to buy an asset such as a car or a motorcycle in the next few years? How will you pay for that expense? What is your plan?

Ask Yourself ...

1. When you retire you won’t be working anymore therefore, your income might be limited. How will you make sure you are able to afford marinating the same living standard post retirement? 
2. Are you aware of the courses that you can take at LaGuardia to help you learn more about investment?
3. Are you attending other seminars such as MoneyBoss and SkillBuilders to improve your financial literacy and academic and professional development? 

Resources Mentioned in Videos

Ask Yourself ...

1. What are the things you will keep in mind to decide your transferring college?
2. What expenses do you think you will be incurring which are exclusively for the college?
3. What difference going to the college could make in your regular expenses such as housing, transportation, food, medical expenses etc.
4. Do you think you should keep in touch with your current classmates and professors? Why and how?

Resources Mentioned in Video

Ask Yourself ...

1. What is my income vs. my expenses? Do I operate in a deficit or surplus situation with my personal finances?
2. If it's a deficit, identify 3 steps you can take to either move from deficit to surplus.

Resources Mentioned in Video

Budgeting Apps

Additional Resources

Developing Financial Literacy

NOTE: This work is ideally completed in First Year Seminar.

In this section, you will begin to explore financial planning and learn about financial literacy. Financial literacy is how to strategically manage your money and financial relationships with budgeting and credit today and in the future to live your aspirations. It includes the ability to make informed judgements and to make effective decisions in money management. As well as gaining awareness and knowledge about finances and changing behaviors.

Creating a personal finance plan is a process that takes you through several topics. Working through and reflecting on each topic will help you to make a financial plan and increase the likelihood that you will be set up for the future.

Please start by working through the MoneyBoss Financing College module.

Ask Yourself ...

1. Are you interested in continuing your education?
2. Where are you interested in applying?
3. Have you looked at scholarships?

Resources Mentioned in Video

Additional Resources

You can apply for financial aid in 4 easy steps.

Ask Yourself ...

1. What was your prime objective in pursuing a college degree?
2. Did you do cost-benefit analysis before choosing your college and degree? If so, how and what process did you follow?
3. Is there any requirement at your current workplace that you need a college degree to get promotion?
4. Have you noticed at your workplace that other people got preference over you in promotion and responsibilities because they had a college degree?

Resources Mentioned in Video

Resources Mentioned in Video

Learn more in these presentations from LaGuardia's Student Financial Services:

Developing Financial Literacy

NOTE: This work is ideally completed in First Year Seminar.

In this section you will begin to explore financial planning and learn about financial literacy. Financial literacy is how to strategically manage your money and financial relationships with budgeting and credit today and in the future to live your aspirations. It includes the ability to make informed judgements and to make effective decisions in money management. As well as gaining awareness and knowledge about finances and changing behaviors.

Financial security is not a given. There may be times when circumstances cause you to be unemployed or underemployed. This workshop will teach you about economic trends and provide information about resources that are available to help you make ends meet.

For the digital module watch the video and answer the questions below.

Ask Yourself ...

1. List all your expenses for one week. Look and see if there are any expenses that can be cut or reduced. What are ways you can change your spending habits?
2. Educate yourself on credit. What are three reasons for which credit is checked?

Resources Mentioned in Video

Additional Resources

Developing Financial Literacy

NOTE: This work is ideally completed in First Year Seminar.

In this section you will begin to explore financial planning and learn about financial literacy. Financial literacy is how to strategically manage your money and financial relationships with budgeting and credit today and in the future to live your aspirations. It includes the ability to make informed judgements and to make effective decisions in money management. As well as gaining awareness and knowledge about finances and changing behaviors.

Creating a personal finance plan is a process that takes you through several topics. Working through and reflecting on each topic will help you to make a financial plan and increase the likelihood that you will be set up for the future.

Please start by working through the MoneyBoss Savings module. Watch the video and answer the questions below. Then reflect on your answers to write a personal plan.

Ask Yourself ...

1. Write down three savings goals you have for your money. Try to include one short-term, one medium-term and one long-term savings goal. How much will you need to save and when will you need to have that money?
2. What plan can you develop to work toward reaching your savings goals if you don’t already have one?
3. What does “pay yourself first” mean?

Resources and Handouts

Developing Financial Literacy

NOTE: This work is ideally completed in First Year Seminar.

In this section you will begin to explore financial planning and learn about financial literacy. Financial literacy is how to strategically manage your money and financial relationships with budgeting and credit today and in the future to live your aspirations. It includes the ability to make informed judgements and to make effective decisions in money management. As well as gaining awareness and knowledge about finances and changing behaviors.

Creating a personal finance plan is a process that takes you through several topics. Working through and reflecting on each topic will help you to make a financial plan and increase the likelihood that you will be set up for the future.

For the digital module watch the video and answer the questions below. Then write up your finance plan.

Ask Yourself ...

1. What are your emotional triggers?
2. Think about your wants vs. your needs. Be honest!
3. Make a list before you go shopping. Do you stick to it?

Resources Mentioned in Video

Additional Resources