Category: SMMO Blog

Two Approaches to Paying Down Your Debt

Dave Ramsey once said, “Debt is dumb” and it has a choke hold on so many of our friends and family. In the Peer Money Mentor Program, we’re learning strategies on how to minimize and pay down consumer debt. Credit card debt is one of the most common forms of consumer debt. Think about this,

Continue Reading

So You Created a Budget, Now What?

So in our last blog we showed you all some great methods for budgeting and we are hoping that you all have adopted one of them.  However, you may be asking yourself, what now? I mean, you’re writing down your expenses and trying to stay within the dollar amount you may have assigned yourself for

Continue Reading

Budgeting in the 21st Century

  So have any of you ever reached into your pocket, wallet or purse and looked for that $20 you know you have only to find that it is missing?  Then you think: “Wait, who took my money?” or “I lost that $20!” Your answer more than likely is that you did lose that $20

Continue Reading

Do you have enough SAVED for a Rainy Day?

We have all heard that we should save for a rainy day and yet the word Savings, is so daunting. A fellow Peer Money Mentor explained it in these simple terms: “Savings are an invisible promise; whereas spending, is quick and tangible (Peyton Watts).” Well, while it is awesome acquiring a much wanted item, it

Continue Reading

5 Ways to Improve Your Credit

Like it or not, credit history and scores are big factors in our everyday lives. We have heard this phrase over and over throughout the course of our Peer Money Mentor Program, “Your credit can impact your quality of life.” It’s important to understand how to establish, maintain, and protect your credit. Some college students

Continue Reading

Saving Money with Packed Lunches

When I think of packed lunches, the idea of those Lunchables pop into my head. You know, the ones you give to elementary school kids for field trips with the 6 little-bitty slices of cheese, lunch meat, crackers, and a couple of Oreo cookies for dessert. Those were the good ol’ days when I didn’t

Continue Reading

“Po’ Man Chic”

Most of these blogs have been on somewhat challenging subject matters; who really enjoys being told they need to cut down on going out to eat with friends? So as we draw nearer to spring break and the inevitable pre-spring break testing marathon, let’s lighten up the subject matter and talk about fashion. I know

Continue Reading

3 Retirement Plans You Should Know

Last week, in our Retirement Planning While in College Blog, we put a heavy emphasis on making sure you have a comfortable nest-egg saved by the time you retire, but left you anxiously hanging without much direction on how to get there. So this week, we proudly present to you a few powerful retirement plans to

Continue Reading

Retirement Planning While in College

As 20 somethings, we’re worried about studying for exams, earning money to pay for living expenses, and on top of all that, tuition. Why should college students even bat an eye towards retirement when that’s literally 40+ years away? We say, “Oh I’ll start when I get a solid career” or “I’m broke, I can’t

Continue Reading

Make Your Tax Refund Work For You!

By Justin Chu, Program Associate, Taxpayer Opportunity Network Tax time can be a unique opportunity for saving for your future! You can maximize tax time in three easy ways and have your tax refund work for you. Put your refund into a saving account For people claiming some of the unique tax credits that benefit

Continue Reading
Translate this page