Student Talk, a series of student-written blog posts, was started in partnership with the PKG Center's Social Impact Internship Program. It’s focus is providing financial education for students and marginalized communities. MIT Federal Credit Union understands the importance of our community and creating a space for all voices to be heard. If you are interested in writing for our blog, please email us at marketing@mitfcu.mit.edu.

Adulting, whether you’re new to it, actively doing it, or expecting that knock on the door any day, can seem like an unexplored frontier. Some of the largest milestones make it very clear that you "have arrived" including the inevitable finding a place to rent, and getting a loan (because let's face it, you usually can't pay cash for things like cars and other big purchases). In this post, I'll provide a basic rundown of what to expect when it comes to these key adulting milestones.

Student Talk, a series of student-written blog posts, was started in partnership with the PKG Center's Social Impact Internship Program. It’s focus is providing financial education for students and marginalized communities. MIT Federal Credit Union understands the importance of our community and creating a space for all voices to be heard. If you are interested in writing for our blog, please email us at marketing@mitfcu.mit.edu.

Understanding what goes into buying a home can give you a path to success in getting the best deal. Here, we give you an idea of the basic steps of home buying so you can realize a dream rather than just dreaming about it.
 

In the last post in this series, we talked about the importance of getting your own financial house in order. It may not seem important, but if you want a chance of teaching your children good money habits, it's essential. In this post, we'll be talking about giving your kids some perspective on money and wealth in the world.

Whether you're just getting  started with that Side Hustle, or growing it to the level of full time job, one question many don't ask (but think in their head) is, "Do I make enough money to have to worry about taxes?" Unless you're making very little, and don't have a full-time job otherwise, you probalby should look into taxes, how much you owe, and how to file. This post provides a list of great resources to assist you. 

When it comes to small business, side hustles, and building a business, getting paid is important! In fact, if you're not getting paid, it's not a business. This post outlines the options you have for collecting payments beyond cash and checks. It also explores cybersecurity as it relates to payment options, and what you as a business owner is liable for. 

Anyone with children knows we want to set them up for success. With summer camp, it's no different. In all cases, kids are much better off when they're prepared. When they're certain they'll have all they need to get through the day, children are more confident and relaxed in pretty much any situation. Rushing around at the last minute to find and gather things can leave a child, and their parent(s) or caregivers, feeling uncertain and anxious. I've put together a list of the top ten items to get your child prepped for camp with all the essentials. 

Anyone with kids knows that "Monkey See, Monkey Do" is a much more accurate description of parenting than "Monkey Gets Good Advice From Mom or Dad, Monkey Do." Of course, you can talk about good money habits until you're blue in the face, but let's be realistic, kids pay attention to actions, and that's what's important when it comes to raising financially literate and responsible kids.

Welcome to part 3 in this 5 part series, where we're exploring actionable steps and strategies you can use to teach your kids about money - specifically, how to be GOOD with money. In this post, we'll be covering what is perhaps the most crucial step in teaching your children to be financially literate and responsible:

First, You Must Get Your Own Financial House in Order

Pricing - This question always comes up when we're talking about starting a business. Especially if your client base up until now has been friends, and people within your existing work/life network. And let's be honest, perhaps you're not charging them a lot, or anything at all. This post will provide you with tips, things to consider, and a lot of great resources to assist you with how you look at pricing, how not to undervalue your work, and how to stay competitive or maybe even get more money than your competitors simply because you're better than they are!

Student Talk, a series of student-written blog posts, was started in partnership with the PKG Center's Social Impact Internship Program. It’s focus is providing financial education for students and marginalized communities. MIT Federal Credit Union understands the importance of our community and creating a space for all voices to be heard. If you are interested in writing for our blog, please email us at marketing@mitfcu.mit.edu.

In this post - Whether we like it or not, banks or credit unions are something we all need eventually. How do you know which one best suits your needs? How can you start saving and budgeting to live your best life?