Aloha and Happy New Year from the Financial Literacy Program! With the holiday season ending keep yourself on track with the January edition of our newsletter. From tax preparation to scholarships, start your New Year off right by reading some of the tips and tricks we have to offer!
We wish you the most wonderful Holiday Season filled with much laughter and joy!
Gift giving during the holiday season is a great way to let others know you care about them. But you don’t have to break the bank and go into debt to ensure that everyone you love and appreciate receives a gift from you. Here are a few of the inexpensive DIY holiday gifts that we made with things found in our homes.
While the the average American is expected to spend $75 per person on Halloween 2013, it doesn’t have to be so expensive if you follow our helpful tips. In our newsletter we gave you some creative ideas for inexpensive costumes and here we have some inexpensive but yummy Halloween treats for you.
Our Spooky Finance October newsletter is finally here! You will be able to:
- Test your financial literacy knowledge
- Create unique costumes on a budget
- See how scary sisters can be
- Learn how to prevent IT
- Discover a place where healing cost less
- Keep up with our Spooky Finances activities
American Savings Bank in partnership with the University of Hawaii at Manoa (UHM) Financial Literacy Program will be holding a free workshop titled, “Money $mart Credit Workshop.” The workshop is designed to help participants learn the basics of credit, healthy credit card management and building or re-establishing credit. The interactive workshop will feature a Q&A session where participants can have their personal questions and concerns addressed by the bankers.
As an added bonus find out your zodiac sign’s preferences towards the type and way you deal with credit and credit cards. A purely unscientific but fun way to explore your own money management habits.
These workshops are strictly educational and are not for the generation of sales.
Thursday, October 17th, 2013
4:30pm – 6:00pm
Campus Center 307
Please contact the UHM Financial Literacy Program for any questions at email@example.com. Seating is limited, register here
Now that we are a month into school, you may finally be realizing the how much money was spent on your tuition, fees, supplies, books, rent, and other expenses needed for this Fall term. If you are feeling astonishment, anxiety, disbelief, stress, accompanied by empty pockets and bank accounts you are suffering from “sticker shock,” the condition resulting from seeing the total price of a bunch of items and realizing the damage is more than what you expected. Read our tips on how to create a budget and stick to it to recover from your sticker shock.
It’s challenging enough to be a college student without having to worry about something as confusing as a meal plan. Whether you live on or off campus, knowing about the meal plan options is very important. A meal plan generally comes with meal swipes and points. The meal swipes and points can be used to purchase food on campus, either through the housing cafeterias (Hale Aloha and Gateway) or through participating retail-dining locations (Campus Center Dining, Jamba Juice, Starbucks, Stir Fresh, Pizza Hut Express, Simply-To-Go, Bale, and The Market). Here are a few things you should keep in mind about the meal plans.
- Meal plans are available to all students, faculty, and staff not just those who dorm.
- Meal plans are required for students who dorm.
- Meal swipes expire at the end of every week.
- Purchasing certain amounts of Dining Dollars will add bonus points to your account.
For those of you not familiar with the terms often associated with meal plans don’t sweat it, the chart below will explain the meaning of those terms:
Now that you understand what meal plans, points and Dining Dollars are, you can use these tips to make sure you do not over or under use your plans:
- Use your meal swipes at the buffet style dining locations to maximize your meal plan.
- Use 14 points every week; that distributes evenly among 16 weeks (till the end of Finals week)
- We suggest using 6-7 meals and your 14 budgeted points during the school week (Mon.-Fri.)
- 3-4 meals during the weekend (Sat.-Sun.) because campus center has limited hours or is closed on the weekend
- Depending on what you want, you should modify your weekly points to save up for a week you know you might need more or want to buy more, like Finals Week
- Purchase Dining dollars if you are commuting and planning to eat at campus daily.
Our Summer 2013 newsletter is full of information to help you get your semester off to a great START. In this newsletter, you will find information on:
- Which Bank is Right For You
- The Difference Between Checking and Savings Accounts
- How to Create a Budget
- The 3R’s of Money Management
- Advantages & Disadvantages of Credit Cards
- What to Look For in a Credit Card