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How Does a Checking Account Work? | eHow

How Does a Checking Account Work? | eHow | Finance | Scoop.it
How Does a Checking Account Work?. As carrying cash can open you up to theft, and lost money, opening a checking account is a good way to keep your money safe and to pay bills receive your payroll income.
Kevin Hittle's insight:

It seems that checks and checking accounts are actually mundane and straightforward compared to the beasts that are stocks and bonds. Even so, it's good to know how a staple of personal finance works so that I come into it with a firm background.

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HowStuffWorks "How Credit Cards Work"

HowStuffWorks "How Credit Cards Work" | Finance | Scoop.it
Credit cards have an interesting history. Learn how a credit card works, from the magnetic stripe to how you can get rid of that high interest balance.
Kevin Hittle's insight:

A simple explanation of a complicated subject, exactly what I needed. There are a lot of finer points to these that I didn't really know about, such as how the rates work. I can see why they require so much attention now, and I think knowing about this is key to my future.

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Office of Financial Aid

Office of Financial Aid | Finance | Scoop.it
Financial Aid Financial Aid
Kevin Hittle's insight:

A similar site to the UW site, CWU also offers financial assistiance to its future students. Getting financial support for higher education is one of the most important considerations that can be made for your future, making sites like this critical to your success.

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Paying for College: Learn about Financial Aid, Scholarships and FAFSA

Paying for College: Learn about Financial Aid, Scholarships and FAFSA | Finance | Scoop.it
Financial aid can make up the difference between what your family can afford to pay and what college costs.
Kevin Hittle's insight:

Conviniently summarizes financial aid for college- provides a scholarship search for convenience! Very handy given the time will soon come that I need it. It's valuable to me as a seach tool as well as a resource for scholarships, both via AP and otherwise.

 

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Financial market - Wikipedia, the free encyclopedia

A financial market is a market in which people and entities can trade financial securities, commodities, and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds, and commodities include precious metals or agricultural goods.

There are both general markets (where many commodities are traded) and specialized markets (where only one commodity is traded). Markets work by placing many interested buyers and sellers, including households, firms, and government agencies, in one "place", thus making it easier for them to find each other. An economy which relies primarily on interactions between buyers and sellers to allocate resources is known as a market economy in contrast either to a command economy or to a non-market economy such as a gift economy.

In finance, financial markets facilitate:

Kevin Hittle's insight:

The front page for a huge database on financial markets- I used their segments on stocks and bonds. I feel like this only scratches the surface, BUT if it were to go into any more depth I might as well enroll in an actual Economics class. Considering these markets are often where your savings go (in an attempt to baloon them), I have no idea what I'd have done without this knowledge.

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FDIC: Certificates of Deposit: Tips for Savers

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A government site on Certificates of Deposit, a form of savings. It offers a straightforward explanation of CDs- a boon for those trying to understand it through cryptic corporate lingo.

 

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Office of Student Financial Aid

Kevin Hittle's insight:

U of Washington site for the school's financial aid- probably good to know about if you're going there. Countless other schools have similar pages and offerings, so it's important to understand the general format.

 

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