EIU Life Center

Financial Resources 

Financial literacy is the ability to understand the basics of finance. More specifically, financial literacy is the skillset necessary to make informed, effective decisions about personal finance, debt, and saving.

Students beginning their college life are often dealing with issues of credit, their credit history, and debt for the first time. Mishandling personal finances at this early stage of life can result in early damage to a student’s credit rating, the consequences of which can last for years.

These sources have been put together to help you understand finance. 

For credit cards: 

• creditcards.com
• cardratings.com
• comparecards.com
• Credit Karma

For financial business decisions: 

• Nerd Wallet
• Bank Rate
• My Bank Tracker
• Financial Industry Regulatory Authority

Gage your finances with these tools: 

• MyFico
• Ms.Money
• Khan Academy 

• Federal Trade Commission of Shopping and Saving

Borrowing and Credit

• Credit Card Smarts
• Credit Card Fact Sheet
• Free Credit Report

EIU resources:

• Financial Aid

Saving:

• Mint
• More for Your Money