Virtual Money Smart Week 2021 will be held Saturday, April 10 – Saturday, April 17 . This week-long free virtual campaign aims to help people better manage their personal finances with a focus on those hardest hit by the COVID-19 pandemic.
This year’s line-up includes:
Saturday, April 10 @ 10 a.m.
Talking Cents (The University of Chicago Financial Education Initiative)
- Sunday, April 11 @ 10 a.m.
Savings: A Little Can Make a Big Difference (FINRA Investor Education Foundation)
- Monday, April 12 @ noon
Bank On It: Finding Safe + Affordable Bank Accounts (The Economic Awareness Council)
- Tuesday, April 13 @ 12:30 p.m.
- Understanding the Basics of Federal Student Loans (U.S. Department of Education, Federal Student Aid)
- Wednesday, April 14 @ 1 p.m.
Tax-Related Fraud + Identity Theft (Internal Revenue Service)
- Thursday, April 15 @ 1 p.m.
Managing Personal Finances During Covid-19 (Global Financial Literacy Excellence Center)
- Friday, April 16 @ noon
Housing Protections + Resources (Consumer Financial Protection Bureau)
- Saturday, April 17 @ 10:30 a.m.
Tips for Managing Money Ups and Downs (University of Wisconsin-Madison, Division of Extension)
View more details at www.moneysmartweek.org. Events are free and open to the public, but registration is advised. Questions for the panelists can be submitted during the registration process.
Apart from bank, credit unions, and stock ratings, probably the most exciting aspect is the Weiss Ratings Medigap Report. “Build Your Own Customized Medicare Supplement Insurance Planner,” is how they subtitle it. These reports are available for people age 65 and older, though if you are younger you can still run the report to see what Medicare coverage you will get and to what extent you will need to cover your medical expenses. There are ratings in the report for a large number of insurance companies. Financial Rating Series Online is really just amazing!
Will you be needing a new car in the near future? Have you wondered what the advantages are to leasing a new car? Consumer Reports just published an article comparing and contrasting both approaches as well as a specific example that compares the financing details between buying and leasing a 2017 Honda Accord. There are pros and cons for both approaches but Consumer Reports provides all the necessary information in order to make an informed decision. The Library has a subscription to the online Consumer Reports which is linked on the Web Resources page–you will need your library card number and pin to access remotely. Please contact the Research Services Desk (847 590 firstname.lastname@example.org) on the second floor of the Library if you have any questions.
Trying to organize your important paperwork and questioning what you need to hold onto and what you can just shred or recycle? Here’s some guidelines as to how long you should keep your documents.
What to Keep for a Limited Time
– Household furnishings paperwork
– Investment purchase confirmations
– Loan documents
– Savings bonds
– Vehicle records
What to Keep for a Year or Less
– Bank records
– Credit-card bills
– Current-year tax records
– Insurance policies
– Investment statements
– Pay stubs
What to Keep for Seven Years
– Federal and State tax returns and supporting documents
What to Never Toss
– Defined-benefit plan documents
– Estate-planning documents
– Life-insurance policies
– Safe-deposit box inventory
For further details see:
How long to keep tax records and other documents (from ConsumerReports.org)
How long should I keep records? (from IRS.gov)