SMMC News & Events Blog

This blog highlights news, events, and informative articles on personal finance from University of Illinois System's Student Money Management Center. Feel free to navigate to different categories with the list of topics on the right or search for a specific topic next to the view all link below.

In episode 78 of Making Cents of Money, Is Crypto the Wild West?, David DeCarlo and Jake Hamilton join us to discuss what regulation does and does not exist for consumers regarding crypto.

In episode 36 of Making Cents of Money, Buying a Home!, Andrea, Jake, and Nikki explain terminology, tools, and the basics steps of buying a home.

In episode 98 of Making Cents of Money, Kimber and Andrea talk about the costs of car ownership and what to consider when deciding on if a vehicle is a need or a want for you. 

The reality of personal finance is that it is personal and requires behavior change. Learn ways to make behavior changes easier to accomplish your goals.

In episode 65 of Making Cents of Money, Financial Planner vs AI, we discuss the pros and cons of using Artificial Intelligence language model, ChatGPT, to answer financial planning questions with the help of Donovan Sanchez, CFP®.

We aren't able to accommodate workshops by request, but we have dozens of webinar recordings on YouTube and plan new, live webinars each academic year on different financial topics. You can empower your peers or students with increased financial knowledge by throwing a webinar watch party.

In episode 101 of Making Cents of Money, join Kimber and Andrea for pointers on pursuing your financial resolutions in the new year.

In episode 47 of Making Cents of Money, Chasse Rehwinkel joined Nikki & Andrea to discuss the Community Reinvestment Act and how it is intended to support economic equality.

As Hunger Action Month comes to a close, we're reflect on how food insecurity has looked different in 2020 than in previous years. 

Money can be messy - it's not just about numbers, calculators and excel sheets. If you're looking for new ways to manage your money mess, we have the budget hacks for you! Learn how to take what we know about human behavior and choices to build better financial habits.

In episode 97 of Making Cents of Money, Andrea and Kimber discuss a variety of ways to save on travel during the holidays (and beyond)! 

In episode 32 of Making Cents of Money, Gross Domestic Product (GDP), Andrea, Nikki, and Jake explain Gross Domestic Product as part of an ongoing mini series on economic indicators. 

Episode 2 of Making Cents of Money, Banked or Unbanked - Choosing Financial Services for You, is all about defining unbanked/underbanked, the differences between banks & credit unions, and how to choose the right financial institution for you. Learn from Illinois' Director of Banking, Chasse Rehwinkel, and Director of Financial Institutions, Francisco Menchaca.

In episode 33 of Making Cents of Money, Establishing a Vision for Your Life, Andrea, Nikki, and Jake talk to Donovan Sanchez, CFP and instructor of financial planning at University of Illinois Urbana Champaign about making meaningful money choices that allow you to live life now and make progress towards the future.

Can money really buy happiness? On this episode of Making Cents of Money, we unwrap the science behind money and joy with Donovan Sanchez who returns to discuss his primary research interest. From hedonic adaptation to pro-social spending, learn ways to boost well-being without breaking the bank. 

In episode 68 of Making Cents of Money, The Financial Impact of Digital Illiteracy, Andrea and Nikki explore the financial implications of digital Illiteracy in our digital age.

Funding your education can be a daunting task, but there are many tools to help students and their families cover the cost of a college education.

In episode 25 of Making Cents of Money, Choosing a Financial Professional, Andrea, Jake, and Nikki talk to Kathy Sweedler from University of Illinois Extension about type of financial professionals, credentials, and how to choose one that best meets your needs.

Unlock the secrets of financial aid. Learn how to maximize your financial aid package and ease the burden of tuition. Join us to navigate the complex world of financial aid with confidence. 

In episode 115 of Making Cents of Money, Andrea & Kimber explore the habits that can impact your financial decisions and how stress plays a role in our spending decisions.

Many students end up unable to register every semester because they owe money back to the university, even after receiving a refund. Learn answers to frequently asked questions about refunds and get entered to win one of five $50 gift cards.

In episode 105 of Making Cents of Money, Emily Harmon, Illinois Extension Family Life Educator, joins Kimber & Andrea to delve into the Transtheoretical Model which can help explain why behavior change relating to finances can be challenging.

Financial aid notifications, or award letters, contain valuable information that help you understand the costs of college. However, it's important to remember that Cost of Attendance is an estimate.

In episode 94 of Making Cents of Money, Andrea and Kimber discuss the cost of living and why it matters when comparing costs and how far your dollars will go if you relocate.

Student loans can be a valuable tool for increasing access to higher education, but it does come with a cost. Learn how to limit those costs while in school so you decrease future costs of compounding interest.

An important part of building a savings habit is understanding how small amounts add up. 

In episode 104 of Making Cents of Money, Andrea & Kimber discuss considerations for navigating financial management when it comes to relationships, be them romantic, familial, or with friends and roommates.

Friday the 13th is often considered an unlucky day, but let's talk about how to improve your luck with 13 financial planning tips!

In episode 99 of Making Cents of Money, Andrea and Kimber discuss financial socialization, how it develops, who contributes to it, and what it means for our relationship with money.

In episode 80 of Making Cents of Money, Building Wealth After Graduation, Donovan Sanchez returns to talk about how to navigate juggling multiple goals during the transition to life after college.

In episode 106 of Making Cents of Money, Andrea and Kimber discuss the nuances of neurodiversity as it relates to navigating money management.

In episode 102 of Making Cents of Money, Treasurer Michael Frerichs joined as a guest to discuss the state of Illinois' process for getting unclaimed property back to the owners.

A strong foundation to any financial plan are goals. Set a goal with #UISAVES to connect with resources to help. universityillinoissaves.org

In episode 55 of Making Cents of Money, Donovan Sanchez from University of Illinois' Financial Planning program talks about wealth building as a balancing act.

In episode 83 of Making Cents of Money, Lines of Injustice: What is Redlining?, DFPR Secretary Mario Treto, Jr. discusses the topic of redlining and how it leads to disparities for generations. 

There are so many things to be grateful for in this life. As we go into the holiday season, in this article we will discuss about how gratitude impacts our finances. 

Learn how to stretch your money, protect your mental health, and build a financial safety net during the post-graduation gap, with practical strategies for survival budgeting, bridge jobs, and managing student loans before your first payment hits.

In episode 23 of Making Cents of Money, Money Personalities & Financial Well-being, Andrea, Jake, and Nikki discuss several financial personality inventories and the CFPB's financial well-being scale as tools to better understand financial values, habits, and internal feelings around money.

In episode 20 of Making Cents of Money, Budgeting, Nikki, Andrea, and Jake cover a few of the most popular budgeting (or spending plan, if you prefer) methods to help you think about building a financial plan.

In episode 75 of Making Cents of Money, Setting & Prioritizing Financial Goals, Nikki and Andrea discussed several strategies for setting, prioritizing, and re-prioritizing financial goals... just in time for the new year! 

Friday the 13th is often considered an unlucky day, but let's talk about how to improve your luck with personal finance!

In episode 31 of Making Cents of Money, Financial Security and Stress, Andrea, Nikki, and Jake talk about statistics related to both financial security and stress and tips to deal with them.

Tuition & fees will be due before you know it, so here are the top 5 financial reminders for International Students.

We put together a few tips in an effort to add to your ideas and/or motivate you to start practicing self-care/self-love on a budget! 

Self-advocacy is an important skill to practice, particularly right now. Whether it's getting the resources you need to succeed in school or setting boundaries with your loved ones so you can focus on your own well-being, it's important to communicate with others about your needs, wants, and struggles throughout your life.

When considering decision-making in terms of your finances, it’s important to understand behavioral economics so we can develop healthier spending habits and save money along the way.

Looking to establish a relationship with a financial institution? We've highlighted reasons you might need one and steps to opening a checking or savings account in the U.S.

If you or your loved ones experience a disruption in your Supplemental Nutrition Assistance Program (SNAP) funds this Saturday, here's where to go to find food.

Lists are helpful for all kinds of things, but how can they help you focus your spending?

As we get ready for our first Get Savvy webinar of fall 2022, Inflation: When Prices Rise, we wanted to share a little bit about shrinkflation - what it is and how to cope with it as a consumer.