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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.

blog posts

  • Screenshot of google map for financial institutions created by SMMC with white text: Financial Institutions Map

    Banking Locations Near Each University

    Looking for a financial institution on campus? Explore our Google Map for locations on or close to each campus in the University of Illinois System.

  • Behavioral Economics: Five Ways to Shift Your Habits

    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.

  • Breaking a Rental Lease in Illinois

    Kwabena Sarfo Adjei, SMMC Support Specialist and LLM student at University of Illinois Urbana-Champaign's College of Law, describes how he was able to get out of his rental lease after finding the rental property did not meet his expectations.

  • Budget Hacks Presentation Title Slide with brain icon

    Budget Hacks - Get Savvy Webinar Recording

    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.

  • Buying vs Renting a Home - Get Savvy Webinar Recording

    Explore the differences between renting & buying and what to consider when deciding what's best for your situation by watching this webinar recording from April 13, 2022.

  • Conscious Consumerism - Get Savvy Webinar Recording

    Learn how you can align your own behaviors with your personal values and goals with this webinar recording from November 10, 2021.

  • Creating Your Own Financial Education Plan

    Use this guide to identify what modules in the University of Illinois Financial Literacy Badges Program align with your financial education needs and make a learning plan for yourself!

  • Decreasing Borrowing While in School

    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.

  • Financial Aid Notifications: Cost of Attendance is Estimated

    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.

  • Financial Literacy Around the World

    Financial education influences financial literacy and financial well-being around the world. This article highlights some statistics on financial literacy around the world, financial inclusion as well as financial resilience.

  • Pair of glasses with "Focus Your spending with Lists" laid over the image

    Focus Your Spending with Lists

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

  • Empty grocery store shelves

    Food Insecurity Takes on New Meaning in 2020

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

  • Crow

    Friday the 13th! Financial Planning to Avoid Unlucky Losses

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

  • Funding a College Education

    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.

  • Funding New Year's Festivities

    The best way to manage your finances on New Year’s Eve is to plan ahead and set a defined budget you are comfortable with. Read more tips to save while celebrating.

  • Quote from Oprah Winfrey: “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.”

    Gratitude & Personal Finances

    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. 

  • Collection of Several Hundred Dollar Bill Bundles in US Currency

    How do people with vision impairments manage money?

    Vision impairments can complicate how people manage their money. Learn about ways that people with reduced vision or blindness can be empowered to navigate finances on their own.

  • How to Support Small Businesses During COVID-19

    Here are ways you can help support small businesses during COVID-19.

  • Identifying Expenses: Fixed, Flexible, or Occasional?

    If you're looking for a better understanding of how to categorize expenses in your budget or spending plan, explore the differences between fixed, flexible, and occassional costs.

  • Inflation: When Prices Rise - Get Savvy Webinar Recording

    Learn about how inflation impacts individual consumers by watching this webinar recording from September 28 2022.

  • IOUs: There's an App for That!

    Have you heard of Venmo? Squarecash? These are just a few of the apps that allow you to send money to anyone, anywhere, anytime.  From a convenience standpoint, these advances are amazing—but what are the costs of convenience?

  • Leveraging FinTech - Get Savvy Webinar Recording

    Learn about new financial technologies as well as considerations and protections that may be helpful in choosing fintech for navigating your financial journey.

  • Image of cat in background with "Memes & Money: What are the Facts?" text overlaid

    Memes & Money: What are the Facts? - Get Savvy Webinar Recording

    Learn about money memes, digital assets, and more by watching this webinar recording from January 25, 2023.

  • Overcoming Spending Temptations

    Get some idea starters on how to overcome spending temptations, just in time for the shopping season! 

  • April 30th Student Loan Deadline

    Podcast: April 30th Student Loan Deadline

    In episode 81 of Making Cents of Money, April 30th Student Loan Deadline, we discuss a critical deadline for FFEL, Perkins, or Health Education Assistance Loans (HEAL) borrowers on income-driven repayment (IDR) plans. 

  • Podcast: Banked or Unbanked - Choosing Financial Services for You

    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.

  • Podcast: Budgeting

    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.

  • Building Wealth After Graduation

    Podcast: Building Wealth After Graduation

    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.

  • Woman sitting in car smiling and holding up a car key

    Podcast: Buying a Car!

    In episode 22 of Making Cents of Money, Buying a Car!, Nikki, Andrea, and Jake explain the true costs of car ownership as well as the terms and tools to know about before you buy your next vehicle.

  • Podcast: Buying a Home!

    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.

  • Podcast: Choosing a Financial Professional

    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.

  • Podcast: Cryptocurrencies

    In episode 24 of Making Cents of Money, Cryptocurrencies, Andrea, Jake, and Nikki talk to Professor Lamont Black from DePaul University about cryptocurrencies, discussing everything from the blockchain technology behind them to their utility in the world of fintech.

  • Podcast: Employment

    In episode 35 of Making Cents of Money, Employment, Andrea, Jake, and Nikki continue the podcast series on economic indicators by discussing metrics related to employment.

  • Podcast: Establishing a Vision for Your Life

    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.

  • Podcast: Financial Planner vs AI

    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®.

  • Podcast: Financial Security and Stress

    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.

  • Podcast: Gross Domestic Product (GDP)

    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. 

  • Podcast: Gross National Happiness

    In episode 34 of Making Cents of Money, Gross National Happiness, Jake and Nikki discuss an alternative metric to Gross Domestic Product that some countries use to help monitor the health of their economies called Gross National Happiness.

  • Podcast: Inflation

    In episode 30 of Making Cents of Money, Inflation, Jake, Nikki, and Andrea discuss what inflation is as one of many metrics to gauge how an economy is doing and how it impacts our spending power as consumers.

  • Is Crypto the Wild West? with a sunset and silhouettes of saguaro cacti.

    Podcast: Is Crypto the Wild West?

    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.

  • Podcast: Money Personalities & Financial Well-being

    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.

  • Podcast: Mortgages

    In episode 38 of Making Cents of Money, Renting!, Andrea, Jake, and Nikki interview IDFPR's Anti-Predatory Lending Database Director, Kari Beyer, about the ins and outs of mortgages.

  • keychain in the shape of a house with keys on it. text says "Real Estate"

    Podcast: Real Estate

    Episode 17 of Making Cents of Money, Real Estate, explains the world of real estate professions and what to consider when hiring professionals to help you buy or manage a home or other real estate property!

  • Podcast: Renting!

    In episode 37 of Making Cents of Money, Renting!, Andrea, Jake, and Nikki discuss the basic steps and what to watch for when renting a place to live.

  • Podcast: Selling a Home

    In episode 45 of Making Cents of Money, Andrea and Nikki discuss many aspects of selling a home so you can make more informed choices when it comes time to sell your own home.

  • Podcast: Setting & Prioritizing Financial Goals

    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! 

  • Podcast: Shopping for Appliances

    In episode 44 of Making Cents of Money, Nikki and Andrea talk about shopping for appliances, and they've focused on times when it may be a surprise shopping need!

  • Episode 77 - Tax Talk with two people speaking to each other over some paperwork.

    Podcast: Tax Talk

    In episode 77 of Making Cents of Money, Tax Talk, Andrea and Nikki talk tax... forms, terms, and more as the April 15 federal tax deadline approaches.

  • Podcast: Technology and Your Money

    Episode 3 of Making Cents of Money, Technology and Your Money, explores how financial technologies are evolving and what that means for keeping our money safe.

  • Chicago skyline with "Community Reinvestment Act" as text overlay

    Podcast: The Community Reinvestment Act

    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.