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Welcome to Financially Lit, brought to you by the ELGA Credit Union Foundation for Impact. It's a fantastic free resource that offers financial education, resources, and tools to help you achieve your goals and dream big. Whether you're into blogs, podcasts, quizzes, or calculators, this is your go-to place for all things financial!
BLOG |
2 min read | April 1, 2025
Student-athletes with NIL income face unique tax obligations. Keep detailed records, report all earnings, make estimated tax payments, and consult a tax professional. Proper tax management will help to ensure financial stability and compliance.
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BLOG | INVESTING
2 min read | March 27, 2025
Time and compound interest are two peas in a pod. Let’s break down what compound interest is and the positive relationship that it can have with time.
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BLOG | BUDGETING
2 min read | March 25, 2025
Decorating your first place — whether it’s a dorm or an apartment — is exciting for many students, but it’s important to remember the foundation of financial wellness: a budget. Budgeting will help any student shop smartly and with more intention.
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BLOG | CREDIT
3 min read | March 20, 2025
Dealing with credit for the first time can make you feel like you have no idea what you’re doing. This article will review a few considerations before opening your first credit card.
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BLOG | FRAUD
3 min read | March 18, 2025
Predatory lending can come in many different forms. The lure of guaranteed approvals and quick cash means many consumers fail to realize exactly what terms they are signing up for.
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VIDEO | INVESTING
1 min | March 17, 2025
Are you looking to invest but don't know where to start? Watch this video to learn about considerations before you start investing.
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Predatory lenders often prey on people who are desperate for quick cash, making it important for you to understand exactly what you’re signing up for when you hear that a lender approves everyone regardless of credit!
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