Friday, January 7, 2011

personal finance money management


Intuit-owned Mint.com is heading to schools today with the launch of a free, online program designed to educate middle-school students about personal finance and financial management.


Mint has partnered with educational publisher Scholastic to develop materials that parents and teachers can use to teach children the ins and outs of personal finance management. The materials includes lesson plans as well as an interactive game, to teach children money management, budgeting and goals.


For example, the program teaches children the concept of compound interest with real-life math problems, and encourages children to set goals and budgets with their own current work opportunities (i.e. babysitting).


Mint says the curriculum will be expanded to 30,000 classrooms nationwide early next year. Considering the state of the economy and credit, teaching children financial literacy and sounds personal finance practices at an early edge is an incredibly important initiative. In terms of branding, this is a big win for Mint, which can start building awareness of its tools among students at an early age.


When you see something you like in a store, you wonder how much extra you would have to work in order to buy it. While previously you had to rely on mental estimates, you can now accurately find out thanks to “Days to Pay”.

Days to Pay is a simple web tool that helps you find out the how much you would have to work in order to have a certain amount of money. You can enter in the cost of something you liked in a store and then enter your salary. You can enter your hourly or annual salary and select the average number of hours/days you work. Others factors considered are miscellaneous daily and monthly expenses.

After you have filled out all fields, click on the “Calculate My Days to Pay” button; the time will be quickly calculated and shown. In these simple steps you will quickly find out how long you would have to work before you could buy the thing that you like.

Features:

  • A user friendly web service.
  • Lets you find out how long you would have to work to buy something you like.
  • Factors in your salary and expenses.
  • Accepts your hourly or annual salary as factors.
  • Accepts daily and monthly expenses as factors.
  • Similar tools: TheRealDamage.

Check out “Days to Pay” @ www.daystopay.com (By Umar from TechCityInc)


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