Financial Goals

We Teach Real Financial Topics for Real People

Financial Literacy can help you or your students save up for a major purchase. In a few simple steps, you can reach your savings goal and feel good about achieving something.

Determine your Goals and Develop a Savings Plan

  • Decide what it is you want to save up for, and be specific. (IPOD, new car, computer, college, etc.)
  • Do research into price and quality to make sure you are getting what you want.
  • Write down the amount you will need to save. (include tax, insurance, etc.)
  • Do a Budget to determine how much you can save each week or month, after all your expenses. (Be Realistic!)
  • Calculate how many weeks or months it will take you to reach your savings goal.
  • Stick to your plan and reach your goal!

From the Classroom to Real Life

Did You Know?

  • NM Payday Lenders are currently allowed to charge 400% interest.
  • Credit is a product – you can and should shop around for the best deal!
  • Credit Unions or Banks can offer better interest rates than dealerships.
  • You are allowed a free credit report each year – and you should get one!
  • Start saving now, and you’ll be surprised how much your money will grow.
  • Start having good financial habits now – it can change your future.