Author: Amy Sumsion

Amy is a junior at SNHU in the Bradley Three Year Honors Program studying Business Administration with a concentration in Accounting. Along with her involvement in the newspaper, Amy also dedicates her time as Treasurer of the National Society of Collegiate Scholars while being the general member for other clubs on campus such as Admission Student Leaders and CAPE. She is also the Financial Literacy Assistant for Student Financial Services. Amy looks forward to her second year in the Penmen Press and her continuing role on the newspaper writing about financial literacy.
News

Exit Counselling for Seniors

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Second semester is almost over and that means it is almost time to walk the stage and complete exit counseling for any federal student loans students may have taken out while here. Students that took out federal student loans participated in entrance counseling, remember how easy and informative that was? Exit counseling is just as easy, informative, and…required! Exit counseling is an online exercise
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Spend Less to Save More

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Being in college, or even being in the job students have immediately following college, means that students are not making very much money. Having a work study job, jobs on campus or off, summer jobs or internships typically are paying minimum wage or nothing at all. It is important to reduce monthly spending to ensure that students have spending money as well as money
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Save On Snacks

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It is time to start deciding where students want to live on campus next year. Do students want to live in a double, pod or an apartment? It all depends on the amenities they want. If they live in an apartment, they will have a kitchen and a reduced meal plan as they are expected to be cooking most of their meals themselves. Living
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Vacation on a Budget

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Just because students are living on a budget, does not mean that students have to stay home for Spring Break. More than 1.5 million students go on Spring Break every year and spend an average of  $1,000 per student, according to Travel Weekly.   However, even the student with the smallest budget can get away for this week and enjoy the days on the
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Compound Interest: Tool or Weapon

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For some, compound in­terest may be a new term and a new concept. However, for students in college, it is cru­cial that this daunting term is understood. Simply put, com­pound interest is the additional amount of money that is added to an already existing balance. Compound interest can either work for or against students depending on whether they are borrowers or investors. According to
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Paying Off Holiday Debt

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While the holidays are for bringing loved ones together, they can also be very expensive. Many shoppers find themselves struggling to pay down credit card debt, and other debts, that have stacked up when the holidays are over and reality sets in. According to the American Research Group, shoppers spent over $900 on average during the 2016 holiday season. That does not include debt
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Take Time Before You Sign

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Buying a car, while exciting, is a decision that takes planning. Aside from examining safety features, look, technology, and gas efficiency it is just as important to consider the financial aspects of financing a car. According to Edmunds. com, in 2014, the average price for buying a used car was $16,800 and continues to rise. For students considering buying a used car, it is
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News

Textbook Shop Until You Drop

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On top of tuition, room, and board, supplies and personal expenses, textbooks are another expense that adds to the already large pile of debt students accrue throughout the college years. According to the National Association of College Stores, the average textbook price is $145 in 2016. Textbooks are required in most, if not all classes, so it is important that students know the different
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Credit Score Is A Problem No More

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A credit score is more than just a number; it’s a snapshot of a person’s financial responsi­bility. In order for someone to maximize their credit score, they must know how it works. Here are four facts about credit scores people should know. Credit reports are not the same as credit scores. A credit report, which starts when some­one takes out a loan or opens
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Making Budgeting Easy

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Being a broke college student can be hard sometimes. Students want to make plans with friends to go out, but they don’t really have the money. With a low income and high expenses, it is important to create a budget to see exactly how much money is coming in and how much is going out. Creating a budget can be daunting and rather boring,
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