Quarterly Newsletter

Volume 1, Issue 2 - Fall 2024

Hey Student Investors! Summer’s officially over and we’re all back in the grind. But just because school’s in session doesn’t mean you can’t make moves with your money. In this issue, we’ve got everything you need to level up your financial game while balancing school, sports and social life. Let’s dive in!

Back-to-school shopping can drain your wallet if you’re not careful. But don’t worry, here’s how to stay on top of your spending while still getting what you need:

• Essentials First, Wants Later: Grab what you actually need—school supplies, textbooks, maybe a fresh pair of shoes. Save the “nice-to-haves” for later.
• Score Those Discounts: Always check for student discounts and online coupon codes. Seriously, brands want your business!
• Second-Hand Wins: Need a new jacket or textbooks? Check out thrift stores or apps like Depop, Poshmark or even Facebook Marketplace to score some great deals.

The holidays will be here before you know it and don’t forget about homecoming season! Instead of waiting until the last minute, start saving now:

• Set a Goal: Whether it’s for homecoming tickets, a new outfit or gifts, figure out how much you need and save a little each week.
• DIY It: Get crafty! You can DIY your way to cool holiday gifts or homecoming decorations for way less money.
• Part-Time Hustle: Fall is prime time for side gigs. Offer tutoring, babysitting or even sell your old clothes online to make extra cash for your goals.

Thinking about investing but not sure where to start? Let’s break it down:

• ETFs (Exchange-Traded Funds): Think of an ETF like a playlist of your favorite songs. It’s a mix of different investments (stocks, bonds, etc.), so if one doesn’t perform well, the others might keep things steady. Lower risk, more balance.
• Stocks: Buying individual stocks is like choosing your favorite song to play on repeat. It’s fun when it’s good, but if that company tanks, you feel the pain. There is more risk, but there is potential for big gains.
• Which Should You Pick? If you’re just starting out, ETFs are like the "safe playlist" of investing—less risk. If you’re up for more research and want bigger returns, try your hand at stocks.

You’ve probably noticed that things like food, clothes, and even concert tickets are way more expensive than they used to be. That’s inflation in action and here’s what you need to know:

• What’s Inflation? It’s when prices for everyday stuff go up over time. That $10 hoodie you bought last year might cost $12 now.
• Why Should You Care? If prices keep going up but your allowance or paycheck stays the same, your money buys less. That’s a problem.
• How to Beat It: Start saving and investing! Over time, investments can grow faster than inflation, which means your money holds its value (or even grows) while prices rise.

Q: How can I stay motivated to save when there’s so much I want to spend on?

A: It’s all about balance! Set a big savings goal, but allow yourself some “fun money” for small splurges. Use apps like Zogo or Piggy to track your progress and reward yourself when you hit milestones. Also, think about what you really want—whether it’s new AirPods, concert tickets or even a car—having a clear goal makes it easier to stick to your plan.

 Volume 1, Issue 1 - Summer 2024

Hello, Junior Investors! Summer is here and it's the perfect time to dive into new financial goals, learn new skills and make the most of your free time. Our summer edition is packed with tips and resources to help you become more financially savvy.

With summer comes extra spending on activities, trips and treats. Here’s how to keep your budget in check:

1. Plan Ahead: List out your summer activities and estimate their costs.
2. Set Limits: Allocate a specific amount for each category (entertainment, food, travel).
3. Track Daily: Use an app like PocketGuard to monitor your spending in real-time.

Summer is a great time to earn extra money. Here are some side hustles perfect for teens:

• Pet Sitting/Dog Walking: Many families travel during summer and need someone to care for their pets.
• Lawn Mowing/Gardening: Offer to mow lawns or help with garden maintenance in your neighborhood.
• Tutoring: If you excel in a particular subject, offer tutoring sessions to younger students.
• Athletic Trainer: If you excel in sports or fitness, consider offering training sessions to younger athletes looking to improve their skills and performance. 

Mutual funds are a great way to start investing. Here’s what you need to know:

• Definition: A mutual fund pools money from many investors to purchase a diversified portfolio of stocks, bonds or other securities.
• Diversification: This reduces risk because your money is spread across many investments.
• Start Small: Many mutual funds have low minimum investment requirements, making them accessible for new investors.

Have you noticed how everyone is paying with their phones or watches? Here's why:

• Convenience: Digital payments are faster and more convenient than cash or checks.
• Security: They offer enhanced security features, like encryption and tokenization.
• Future Trend: Understanding digital payments can help you stay ahead in the evolving financial landscape.

Q: What’s the best way to start saving for college?

A: Start by opening a dedicated savings account or a 529 college savings plan. Contribute regularly, even if it's a small amount. Look for scholarships and grants to help cover costs.