LibGuides: Adulting: Money, Taxes, Insurance

UMSL Resources

UMSL Student Financial Aid
The UMSL Financial Aid site has links to information on the Financial Aid Basics at UMSL, scholarships and grants, loans, work study and information about upcoming financial literacy events.
UMSL Net Price Calculator
The intention of the net price calculator is to provide families with estimates on the total cost of attendance for the University of Missouri–St. Louis. The estimated total grant aid package determined by the calculator is based upon averages of grant aid awarded to college students in particular income ranges that attended UMSL in a previous academic year.

Resources

I Will Teach You to Be Rich by Ramit Sethi
Call Number: HG179 .S4246 2019 on TJ 4
ISBN: 9781523505746
Publication Date: 2019-05-14
A six week personal finance program for adults 20-35
Would you rather be sexy or rich? -- Optimize your credit cards -- Beat the banks -- Get ready to invest -- Conscious spending -- Save while sleeping -- The myth of financial expertise -- Investing isn't only for rich people -- How to maintain and grow your system -- A rich life.
Poorcraft by C. Spike Trotman; Diana Nock (Illustrator)
Call Number: HG179 .T76 2017 on TJ 4
ISBN: 9781945820014
Publication Date: 2017-05-16
"Poorcraft is the essential comic book guide to practical urban and suburban frugality! Whether you're new to independent living, a recent college graduate, or just downshifting to a simpler lifestyle, Poorcraft can help you with everything from finding a home to finding a hobby, dinner to debt relief, education to entertainment. It's time to cut your expenses! Or just make sure they never pile up"--Page 4 of cover.

How to Build a Budget
From Nerdwallet, following the 50/30/20 rule.
Reddit Personal Finance Wiki for Young People
Advice for young people 18-25. To help folk: "Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!"
Reddit Poverty Finance Wiki
A community built wiki with a focus on helping individuals in poverty with their finance. "Offering financial advice, frugality tips, stories, opportunities, and general guidance for people who are struggling financially. No Judgement, just advice!"

Federal taxes are due every year on April 15. Most state taxes also adhere to this April 15 deadline, but DE, HI, IA, LA, ME, MA, OK, SC, and VA all have slightly extended deadlines.

Taxes can feel overwhelming, but there are lots of tools to help you figure it out! You can pay someone to help you file your taxes, or you can do it yourself for free on the IRS website. Start planning and collecting your documents in Jan. or Feb., so you have a lot of time to ask questions and get anything else you need.

Free File: Do Your Federal Taxes for Free
Free File is an IRS tool you can use to prepare and file your federal individual income tax return for free using tax-preparation-and-filing software.
UMSL Tax Information
How to view and print your 1098-T tax form online at UMSL.
Tax Guide for College Students
"As a college student, filing taxes can be tricky and stressful, but taking advantage of education credits you’re eligible for can make it a more positive experience that includes a nice tax refund."
Tax Information for Students - IRS
When filing a tax return, you may need to include scholarships and grants as taxable income. Tax benefits for higher education, such as loan interest deductions, credits and tuition programs, may help lower the tax you owe. You can find out more from this IRS site.
WSJ: Tax Report - First Time Paying Taxes? Buckle Up
This article is accessible to UMSL staff and faculty via a Wall Street Journal membership.
Activating Individual New York Times & Wall Street Journal Accounts
The libraries have purchased Individual accounts for students, staff, and faculty.

Insurance is really hard. Bestcolleges.com has an article titled: The Student's Guide to Health Insurance, that might help.

UMSL Health, Counseling & Disability Access Services - Health Insurance/Fees
Students are encouraged to have health insurance while enrolled at UMSL. Health insurance is available for domestic and international students through Aetna.

For further information regarding insurance:

Aetna Student Health - https://www.aetnastudenthealth.com/
Phone: (877) 375-7905
International Student and Scholar Services - Mandatory Health Insurance
Due to the high costs and complexity of the American health care system, it is very important that international students and scholars have comprehensive health insurance coverage during their studies in the United States. Additionally, UMSL mandates that all students in F-1 or J-1 immigration status have health insurance meeting the requirements established by the United States Department of State. J-1 students and scholars and dependents of J-1 students and scholars are also required to have this health insurance policy. F-1 students on post-completion Optional Practical Training (OPT) and dependents of F-1 students may purchase this health insurance coverage if they choose.

UMSL Student Financial Aid Home