iOS app Android app

Scott Gamm

Entries by Scott Gamm

Here's How to Negotiate a Higher Salary

(7) Comments | Posted April 29, 2013 | 8:38 AM

Negotiating a raise or a higher starting salary is undoubtedly a delicate task. The employee always wants more money and employers are typically reluctant to grant raises in an effort to keep costs down. Navigating this dynamic requires some planning and careful strategy.

Read Post

Three-Step Financial Action Plan for Graduating High School Seniors

(0) Comments | Posted June 15, 2011 | 6:04 PM

As millions of high school seniors mark the graduation milestone this month, many lack the skills necessary to successfully manage their finances, partly due to the lack of financial classes in schools. In fact, only 4 states require students to take a semester of personal finance education and another 20...

Read Post

College Graduates: Become Debt Free For Life

(0) Comments | Posted June 9, 2011 | 10:49 AM

As college graduates across the country admire their hard earned diplomas they recently received, it's hard to forget about the burdensome student loan debt plaguing many graduates. In fact, the average student loan debt upon graduation is $24,000, according to the Project on Student Debt. For those who've...

Read Post

How to Find a Summer Job or Internship

(1) Comments | Posted May 4, 2011 | 1:36 PM

The unemployment rate among teens now stands at a dismal 24.5%, nearly three times the national rate of 8.8%. And a year ago at this time, the teen jobless rate was a little higher at 25.4%, so not much of a change over the past year. The competition...

Read Post

Why We Need Financial Education in Schools

(9) Comments | Posted April 1, 2011 | 1:30 PM

April is National Financial Literacy Month, a time devoted to promoting financial education.
Personal finance should be a course that all students take before graduating from high school. However, only four states require students to take a semester of personal finance education; a higher 20 states require students...

Read Post

10 Steps to Spring Clean Your Finances

(0) Comments | Posted March 24, 2011 | 1:17 AM

Spring has officially arrived, although here in New York City, you wouldn't notice since it snowed this week...

Nonetheless, here are 10 ways to get your finances in order. Just as you may clean out your closet or complete other "spring cleaning" chores around the house, your finances should be...

Read Post

Credit CARD Act One Year Later: Was it a Success?

(3) Comments | Posted February 21, 2011 | 10:35 AM

One year ago on February 22, 2010, the epic Credit CARD Act took effect, which aimed to reform the entire credit card industry and help young people under age 21 steer clear of credit card dangers.

Now one year later, was the CARD Act a success?

Read Post

College Students: Stop Stressing!

(3) Comments | Posted January 30, 2011 | 7:43 PM

Current college freshmen are more stressed than ever, according to a study from the Higher Education Research Institute at the University of California, Los Angeles, which has been keeping track of student health for decades. The study found that only 51.9% of first-year college students considered their emotional...

Read Post

3 Ways College Students Can Achieve Financial Success in 2011

(2) Comments | Posted December 31, 2010 | 2:00 PM

With 2011 only hours away and since most college students are off on winter break, now is a great time to focus on your finances for the New Year. Follow these three simple steps to ensure that your finances are safe for 2011:

1. Credit Cards: If you have credit...

Read Post

Got Gift Cards? Redeem Them!

(4) Comments | Posted December 30, 2010 | 12:57 PM

Gift cards were one of the most popular holiday gifts this season. According to TowerGroup, gift card sales are expected to hit $91 billion. Even though the holiday season is over, chances are you received several gift cards from friends and family as holiday gifts. Most of us...

Read Post

Black Friday Results and What's Ahead for Cyber Monday

(0) Comments | Posted November 29, 2010 | 7:43 AM

More than half of the country shopped on Black Friday weekend! According to the National Retail Federation's (NRF) latest survey, 212 million people hit the stores and websites on Black Friday weekend, compared to 195 million in 2009.

On average, shoppers spent $365.34, compared to $343.31, totaling $45 billion, compared...

Read Post

How to Score the Best Deals on Black Friday

(1) Comments | Posted November 24, 2010 | 1:26 AM

Known as the official start of the holiday shopping season, Black Friday is one of the busiest shopping days of the year. According to The National Retail Federation (NRF), on average, consumers are expected to spend almost $700 on holiday gifts this season, totaling almost $450 billion. The NRF says...

Read Post

Banks Spend $83 Million to Promote Student Credit Card Use

(8) Comments | Posted November 4, 2010 | 4:41 PM

As a college student, I can't stand when credit card companies set up marketing tents and booths on college campuses to convince students to sign up for credit cards. Thanks to the Credit CARD Act of 2009 (legislation that took effect in February 2010 to create transparency and...

Read Post

Is Congress Helping College Students Save Money?

(4) Comments | Posted August 27, 2010 | 12:34 PM

I know it sounds hard to believe, but Congress is helping college students save money -- on textbooks that is. This month, more than 18 million students will be attending college and according to the College Board, spending an average of $1,000...

Read Post

The Lifeline for College Students: Credit Unions

(6) Comments | Posted July 27, 2010 | 11:37 AM

Money management is a key part of the college experience. Since only 24 states require students to take personal finance classes in high school, the majority of incoming college freshmen are not prepared to tackle their finances. In fact, 45% of high school seniors said they were not...

Read Post