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Financial Industry News

Skechers to pay $40 million over deceptive ads: Skechers, the company that makes those popular Shape-ups toning shoes, has agreed to pay $40...
Bill would crack down on nasty overdraft fees: Rep. Carolyn Maloney doesn’t want you to unwittingly fork over $35 for a cup of coffee. Maloney...
Why you should never sell your old cell phone: Most smart devices are designed to save your personal information. You may think you've erased...
FCC not doing enough to stop bogus billing: It's the scam that just won't go away. About 20 million phone customers in this country become...
Student angels earn their investing wings: Fifteen students at the University of Missouri ran a venture capital fund to identify and invest...
A fun financial education is just a click away: Interactive online games or smartphone applications can help kids of all ages get a grip on...
Teens absorb a lot as KC Fed student directors: "We think it is critical that you understand how to go about making decisions about money," KC...
When you need college advice, consider this option: Finally it's down to two schools, but you can't make up your mind. With so much riding on the...

Calculators

Use the Financially Independent Today ("FIT") Tools, below, to illustrate concepts in the classroom and students can use them for their class activities and projects.

	Compound Interest Calculator
	This tool allows students to calculate savings based on compound interest.

	Debt Reducer Calculator
	This tool allows students to calculate the effects of debt and interest.

	Savings Goal Calculator
	This tool allows students to calculate how much to save on a monthly basis to achieve a financial goal.

	Spending Plan 1
	This tool allows students to create a spending plan and compare income to expenses.

	Spending Plan 2
	This tool allows students to create a complex spending plan and compare income to expenses.

	Spending Plan Download
	Use this spreadsheet to track your expenses on a monthly basis.