Committed to improving the financial IQ of my generation

Monday, May 23, 2011

Have You Heard?

I was recently told about a wonderful company online called LearnVest.com. Founded by a Harvard alumna, its mission is to make information and tools for personal finance readily available for women. I believe, however, that this website could help both men and women tremendously.

My favorite feature on the website (one of SEVERAL features) is the online bootcamp programs. Some of the programs are free, and some cost $14.99. They vary in topics from beginner's basics to getting out of debt to living frugually. Daily blurbs, action plans and to-do lists are emailed to you on your topic of choice once you enroll. I enrolled in the free bootcamp called "Personal Finance Basics," and I'll post my reviews once I've completed it.

The website also boasts of powerful tools such as the credit card finder, monthly payment calculators for simple loans and mortgages, retirement calculators and plenty of articles on important and fun topics (e.g,. party planning on a budget or how to get freebies all over town).

Be forewarned, however. Part of LearnVest's business model is affiliation fees paid by companies such as TD Ameritrade and other retailers who advertise on or obtain patronage from LearnVest users. This website is geared towards women in their early 20s and LearnVest's advertisers and affiliates are leveraging their exposure accordingly. Before you shovel your money into an "LV approved account" or apply for an "LV approved credit card", be sure to check BankRate.com for information on these accounts, cards or investment vehicles.

Here's the website! Now go get smarter!
http://www.learnvest.com/

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