University of Wisconsin-La Crosse | uwlax.edu

It Make$ Cents!
Expand menu

  • Save

    Saving vs. Investing

    Saving

    Saving is as simple as keeping money safe in a savings account at a bank or credit union.  Other types of accounts could include certificates of deposit or money market accounts that gain interest at faster rates than simple savings accounts.  Try this Interest Calculator to see the results of long term saving.

    Investing

    Investing money in the stock market or bonds will allow you to earn dividends that are much higher than the savings accounts a bank can offer you but if the market performs poorly you might loose money.

    For more information read Cash Courses article Understanding Saving Versus Investing.
    Savings
    Types of bank accounts

    Checking

    Checking accounts can be charged using checks, debit cards, or ATMs and are a good place to store money you want to spend and access.

    Savings

    While not all checking accounts will earn interest, savings accounts almost always do.  Savings accounts are a good place for money you intend to hang on to for a while.

    Certificates of deposit

    A certificate of deposit (CD) is an agreement between you and your bank that you will leave a specific sum of money in that account for a specific amount of time.  At the end of the deposit period you will receive your money back with interest.  These accounts generally have the highest interest rates, and the more money you deposit, and the longer you put it in for, the higher the interest rate will be.

    Piggy Bank
    Thrifting

    Thrifthing is a great way to save on things you probably already buy.  Below is a list of some of the thrift stores in the La Crosse area.

    If you want a more portable version here's the list on a bookmark.

    Treasures on Main Resale and Antiques

    722 Main St.
    La Crosse, WI
    (608) 785 - 0234

    Wee Repeat

    1732 Market St.
    La Crosse, WI
    (608) 785 - 7111

    The Second Showing

    1400 West Ave.
    La Crosse, WI

    Savvy Home Consignments

    1215 Oak Forest Dr.
    Onalaska, WI
    (608) 785 - 1220

    Boyer's Budget Furniture

    2100 West Ave.
    La Crosse, WI
    (608) 788 - 0535

    Habitat ReStore

    434 Third St. S
    La Crosse, WI
    (608) 785 - 2375

    Elite Repeat

    1601 Jackson St.
    La Crosse, WI
    (608) 784 - 6700

    Fine Things

    1300 Caledonia St.
    La Crosse, WI
    (608) 782 - 1722

    Goodwill

    3945 Mormon Coulee Rd.
    La Crosse, WI
    (608) 783 - 2710

    Goodwill

    200 Theatre Rd.
    Onalaska, WI
    (608) 783 - 1522

    Salvation Army Thrift Store

    728 Copeland Ave.
    La Crosse, WI
    (608) 782 - 6126

    Once Upon a Child

    3133 State Road 16
    La Crosse, WI
    (608) 779 - 5437

    Good Steward Resale Store

    2552 Rose St.
    La Crosse, WI
    (608) 779 - 9763

    What a Girl Wants Consignment

    311 13th St. N
    La Crosse, WI
    (608) 519 - 2350

    Plato's Closet

    3133 Wisconsin 16
    La Crosse, WI
    (608) 782 - 6822

    Past & Present Consignment

    1507 Caledonia St.
    La Crosse, WI
    (608) 782 - 0747

    Funky Junk N' More

    2113 Ward Ave.
    La Crosse, WI
    (608) 406 - 4949

    Rummage Around

    4341 Mormon Coulee Rd.
    La Crosse, WI
    (608) 796 - 0611

    Sequel Resale Shop

    117 6th St. N
    La Crosse, WI
    (608) 519 - 0343

    Sara's Treasure Shop

    112 Main St.
    Hokah, MN
    (507) 894 - 4015
  • IMClogo
  •  

    We are proud supporters of

    Wellness wheelChicago 2014Maroon Platoon logoCashCourseLogoLifeSmartsLogoMoneySkillLogo

    Interesting Facts 

    If the money you spend in four years at a public college was a stack of pennies, it could reach more than 8.5 miles high, higher than most airplanes fly.


     84% of college students have a credit card.  50% of them have 4 or more.


    The average total debt for the Class of 2013 is $35,200.


    There the will be approximately $1,200,000,000,000 in circulation in 2013.


    $67,000,000,000 in student loans were in default in 2011.


     

    Like IMC!   Follow IMC!   Recommend IMC!

    Pin IMC!   Follow IMC! on tumblr   Email IMC!