If you have a student loan or are considering your options for a loan, this episode is for you. The hosts of Making Cents of Money discuss the latest updates of repayment plans and break down how the decisions you make now will impact your financial future. Show Notes: Federal Resources • U.S. Department of Education, Federal Student Aid. (n.d.). Federal Student Aid. StudentAid.gov. https://studentaid.gov • Equifax, Experian, & TransUnion. (n.d.). Annual Credit Report. AnnualCreditReport.com. https://www.annualcreditreport.com University of Illinois System Resources • University of Illinois System, University Bursar. (2025). Know what you owe. https://paymybill.uillinois.edu/student_loans/know_what_you_owe • University of Illinois System, Student Money Management Center. (n.d.). Student loans. https://www.studentmoney.uillinois.edu/learn/studentloans Prior Related Making Cents of Money Podcast Episodes • Federal Student Loan Forgiveness (ep. 48): https://blogs.uofi.uillinois.edu/view/7550/1805186696 • Paying for College with Scholarships (ep. 52): https://blogs.uofi.uillinois.edu/view/7550/19876420 • Return to Repayment Update (ep. 60): https://blogs.uofi.uillinois.edu/view/7550/2144507315 • Understanding FAFSA (ep. 72): https://blogs.uofi.uillinois.edu/view/7550/180972984 • Loan Payments Resumed in October (ep. 73): https://blogs.uofi.uillinois.edu/view/7550/1498217343 • April 30th Student Loan Deadline (ep. 81): https://blogs.uofi.uillinois.edu/view/7550/706826894 • Back to School: College and Credit (ep. 90): https://blogs.uofi.uillinois.edu/view/7550/1942070018 • PSLF Seekers in SAVE: Costs of Administrative Forbearance (ep. 92): https://blogs.uofi.uillinois.edu/view/7550/514139128 • On-Ramp to Repayment Ends 9/30 for Federal Loan Borrowers (ep. 93): https://blogs.uofi.uillinois.edu/view/7550/699654176 • Federal Student Loan Updates [Debt Collection Resumes] (ep. 110): https://blogs.uofi.uillinois.edu/view/7550/1101960728 • The Role of Loan Servicers (ep. 114): https://blogs.uofi.uillinois.edu/view/7550/681485881 Webinar Recording • Pellegrini, A., & Giancola-Shank, N. (2025, March 6). Student loan management #GetSavvy webinar recording [Video]. YouTube. https://youtu.be/_9duc7kvTqg?si=gZGRCFfSTAJ3HF6A Register for April 2026 Student Loan Repayment webinar at https://go.uillinois.edu/getsavvywebinars.

Tune in for an important episode of Making Cents of Money. IDFPR Secretary Mario Treto, Jr. joins the podcast to explain Why Regulation Matters. He breaks down the importance of recent regulatory initiatives that ensure consumers are protected and discusses how Illinois is leading the nation in instituting and enhancing these standards. It’s a can’t miss episode! Show Notes • Consumer Financial Protection Bureau. (2023). Annual report 2023. https://www.consumerfinance.gov/data-research/research-reports/consumer-response-annual-report-2023/ • Congressional Research Service. (2022). The 2007–2009 financial crisis. https://www.congress.gov/crs-product/R43413 • Brookings Institution. (2025). Series on financial markets and regulation. https://www.brookings.edu/tags/financial-markets-and-regulation/ • Illinois Department of Financial and Professional Regulation (IDFPR). (2021). Predatory Loan Prevention Act. https://idfpr.illinois.gov/content/dam/soi/en/web/idfpr/news/2021/2021-03-23-predatory-loan-prevention-and-cra.pdf • Illinois Department of Financial and Professional Regulation. (n.d.). The Illinois Community Reinvestment Act. https://idfpr.illinois.gov/il-cra.html

Ever dreamed of owning your own business? In this episode of Making Cents of Money, UIUC professor Mark Smith discusses Entrepreneurship Through Acquisition (ETA). Join us as we learn about the benefits of buying a business instead of starting it from scratch. Show Notes: Professor Smith's Instructor Profile: https://giesbusiness.illinois.edu/profile/mark-smith U of I's Entrepreneurship Through Acquisition class: https://giesbusiness.illinois.edu/news/2023/06/12/entrepreneurship-through-acquisition-gies-grad-puts-coursework-into-action Deibel, W. (2018). Buy then build. LionCrest Publishing. ISBN: 978-1-5445-0113-0. ISBN: 978-1-5445-0113-0 Ruback, R., & Yudkoff, R. (2017). HBR guide to buying a small business. Harvard Business Review Press. ISBN: 978-1-63369-250-3. Warrillow, J. (2010). Built to sell: Creating a business that can thrive without you. Penguin Group. ISBN: 978-1591845829. Recommended Podcasts: • Built to Sell with John Warrillow: https://builttosell.com/podcast/ • Let's Buy a Business with Ryan Condie: https://ryancondie.libsyn.com/

In the latest episode of Making Cents of Money, learn about the habits that can impact your financial decisions and how stress plays a role in spending. Show Notes: American Psychological Association. (2015, February 4). American Psychological Association survey shows money stress weighing on Americans’ health nationwide. Retrieved from https://www.apa.org/news/press/releases/2015/02/money-stress American Psychological Association. (2023). Stress in America 2023: A nation recovering from collective trauma. Retrieved from https://www.apa.org/news/press/releases/2023/03/stress-in-america Falconier, M. K., & Epstein, N. B. (2011). Couples experiencing financial strain: What we know and what we can do. Family Relations, 60(3), 303–317. Gelman, A., & Kliger, D. (2021). Effect of time-induced stress on financial decision making in real markets. PloS One, 16(11), e0123740. Heo, W., Cho, S. H., & Lee, P. (2020). APR Financial Stress Scale: Development and validation of a multidimensional measurement. Journal of Financial Therapy, 11(1), 2. https://newprairiepress.org/jft/vol11/iss1/2/ Lazarus, R. S., & Folkman, S. (1984). Stress, appraisal, and coping. Springer Publishing Company. Narayan, A. (2024). The impact of financial stress on workplace harassment and discrimination. Management Science, 70(4), 2447–2458. Ong, A. D., Sturgeon, J. A., Arewasikporn, A., Okun, M. A., Davis, M. C., & Zautra, A. J. (2015). The psychosocial context of financial stress: Implications for inflammation and psychological health. Psychosomatic Medicine, 77(2), 187–194. Porcelli, A. J., & Delgado, M. R. (2009). Acute stress modulates risk taking in financial decision making. Psychological Science, 20(3), 278–285. Shafir, E., Mullainathan, S., & Shafir, E. (2013). Scarcity: Why having too little means so much. Times Books. Van Boven, L., & Gilovich, T. (2003). To do or to have? That is the question. Journal of Personality and Social Psychology, 85(6), 1193–1202. Wilke, J., & Boden, J. M. (2021). Financial scarcity and financial avoidance: A prospective study. Journal of Economic Psychology, 87, 102408. Mental Health Crisis Resources: Illinois Department of Central Management Services’ Crisis Resources: https://cms.illinois.gov/benefits/stateemployee/bewell/mental-health/crisis.html Relevant Podcast Episodes: • Money in Relationships: https://soundcloud.com/idfpr/money-and-relationships • Financial Socialization: https://soundcloud.com/idfpr/episode-99-financial-socialization • Investing: https://soundcloud.com/idfpr/episode-57-investing-to-reach-financial-goals • Budgeting: https://soundcloud.com/idfpr/mcom-ep20-budgeting-final • Probably Inflation: https://soundcloud.com/idfpr/episode-30-inflation

If you have a loan, then the latest episode of Making Cents of Money is for you! Learn how loan servicers play a key role in borrowers’ financial lives and more! Show Notes: Government and Agency Reports: • Consumer Financial Protection Bureau. (2024, Apr 3). What happens if my loan servicer changes? Retrieved from https://www.consumerfinance.gov/ask-cfpb/what-happens-if-the-company-that-i-send-my-mortgage-payments-to-changes-en-215/ • U.S. Department of Education. (2023). Loan servicing information. Retrieved from https://studentaid.gov Laws and Regulations: • Real Estate Settlement Procedures Act (RESPA), 12 U.S.C. §§ 2601-2617. • Consumer Financial Protection Bureau. (n.d.). Real Estate Settlement Procedures Act (RESPA). Retrieved from https://www.consumerfinance.gov/compliance/compliance-resources/mortgage-resources/real-estate-settlement-procedures-act/ • Truth in Lending Act (TILA), 15 U.S.C. §§ 1601-1667f. • Consumer Financial Protection Bureau. (n.d.). 12 CFR Part 1026 – Truth in Lending (Regulation Z). Retrieved from https://www.consumerfinance.gov/rules-policy/regulations/1026/ Web Resources: • Federal Trade Commission. (n.d.). Your rights when paying your mortgage. Retrieved from https://consumer.ftc.gov/articles/your-rights-when-paying-your-mortgage • Federal Housing Finance Agency. (n.d.). About Fannie Mae & Freddie Mac. Retrieved from https://www.fhfa.gov/about/fannie-mae-freddie-mac Student Loans: • Federal Student Aid. (n.d.). Who’s my student loan servicer? Retrieved from https://studentaid.gov/manage-loans/repayment/servicers • University of Illinois System Student Money Management Center (n.d.). Student loans. Retrieved from https://www.studentmoney.uillinois.edu/learn/studentloans • Student Loan Management #GetSavvy webinar recording on YouTube: https://youtu.be/_9duc7kvTqg?feature=shared

Show Notes: Tackling Tariffs [Part 1] is on: • SoundCloud: https://soundcloud.com/idfpr/episode-112-tackling-tariffs?utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing • Apple Podcasts: https://podcasts.apple.com/us/podcast/episode-112-tackling-tariffs/id1529891389?i=1000714518950 • Spotify: https://open.spotify.com/episode/3BPCDJ414vYhaU61eo9PCr?si=5kVkY_XfSPe7qDPOMq0TAw News Articles and Analysis • Bowman, E. (2025, April 5). How automakers are responding to the 25% car tariffs so far. NPR. https://www.npr.org/2025/04/05/nx-s1-5353461/automakers-tariffs-reactions • Cameron, H. (2025, April). Tariffs will cost each household nearly $5,000 a year: Report. Newsweek. https://www.newsweek.com/trump-tariffs-costing-households-5k-per-year-2061025 • Hall, K. (2025, April 10). Study finds Trump's 25% auto tariffs could cost US automakers $108 billion. Reuters. https://www.reuters.com/business/autos-transportation/study-finds-trumps-25-auto-tariffs-could-cost-us-automakers-108-billion-2025-04-10/ • Kelly, M. L. (2025, May 1). Ford CEO Jim Farley talks Trump tariffs's effect on car industry. NPR https://www.npr.org/2025/05/01/1248444368/ford-ceo-talks-trump-automobile-tariffs • Leswing, K. (2025, April 4). Nintendo delays Switch 2 preorders because of Trump tariffs. CNBC. https://www.cnbc.com/2025/04/04/nintendo-delays-switch-2-pre-orders-because-of-trump-tariffs-.html • Wayland, M. (2025, April 30). Ford CEO says Trump's tariff reprieve is helpful, but more changes needed. CNBC. https://www.cnbc.com/2025/04/30/ford-ceo-says-trumps-tariff-changes-are-helpful-but-still-not-enough.html

On the latest episode of Making Cents of Money, join economist Chasse Rehwinkel as he discusses tariffs’ impact on our history and how we can brace for the impacts of changing tariff policies in the present and future Show Notes Previous episodes with Chasse Rehwinkel: • Ep. 79, What Happens When a Bank Fails?: https://blogs.uofi.uillinois.edu/view/7550/1732000561 • Ep. 47, Community Reinvestment Act: https://blogs.uofi.uillinois.edu/view/7550/793516993 • Ep. 14, Short-selling: https://blogs.uofi.uillinois.edu/view/7550/433822269 • Ep. 2, Banked or Unbanked – Choosing Financial Services for You: https://blogs.uofi.uillinois.edu/view/7550/465787932 Recent Data and Reports • Budget Lab at Yale University. (2025, April 15). State of U.S. Tariffs: April 15, 2025. https://budgetlab.yale.edu/research/state-us-tariffs-april-15-2025 • Budget Lab at Yale University. (2025, April). Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2. https://budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april • Deloitte Insights. (2025, April). US tariffs impact economy. https://www2.deloitte.com/us/en/insights/economy/spotlight/united-states-tariffs-impact-economy.html • Tax Foundation. (2025, April). Trump Tariffs: The Economic Impact of the Trump Trade War. https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/ News Articles and Analysis • Cameron, H. (2025, April). 'Shark Tank' inventor tests whether people will pay more for "made in USA". Newsweek. https://www.newsweek.com/shark-tank-inventor-american-made-tariff-experiment-2064087 • LaRocco, L.A. (2025, April 12). Trump tariffs won't lead supply chains back to U.S., companies will go low-tariff globe-hopping: CNBC survey. CNBC. https://www.cnbc.com/2025/04/14/tariffs-wont-bring-manufacturing-back-to-us-supply-chain-survey.html Historical Context and Academic References • Duster, C. (2025, March 6). Did tariffs contribute to the Great Depression? Here's what to know. NPR. https://www.npr.org/2025/03/06/nx-s1-5318076/tariffs-great-depression-explainer • National Association of Manufacturers. (2025, April). Tariffs: 1930 Versus 2025. https://nam.org/tariffs-1930-versus-2015-33709/ • U.S. Department of State, Office of the Historian. (n.d.). Protectionism in the Interwar Period. https://history.state.gov/milestones/1921-1936/protectionism • U.S. Senate (n.d.). The senate passes the Smoot-Hawley tariff. https://www.senate.gov/artandhistory/history/minute/Senate_Passes_Smoot_Hawley_Tariff.htm Government Documents • White House. (2025, April). Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits. https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/ • White House. (2025, April). Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security. https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/

Happy May 29 – also known as 529 Day, which celebrates 529 college savings programs! We partner with the Office of the Illinois State Treasurer to highlight the two nationally acclaimed 529 programs they manage: Bright Start and Bright Directions. Learn more about both in our latest episode of Making Cents of Money! Government Resources & Tax Information •Internal Revenue Service. (2025). About Publication 970: Tax benefits for education. https://www.irs.gov/forms-pubs/about-publication-970 •Internal Revenue Service. (2024). 529 plans: Questions and answers. https://www.irs.gov/newsroom/529-plans-questions-and-answers •Internal Revenue Service. (2025). American opportunity tax credit. https://www.irs.gov/credits-deductions/individuals/aotc •Internal Revenue Service. (2025). Lifetime learning credit. https://www.irs.gov/credits-deductions/individuals/llc College Cost Planning Tools •College Board. (2024). Big Future: How much will college cost. https://bigfuture.collegeboard.org/pay-for-college/get-started •College Board. (2024). Trends in college pricing and student aid 2024. https://research.collegeboard.org/trends/college-pricing •U.S. News & World Report. (2024). Net price calculator guide. https://www.usnews.com/education/best-colleges/features/net-price-calculator •University of Illinois System Net Price Calculators oUniversity of Illinois Chicago. https://docs.financialaid.uic.edu/ oUniversity of Illinois Springfield. https://www.uis.edu/financial-aid/cost-attendance/net-price-calculator oUniversity of Illinois Urbana-Champaign. https://secure.osfa.illinois.edu/NPC/NPC.asp Research & Data •Sallie Mae. (2024). How America pays for college 2024. https://www.salliemae.com/about/leading-research/how-america-pays-for-college/ •U.S. Census Bureau. (2024). Post-secondary employment outcomes (PSEO) database. https://lehd.ces.census.gov/applications/pseo/?type=earnings&compare=postgrad&specificity=2&state=08&institution=08°reelevel=05&gradcohort=0000-3&filter=75&program=52 Illinois 529 Plan Information •Bright Start college savings program. https://www.brightstart.com •Bright Directions college savings program. https://www.brightdirections.com •Flywire partners with Ascensus to digitize 529 college savings plan payments. https://ir.flywire.com/news-releases/news-release-details/flywire-partners-ascensus-digitize-529-college-savings-plan Video Resources •Get Savvy Series: Investing 101 - Wealth building basics. https://youtu.be/wXkrLQd10Yg?si=pYVOYL6_OU6KJJvV •Get Savvy Series: Investing 102 - Risks & rewards. https://youtu.be/qXZrktJwOtQ?si=LddQF-R9ycxYAK-Z U of I SMMC Blog Articles •Mutual funds vs exchange traded funds. https://blogs.uofi.uillinois.edu/view/7550/1323172623 •How the Rule of 72 can help you build wealth—or sink deeper into debt. https://blogs.uofi.uillinois.edu/view/7550/446933598 Relevant Previous Episodes •Saving for College with a 529 Savings Plan (Ep. 11) https://blogs.uofi.uillinois.edu/view/7550/2145536872 •Choosing a financial professional (Ep. 25) https://blogs.uofi.uillinois.edu/view/7550/518681996 •Investing to reach financial goals (Ep. 57) https://blogs.uofi.uillinois.edu/view/7550/1002945600 •World investor week (Ep. 71). https://blogs.uofi.uillinois.edu/view/7550/1405333500

This month, the federal government began taking action against student loan borrowers with accounts in default. In this episode of Making Cents of Money, learn what that means for borrowers and what options might be available. Show Notes: Cunningham, M. (2025, May 5). Student loan collections resume as record number of borrowers fall behind. CBS News. https://www.cbsnews.com/news/defaulted-loans-restart-collection-delinquency-may-5/ Dunbar, M. (2025, May 6). US student loan collections resume: Here's what you need to know. The Guardian. https://www.theguardian.com/us-news/2025/may/06/us-student-loan-collections-explainer Federal Student Aid. (n.d.). Rehabilitated loan. U.S. Department of Education. https://studentaid.gov/help-center/answers/article/loan-rehabilitation Federal Student Aid. (n.d.). What is the difference between student loan delinquency and default? U.S. Department of Education. https://studentaid.gov/help-center/answers/article/what-is-difference-between-loan-delinquency-and-default Hanson, M. (2025, March 16). Student loan debt statistics [2025]. Education Data Initiative. https://educationdata.org/student-loan-debt-statistics Kim, J. (2024, September 30). Deadline for Fresh Start defaulted student loans program gets extended. NPR. https://www.npr.org/2024/09/30/nx-s1-5133296/student-loan-default-fresh-start-explainer Prater, N. (2025, May 6). Trump administration gets aggressive on student-debt collection. New York Magazine. https://nymag.com/intelligencer/article/trump-admin-gets-aggressive-on-student-debt-collection.html Reyes, Y., & Lalljee, J. (2025, May 7). What Floridians should know as student loan penalty pause ends. Axios Tampa Bay. https://www.axios.com/local/tampa-bay/2025/05/07/floridian-student-loan-penalty-pause-ends Student Loan Borrower Assistance. (2024, September 20). Fresh Start ends Sept. 30: What borrowers need to know. https://studentloanborrowerassistance.org/fresh-start-ends-sept-30-what-borrowers-need-to-know/ TransUnion. (2025, May 5). As federal collections activity resumes, more than one in five student loan borrowers are 90+ days delinquent. https://newsroom.transunion.com/may-2025-student-loan-update/ U.S. Department of Education. (2025, April 21). U.S. Department of Education to begin federal student loan collections and other actions to help borrowers get back into repayment. https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment

Looking for a new job? In our latest episode of Making Cents of Money, Kwabena Sarfo Adjei - one of Andrea’s colleagues at the University of Illinois Student Money Management Center – discusses how scammers target people searching for a job and how you can avoid becoming a victim. Show Notes University of Illinois System Student Money Management Center blog article supplementing this episode: Adjei, K. S. (2025, February 25). Job search due diligence in the U.S. – Avoiding job scams. SMMC News & Events Blog. University of Illinois System. https://blogs.uofi.uillinois.edu/view/7550/1086755488 • Federal Trade Commission. (n.d.). Job scams explained. Consumer.gov. Overview of how job scams work, common tactics scammers use, and ways to protect yourself when job hunting. https://consumer.gov/scams-identity-theft/job-scams-explained • Federal Trade Commission. (n.d.). Job scams. Consumer.ftc.gov. Detailed examples of job scams and what to do if you encounter one, including red flags and reporting resources. https://consumer.ftc.gov/articles/job-scams#examples • Federal Trade Commission. (n.d.). If you were scammed. Consumer.gov. Step-by-step instructions on what to do if you’ve been scammed, how to report it, and how to start recovering. https://consumer.gov/scams • Federal Bureau of Investigation. (n.d.). Common frauds and scams. FBI.gov. A broad overview of scams reported to the FBI, including employment scams, with advice on prevention and reporting. https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-frauds-and-scams • Illinois Department of Financial and Professional Regulation. (n.d.). License lookup. IDFPR. A tool for verifying whether a job recruiter, employment agency, or financial services professional is properly licensed in the state of Illinois — helpful for confirming the legitimacy of job offers or financial opportunities. https://idfpr.illinois.gov/checklicense.html • Palmquist, K. (2025, January 28). 17 common job scams and how to protect yourself. Indeed Career Guide. A practical guide listing 17 types of job scams with tips on how to identify them and avoid falling victim. https://www.indeed.com/career-advice/finding-a-job/job-scams • U.S. General Services Administration. (n.d.). Learn where to report a scam. USA.gov. Official government guide on where and how to report various types of scams, including job scams, at the federal and local levels. https://www.usa.gov/where-report-scams

Concerned about filing your taxes by the April 15th deadline? In this micro-episode of Making Cents of Money, we walk you through the process of filing for an extension and offer some helpful reminders about tax liabilities in general. Show notes: Extension for Filing: IRS Form 4868: https://www.irs.gov/forms-pubs/about-form-4868 Illinois Tax Extension Information: https://tax.illinois.gov/individuals/filingrequirements/extension.html Making Cents of Money, Episode 99, Financial Socialization: https://soundcloud.com/idfpr/episode-99-financial-socialization?utm_source=clipboard&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fidfpr%252Fepisode-99-financial-socialization Get Savvy: Grow Your Green Stuff, Tackling Tax Basics: https://www.youtube.com/watch?v=r5kBeRHplTY

April is #NationalFinancialCapabilityMonth and Making Cents of Money is celebrating with an episode that covers a variety of financial topics that reference favorite throwback episodes. Ready for a challenge this month? Tune in to learn more. Show Notes: Resources Mentioned in the Episode Based on Topic Goal-setting & Budgets • Episode 101: New Year, New Financial Resolutions https://blogs.uofi.uillinois.edu/view/7550/1657573873 • Episode 75: Setting & Prioritizing Financial Goals https://blogs.uofi.uillinois.edu/view/7550/1854370435 • Episode 20: Budgeting https://blogs.uofi.uillinois.edu/view/7550/804394514 • Get Savvy Webinar: Budget Hacks on YouTube https://youtu.be/X2p09ddcB4Q?si=B8pHNJK8cSIuI9B6 Credit • Episode 90: Back to School: College and Credit https://blogs.uofi.uillinois.edu/view/7550/1942070018 • Episode 74: Credit Reports Update https://blogs.uofi.uillinois.edu/view/7550/1222872163 • Episode 70: The Impact of Compound Interest https://blogs.uofi.uillinois.edu/view/7550/650946740 • Episode 67: What is a Credit Report Anyway? https://blogs.uofi.uillinois.edu/view/7550/171138189 • Get Savvy Webinar: Mastering the Consumer Credit Game https://youtu.be/Q0W7qMUFRbA?si=Do1CmkcNeus_pXQD Dealing with & Preparing for Emergencies • Episode 49: Dealing with Emergencies https://blogs.uofi.uillinois.edu/view/7550/1663281326 • Episode 26: Emergency Funds https://blogs.uofi.uillinois.edu/view/7550/1471084251 Financial Well-being & Financial Education Resources • Episode 88: Financial Wellness Concepts https://blogs.uofi.uillinois.edu/view/7550/970920991 • Episode 82: Free Financial Education Resources for Illinois Residents https://blogs.uofi.uillinois.edu/view/7550/419696181 Retirement & Investing • Episode 91: Retirement Savings in Illinois https://blogs.uofi.uillinois.edu/view/7550/92656678 • Episode 55: Wealth Building as a Balancing Act https://blogs.uofi.uillinois.edu/view/7550/1517205319 • Get Savvy Webinars: Investing 101 – https://youtu.be/wXkrLQd10Yg?si=pYVOYL6_OU6KJJvV Investing 102 – https://youtu.be/qXZrktJwOtQ?si=LddQF-R9ycxYAK-Z

Managing money isn’t one-size-fits-all—especially for neurodivergent individuals. In this episode of Making Cents of Money, we explore how ADHD, autism, dyslexia, and executive functioning challenges impact personal finance. Show Notes: • Illinois Assistive Technology Program: https://iltech.org/ • Illinois ABLE Program: https://illinoisable.com/ • ADA National Network. n.d. “What is the definition of disability under ADA?” https://adata.org/faq/what-definition-disability-under-ada. • Altszuler, A. R., T. F. Page, E. M. Gnagy, S. Coxe, A. Arrieta, B. S. Molina, and W. E. Pelham Jr. 2016. “Financial Dependence of Young Adults with Childhood ADHD.” Journal of Abnormal Child Psychology 44 (6): 1217–1229. https://doi.org/10.1007/s10802-015-0093-9. • American Psychological Association. n.d. “Speaking of Psychology: The Stress of Money.” American Psychological Association. www.apa.org/research/action/speaking-of-psychology/financial-stress. • Komarow, A. 2020. “Neurodiversity and Finances: Planning for the Future When You Think Differently.” Different Brains. www.differentbrains.org/neurodiversity-finances-planning-for-the-future-when-you-think-differently/. • How Being Neurodiverse Affects Your Relationship With Money, Duke University Career Hub: https://careerhub.students.duke.edu/blog/2025/01/03/how-being-neurodiverse-affects-your-relationship-with-money/ • An Inclusive Approach to how Financial Institutions Might Design Financial Information for Neurodiversity Accessibility: https://openresearch.ocadu.ca/id/eprint/4020/1/Copeland_Jocelyne_Mbaziira_Isaac_2023_MDES_SFI.pdf • Financial Literacy Among Autistic Adults, The Journal of Consumer Affairs: https://onlinelibrary.wiley.com/doi/full/10.1111/joca.12564 • Inclusive Financial Well-being Empowerment Model for Serving Independent, Neurodivergent Individuals: www.financialplanningassociation.org/article/journal/NOV21-inclusive-financial-well-being-empowerment-model-serving-independent-neurodivergent Centers for Disease Control and Prevention. (2024, May 16). Data and statistics on autism spectrum disorder. U.S. Department of Health & Human Services. Retrieved from https://www.cdc.gov/autism/data-research/index.html FT Adviser. (2024, May 9). Understanding the financial challenges faced by neurodivergent people. Retrieved from https://www.ftadviser.com/investments/2024/05/09/understanding-the-financial-challenges-faced-by-neurodivergent-people/ National Disability Institute. (n.d.). National Disability Institute and the Association for Financial Counseling and Planning Education® launch Financial Inclusion Essentials. Retrieved from https://www.nationaldisabilityinstitute.org/press/national-disability-institute-and-the-association-for-financial-counseling-and-planning-education-launch-financial-inclusion-essentials-2/ Shattuck, P., Narendorf, S., Cooper, B., Sterzing, P., Wagner, M., & Taylor, J. (2012). Postsecondary education and employment among youth with an autism spectrum disorder. Pediatrics, 129(6), 1042-1049. https://doi.org/10.1542/peds.2011-2864. Retrieved from https://www.researchgate.net/publication/224958489_Postsecondary_Education_and_Employment_Among_Youth_With_an_Autism_Spectrum_Disorder

Ever wondered why it can be so difficult to change your financial habits? In this episode of Making Cents of Money, join our hosts and special guest, Emily Harmon, Illinois Extension Family Life Educator, as they delve into the Transtheoretical Model to help explain why behavior change relating to finances can be challenging. Show Notes Links: Ep. 23, Money Personalities & Financial Well-being: https://blogs.uofi.uillinois.edu/view/7550/303401558 Illinois Extension. All My Money, What’s Important to Me? Activity. https://extension.illinois.edu/sites/default/files/all_my_money_values_activity.pdf Money Harmony Personalities Quiz by Olivia Mellan: https://moneyharmony.com/moneyharmony-quiz/ Klontz Money Scripts Inventory (KMSI-R): https://www.bradklontz.com/moneyscriptstest Publications on the Klontz Money Scripts Inventory: Klontz, B., Britt, S. L., Mentzer, J., & Klontz, T. (2011). Money beliefs and financial behaviors: Development of the Klontz Money Script Inventory. Journal of Financial Therapy, 2(1), 1. Klontz, B., Britt, S. L., Archuleta, K. L., & Klontz, T. (2012). Disordered money behaviors: Development of the Klontz money behavior inventory. Journal of Financial Therapy, 3(1), 2. Taylor, C. D., Klontz, B., & Britt, S. L. (2016). Reliability and convergent validity of the Klontz Money Script Inventory-revised (KMSI-R). Journal of Financial therapy, 6(2), 2.

Making Cents of Money: Episode 99 – Financial Socialization: https://soundcloud.com/idfpr/episode-99-financial-socialization?utm_source=clipboard&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fidfpr%252Fepisode-99-financial-socialization Making Cents of Money: Episode 94 – Cost of Living: https://soundcloud.com/idfpr/episode-94-cost-of-living?utm_source=clipboard&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fidfpr%252Fepisode-94-cost-of-living Klontz Money Scripts Quiz: https://www.bradklontz.com/moneyscriptstest Get Saavy Webinar: Budget Hacks: https://www.youtube.com/watch?v=X2p09ddcB4Q FTC Fraud Report: https://reportfraud.ftc.gov FBI Internet Crime Complaint Center: https://www.ic3.gov Christy, K., Welter, T., Dundon, K., Valandra, & Bruce, A. (2022). Economic Abuse: A Subtle but Common Form of Power and Control. Journal of Interpersonal Violence, 37(1–2), NP473–NP499. https://doi.org/10.1177/0886260520916264 Eickmeyer, K. J., Manning, W. D., Longmore, M. A., & Giordano, P. C. (2023). Exploring the Married-Cohabiting Income Pooling Gap Among Young Adults. Journal of Family and Economic Issues, 44(4), 990–1006. https://doi.org/10.1007/s10834-023-09885-0 Granados, W. (2025, January 28). NRF survey: Valentine’s day spending reaches record $27.5 billion. NRF National Retail Federation. https://nrf.com/media-center/press-releases/nrf-survey-valentine-s-day-spending-reaches-record-27-5-billion Klontz, B., Britt, S. L., Mentzer, J., & Klontz, T. (2011). Money Beliefs and Financial Behaviors: Development of the Klontz Money Script Inventory. Journal of Financial Therapy, 2(1). https://doi.org/10.4148/jft.v2i1.451 Koochel, E. E., Markham, M. S., Crawford, D. W., & Archuleta, K. L. (2020). Financial Transparency Scale: Its Development and Potential Uses. Journal of Financial Counseling and Planning, 31(1), 14–27. https://doi.org/10.1891/JFCP-18-00009 Li, X., Khan, M. A., Xiao, J. J., & Kong, D. (2024). Actions for solutions: Financial behaviors, power (im)balance, and economic abuse among Chinese young adults in non-marital cohabitation. Journal of Social and Personal Relationships, 41(6), 1554–1576. https://doi.org/10.1177/02654075241227125 Olson, J. G., & Rick, S. I. (2023). Subjective Knowledge Differences within Couples Predict Influence over Shared Financial Decisions. Journal of the Association for Consumer Research, 8(4), 378–389. https://doi.org/10.1086/726430 Romo, L. K. (2015). An Examination of How People in Romantic Relationships Use Communication to Manage Financial Uncertainty. Journal of Applied Communication Research, 43(3), 315–335. https://doi.org/10.1080/00909882.2015.1052831 Romo, L. K., & Abetz, J. S. (2016). Money as Relational Struggle: Communicatively Negotiating Cultural Discourses in Romantic Relationships. Communication Studies, 67(1), 94–110. https://doi.org/10.1080/10510974.2015.1121158 Totenhagen, C. J., Wilmarth, M. J., Serido, J., Curran, M. A., & Shim, S. (2019). Pathways from Financial Knowledge to Relationship Satisfaction: The Roles of Financial Behaviors, Perceived Shared Financial Values with the Romantic Partner, and Debt. Journal of Family and Economic Issues, 40(3), 423–437. https://doi.org/10.1007/s10834-019-09611-9

Making Cents of Money discusses the economics of the cannabis in Illinois with Vaughn Bentley, the Deputy Director of Cannabis Control at IDFPR. Tune in to learn more about the impact this industry (the first nationally to prioritize social equity) has in our state. Show Notes: Illinois Cannabis Regulation Oversight Office. (2024). Annual cannabis regulation report. Springfield, IL: State of Illinois. https://cannabis.illinois.gov/content/dam/soi/en/web/cannabis/documents/media/reports-and-public-presentations/Compiled%20Cannabis%20Annual%20Report%202024%20(1).pdf Illinois Department of Agriculture. (2023). Cannabis regulation and tax act. Administrative rules for adult use cannabis. https://www.ilga.gov/legislation/ilcs/ilcs4.asp?DocName=041007050HArt.15&ActID=3992&ChapterID=35&SeqStart=3000000&SeqEnd=6400000 UIC Entrepreneurial Support Program: https://business.uic.edu/academics-research/research-2/centers/uic-entrepreneurial-support-program/. Making Cents of Money Ep. 50: Becoming an Entrepreneur! https://blogs.uofi.uillinois.edu/view/7550/1409980922

Making Cents of Money is proud to partner with the Office of the State Treasurer in its latest episode. Treasurer Michael Frerichs shared that 1 in 4 Illinoisans have unclaimed property waiting for them. Want to learn more? Tune in to learn more: link to podcast. Show Notes: Making Cents of Money: Ep. 11 – Saving for College with a 529 Savings Plan https://blogs.uofi.uillinois.edu/view/7550/2145536872 *I-Cash website: https://icash.illinoistreasurer.gov/

Are you looking to start fresh financially this new year? Join the hosts of Making Cents of Money as they kick off 2025 with a special episode – New Year, New Financial Resolutions. Show Notes: • Charles Schwab, New Years Financial Resolutions: https://www.schwab.com/learn/story/new-years-financial-resolutions-get-your-finances-in-shape • CNBC: Financial New Years Resolutions: https://www.cnbc.com/select/financial-new-years-resolutions/ • Motley Fool Money: https://www.fool.com/money/research/financial-new-years-resolutions/ • Consumer Financial Protection Bureau: An essential guide to building an emergency fund: https://www.consumerfinance.gov/an-essential-guide-to-building-an-emergency-fund/ • PowerPay: https://extension.usu.edu/powerpay/ • Making Cents of Money episodes about establishing credit: https://soundcloud.com/idfpr/sets/establishing-managing-credit • Episode 80: Building Wealth After Graduation: https://soundcloud.com/idfpr/episode-80-building-wealth-after-graduation • Episode 55: Making Cents of Money: Wealth Building as a Balancing Act: https://soundcloud.com/idfpr/episode-55-wealth-building-as-a-balancing-act?utm_source=clipboard&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fidfpr%252Fepisode-55-wealth-building-as-a-balancing-act • Episode 49: Making Cents of Money: Dealing with Emergencies: https://soundcloud.com/idfpr/episode-49-dealing-with-emergencies?utm_source=clipboard&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fidfpr%252Fepisode-49-dealing-with-emergencies • Budget Hacks webinar: https://www.youtube.com/watch?feature=shared&v=X2p09ddcB4Q • Experian: Debt Snowball vs. Debt Avalanche: https://www.experian.com/blogs/ask-experian/avalanche-vs-snowball-which-repayment-strategy-is-best/#:~:text=For%20the%20most%20part%2C%20the,money%20in%20interest%20over%20time.

Making Cents of Money reaches a major milestone in releasing its 100th episode! Join all the co-hosts (past and present) as they reunite to celebrate this achievement, reflect on their favorite episodes, and discuss how the show has evolved through the years. SHOW NOTES: Episode 86: The Illinois Community Reinvestment Act: https://soundcloud.com/idfpr/episode-86-the-illinois-community-reinvestment-act?si=da23db5a5eb54864ac46902a6ef22457&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 85: The Federal Community Reinvestment Act: https://soundcloud.com/idfpr/episode-85-the-federal-community-reinvestment-act-cra?si=f53b327f41df4d66a308ab44949fb4f9&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 78: Is Crypto the Wild West?: https://soundcloud.com/idfpr/episode-78-is-crypto-the-wild-west?si=2f70e3f31d1c44659977d0da1a5e7a30&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 54: Financial Resolutions!: https://soundcloud.com/idfpr/episode-54-financial-resolutions?si=585e0e5ced134bce868e116e3fc4740b&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 47: The Community Reinvestment Act: https://soundcloud.com/idfpr/episode-47-the-community-reinvestment-act?si=ca8fe23d82f54daf8d0234c7f5c596f8&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 27: Student Loan Update: https://soundcloud.com/idfpr/episode-27-student-loan-update?si=6b2eb7d9b261485a83d6713fd3fbf3a0&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 24: Cryptocurrency: https://soundcloud.com/idfpr/mcom-ep24-cryptocurrencyfinal?si=bf3802ea62564039a4e271184589ef6f&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 15: Credit: https://soundcloud.com/idfpr/episode-15-credit?si=7b887916e593400191676b78a514bae5&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 13: Investing Basics: https://soundcloud.com/idfpr/episode-13-investing-basics?si=ba6bbf0d5d1643bd81c19f9502dec3c6&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Episode 11: Saving for College with a 529 Savings Plan: https://soundcloud.com/idfpr/episode-11-saving-for-college-with-529-savings-plans?si=021504277e61467f9aa42c84f754cb4a&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing

Show Notes: • Hasler, A., & Lusardi, A. (2019). The gender gap in financial literacy: A global perspective. Global Financial Literacy Excellence Center. https://gflec.org • Jorgensen, B. L., & Savla, J. (2010). Financial literacy of young adults: The importance of parental socialization. Family Relations, 59(4), 465–478. https://doi.org/10.1111/j.1741-3729.2010.00616.x • Kim, J., Gutter, M. S., & Spangler, T. (2020). Extended family financial socialization and financial behavior in adulthood. Journal of Family and Economic Issues, 41(3), 497-510. https://doi.org/10.1007/s10834-020-09674-3 • Klontz, B., Britt, S. L., Archuleta, K. L., & Klontz, T. (2011). Mind over money: Overcoming the money disorders that threaten our financial health. Broadway Books. • Mellan, O. (2014). Money harmony: Resolving money conflicts in your life and relationships. Walker and Company. • Shim, S., Barber, B. L., Card, N. A., Xiao, J. J., & Serido, J. (2021). Financial socialization: A model of family pathways to financial well-being. Journal of Youth and Adolescence, 50(4), 788-806. https://doi.org/10.1007/s10964-020-01272-0 • Tang, N., & Baker, A. (2016). Self-esteem, financial knowledge and financial behavior. Journal of Economic Psychology, 54, 164-176. https://doi.org/10.1016/j.joep.2016.04.005 • The Psychology of Financial Planning Podcast: https://www.psychologyoffinancialplanning.com/podcast • Making Cents of Money Episode 70: The Impact of Compound Interest: https://soundcloud.com/idfpr/episode-70-the-impact-of-compound-interest?utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing • Klontz Money Scripts Test: https://www.bradklontz.com/moneyscriptstest • Dr. Brad Klontz on YouTube: https://www.youtube.com/c/drbradklontz • Money Habitudes: https://www.moneyhabitudes.com/ • Money Personality Quiz by Olivia Mellan via the California Courts’ Families Change website: https://fas.familieschange.ca.gov/en/course/27-activity-money-personality-quiz