Do something today that your future self will thank you for!
Personal finance is an important and central part of reducing stress in your life. Additionally, more and more employers expect Harvard Law School students to have better financial skills, including personal financial management. Whether you receive financial aid or not, we encourage you to check out this page!
Through the use of articles, podcasts, videos, and learning modules, find the tools you need to make informed financial decisions and set goals for your financial future.
We are excited to announce that we have partnered with AccessLex Institute, the largest nonprofit organization in the country focusing on access, affordability and the value of legal education, to bring you MAX by AccessLex, an innovative personal finance program created exclusively for law students. Available at no cost to you, MAX drives the knowledge gain and behavior change that is essential to improving your financial well-being.
To provide a comprehensive personal finance education, the MAX program:
- Teaches personal finance in a way that leverages the skills law school attracts and fosters;
- Takes a multi-format approach – including interactive online lessons, webinars, in-person workshops and one-on-one counseling – that lets you define your own path;
- Delivers information in quick and easy to understand components to fit into your demanding schedule; and
- Offers scholarship incentives to motivate you to stay on task and on schedule – AccessLex will award over $330,000 through MAX Scholarship drawings during the 2019-2020 academic year!
To get started, go to AccessLex.org/MAXonline. Your name, email address, school and class year are all you need to log-in to the program, personalize your experience and track your progress. No other personal information is required, and all information remains confidential.
MANAGING YOUR MONEY DURING THE COVID-19 PANDEMIC WEBINAR
September 8, 2020 – 6:00 P.M. ET
The recent events surrounding the COVID-19 pandemic and its impact on daily life have been a harsh reminder of our financial fragility – both societally and individually. During these times of rising uncertainty, it is crucial to focus on what’s within our control and take proactive steps towards stabilization and recovery. In this free webinar, we will walk you through four steps of navigating a financial crisis. Topics include organizing financial accounts and debt, bridging unemployment and income uncertainty, how to re-prioritize monthly cashflow while pausing certain goals, and constructing credible support systems. Expanded student loan relief measures from the CARES Act and options for what to do with your stimulus check will also be discussed.
To register, click here!
Webinar: The Psychology of Financial Decision-Making
September 17, 2020 – 12:00 P.M. ET
Everyone approaches money matters differently. Knowing not only how you handle your finances, but why, can hold the key to achieving your financial goals. This workshop focuses on identifying your individual strengths and weaknesses, and will prepare you to balance emotion and logic when making personal finance decisions.
To participate in a webinar version of this event, choose the date that works for you, click Enroll, then click on the “Join” button to get officially registered on WebEx.
- Location: Zoom
- Instructor: Jacquie Carroll, Ed.D., AFC®
Foundations of Investing 3 part Series: 1 hour each
Setting Investing Goals (Foundations of Investing Part 1)
October 15, 2020 – 8:00 P.M. ET
Investing is a powerful tool for reaching long-term goals, such as retirement, making big purchases, or leaving a legacy for your family or through charity. Learn how to develop your own vision for your financial future, and how to create specific, measurable and realistic investing goals to get you there. Topics covered include the power of compound interest, the time value of money and a demo of the SMART Investing Calculator.
Evaluating Investment Options (Foundations of Investing Part 2 )
October 22, 2020 – 8:00 P.M. ET
Stocks, bonds and mutual funds are common investments used to create a diverse portfolio. Ever wonder how they work or how most investors utilize them? In this session, you will learn about the importance of diversification in your strategy and walk away knowing about the different types of investments you can use to pursue your short- and long-term goals.
The Investing Process (Foundations of Investing Part 3)
October 29, 2020 – 8:00 P.M. ET
Most people know investing plays an important role in our financial lives, but where do you start? This session will introduce the six steps to smart investing—defining your style, identifying funding sources, setting your strategy, choosing the right accounts, building your portfolio and tracking your progress. Leave with practical first steps for kicking off your investing journey after graduation and as you begin your career.
MAX Tools and Worksheets
MAX Tools and Worksheets
As you begin planning for the future from a financial standpoint, it’s vital to know what you owe. To do this, you’ll need to look at your finances comprehensively by identifying all your debt: mortgage, credit cards, student loans, etc. Use this tool to organize your debt in one place so you can track your current balances, monthly payments, and interest rates and begin making a plan to become debt-free.
It’s critically important to have a handle on all of your financial accounts — account numbers, contact information, etc.— so that, in the case of an emergency, you have this information at your fingertips. But, be sure to keep this information in a secure location so that you don’t become a victim of identity theft.
Getting a clear understanding of your finances can help reduce stress and anxiety. By creating a road map to your personal finances, you can get a better picture of your expenses and make deliberate decisions about your spending.
Writing down your goals increases your probability of achieving them, and helps you establish your personal
priorities. It is often advantageous to focus on what you want to achieve right now, soon after graduation, and
down the road – and to categorize them into different financial planning areas.
Managing Your Money
Investing in Your Future
“ The best thing about these workshops was that they were simple, easy to understand and customized...I left empowered with new knowledge. Thank you!”
— Helpful Life Skills Workshop Attendee