At just 19 years old, UNLV Junior Sehaj Singh enjoys trading stocks as his fascination has now become a hobby. When the opportunity came along to participate in UNLV’s first-ever President’s Investment Challenge, he and several other students jumped on board to get a first-hand look at the campus-wide investment competition.

Students at the University of Nevada, Las Vegas (UNLV) embarked on a new educational venture this semester, testing their financial instincts through a virtual stock market challenge.

One challenge you will face when budgeting is determining how much of your income to spend in different categories. Percentage-based budget rules, like the 50/30/20 rule or the 70/20/10 rule, are useful strategies that can guide your spending and help you organize a better budget. Below, we’ll run down some standard budgeting percentages you might want to try.

Daniel Chi, a finance professor at the University of Nevada, Las Vegas, provided insights into the role and impact of tariffs on the economy and personal finances. He explains how tariffs are taxes imposed on imported goods and are used to protect domestic industries from foreign competition.

Educating students on the fundamentals of investing is an ongoing effort for the University of Nevada, Las Vegas. It is an institution for learning, after all. After opening its Institute of Financial Literacy & Wellness to provide classes and credentials in financial wellness during the fall 2023 semester, the university is encouraging students to advance their knowledge by participating in its inaugural President’s Investment Challenge.

If you find yourself in a financial crunch, you have options to dig yourself out, such as borrowing from your emergency fund, a savings account or taking out a personal loan. You might also find yourself considering borrowing from your 401(k). While a 401(k) loan is often quick and typically cheaper than other types of credit, it could also end up jeopardizing your retirement.