What is Financial Wellness?
Making responsible decisions to live within your means and setting financial goals today that will positively impact your financial future.
Financial Wellness involves the process of learning how to successfully manage financial expenses. Money plays a critical role in our lives and not having enough of it impacts health as well as academic performance. Financial stress is repeatedly found to be a common source of stress, anxiety and fear for college students. Student debt can be a looming challenge – the cost of higher education, housing, bills, food, taking care of other dependents, and other basic expenses. With so many things to juggle within a busy academic schedule, adding in some time every day to seek ways to improve financial wellness will help you feel less stress. Keeping track of expenses, making a budget, and sticking to it are important skills to have in order to be financially responsible and independent. Learning, developing and implementing financially sound habits during college is a valuable investment to achieve your goals now and in the future.
Wellness Topics Related to Financial Wellness