Financial Wellness

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. Keeping track of expenses, making a budget, and sticking to it are important skills to have in order to be finically responsible and independent. Learning how to maximize your financial wellness now will help you feel prepared to handle potentially stressful financial situations in the future.

Tips for optimal financial wellness:

  • Planning for/managing student loan dept
  • Setup a realistic budget and stick to it
  • As soon as possible, start investing and saving for retirement
  • Understand loan process and interest debt
  • Set goals to pay down dept or save for large purchases
  • Brush up on negotiation skills
  • Write bill due dates on calendar or setup automatic payments to avoid late fees
  • Give yourself financial security with an emergency savings fund
  • Take out a limited amount of credit cards
  • Learn what affects credit and how to boost your personal credit score

Student Financial Wellness Resources

Employee Financial Wellness Resources

  • Benefits
  • Retirement planning
  • Investment session
  • Prudential Retirement Login,
  • Choose to Give campaign
  • Intranet HR page