Financial Wellness

Financial wellness

Financial Wellness involves the process of learning how to successfully manage financial expenses. Money plays a critical role in our lives, and it can impact your health as well as academic performance.  

You can foster your financial wellness by:

  • Starting with small changes that will add up over time (i.e. make your own coffee rather than buying it).
  • Utilizing resources to expand your budget like CalFresh and other student discounts.
  • Understanding your student loans.
  • Starting a savings account – add a small monthly automatic payment, if possible.
  • Identifying and addressing any financial problems before they start.
  • Planning ahead and setting budget goals.
  • Making a list or reviewing your bank account of all purchases in one week.
  • Writing a list before you go shopping.
  • Asking yourself “do I really need this?” before an unplanned purchase.