Student Health Services at Moffitt Health Center
Financial Wellness
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Juggling finances in college can be tricky. With the cost of tuition, room and board, books, extra curricular activities, gas, etc., financial responsibilities can add up quickly. Financial stress is a common source of stress, anxiety, and fear for college students. Learning financial wellness now - track expenses, make a budget, sticking to it - can help you make better financial decisions while in college and as you prepare to start your career.
What is financial wellness?
Financial wellness is the process of learning how to successfully manage your financial expenses.
Money Tips for College Students
- Avoid student loans (when possible)
- Spend less than you earn
- Create a BUDGET
- Check your budget and bank account regularly
- Protect yourself from fraud
- Make a plan to tackle debt
- Pay yourself first
- Take out a limited amount of credit cards
- Start investing now
- Create an emergency fund
- Know what insurance you need
- Create short and long-term savings goals
Adapted from The Top 10 Straight Forward Money Tips for College Students - The College Invester.com.
Campus Resources:
Undergraduate Scholarships - F.L.I.G.H.T. Program - Program for Financial Literacy, Insight, Growth, Help, and Teachings
Undergraduate Scholarships - Financial Planning
Additional Resources:
The 10 Best Money Tips For College Freshmen
Financial Literacy for College Students