Due to the recent pandemic, the Financial Wellness Center feels like it is a great time to talk about emergencies and how we can prepare for them financially. It is so important to save for a rainy day, but it’s also important to know how much you should strive to save.
Self-love is in the air this Valentine’s Day season! We encourage you to take active steps in taking care of your mental health and well-being every day of the year. Taking the time to care for yourself (which can look different for everybody) is not only necessary but can have positive outcomes. For example, I practice self-love by writing in my journal and reflecting on what is happening in my life. When I do this...
Investing during college can be a challenge. There are a few options to put away a little bit of money but for the most part we students tend to be strapped for cash and rarely have the time to analyze stocks. Perhaps the best thing we can do is set ourselves up for future investment opportunities. Investing starts with budgeting or making a spending plan. Learning how to spend money effectively is a good skill to learn and can ultimately help us get what we really want in the long run rather than what we want in the moment.
Choosing to continue your education is the first step towards accomplishing your career and personal goals, but there are challenges. Perhaps this is the first time you are on your own managing your personal finances and you have many questions as to where to get started. However, getting financial education and appropriate tools now will assist you in creating good habits and achieving lifelong successful financial outcomes.