What it's all about: Understanding your current financial state and future financial goals, and feeling able to successfully manage financial expenses
Some questions to ask yourself to gauge your Financial Wellbeing:
- Do I have knowledge of resources that will help fund my education and pay for living expenses?
- Am I confident that I can plan a financial budget?
- Do I track my spending to stay within my budget?
- Do I think it is important to spend less than I earn?
- Am I prepared for all expenses, including short-term, long-term, and emergencies?
- Do I understand how loans and interest rates work?
- Do I feel stressed by the amount of money I owe (credit cards, student loans, etc.)?
- Do I feel stressed about my finances?
Want to increase your Financial Wellbeing? Here are a few suggestions and resources:
- Want to learn more about paying for your education? Learn more through the Financial Aid department and website.
- Complete the FAFSA – Free Application for Federal Student Aid - each year.
- Take an online financial literacy class – such as the ones offered by CashCourse.
- Research financial literacy strategies in the SCC Library.
- Want to learn how to negotiate your salary and benefits? Take a free course offered by the AAUW.
- Don’t put it off - identify and address any financial problems before they start.
- Keep organized records of your finances.
- Take advantage of student discounts.
- Plan ahead and set budget goals.
- Need help managing the stress associated with your finances? Talk to an SCC Counseling Faculty member!
- Experiencing an unexpected financial crisis that could impact your ability to stay in school? Talk to a counselor or faculty member about ways to get help!
To talk to an SCC Counseling Faculty Member about anything related to your holistic wellbeing, or to create a Wellbeing Action Plan, email us at firstname.lastname@example.org or call us at (480) 423-6524.