Here's why financial wellness matters:
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Peace of Mind: Financial stress can be a major stress on your academic pursuits and overall well-being. By developing healthy money management habits now, you'll reduce anxiety and free up mental space to focus on what matters most – your education.
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Building a Secure Future: College is an investment in your future. Learning to budget effectively, manage debt responsibly, and save for future goals sets you on the path to financial independence after graduation.
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Empowering Choices: Financial literacy empowers you to make informed decisions. From choosing a meal plan to understanding loan terms, you'll be equipped to navigate financial situations with more confidence.
Taking control of your finances isn't about deprivation; it's about empowerment. By developing financial wellness habits now, you'll graduate with the confidence and skills to navigate your financial future successfully. So, take charge, explore resources, and make informed choices—financial wellness is within your reach!
Frequently Asked Questions
Log into SPIRE and navigate to Main Menu>Finances>View Financial Aid>My Debt Center. The page will contain information and resources about the student loans you have borrowed while attending UMass.
Check out the UMass Financial Aid TV video collection.
Reach out to Financial Aid Services to explore your options for paying for college next semester.
Several budgeting approaches exist. The key is to find the one that works for you. Whether on paper, a phone app, or an electronic document, create a budget and stick to it. Connect with Smart About Money to learn more about recommended tools and approaches. In the meantime, consider checking out our College Budget Planner.
Financial Wellness Roadmap
Want a step-by-step guide to learning the foundations of personal finance on campus? Be sure to check out the Financial Wellness Roadmap. If you have any questions about the Roadmap, be in touch with Smart About Money and someone will get back to you right away.