{"id":189,"date":"2022-05-10T12:18:42","date_gmt":"2022-05-10T16:18:42","guid":{"rendered":"https:\/\/www.bu.edu\/studentwellbeing\/?page_id=189"},"modified":"2026-05-13T14:08:32","modified_gmt":"2026-05-13T18:08:32","slug":"financial-wellbeing","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/studentwellbeing\/what-is-wellbeing\/financial-wellbeing\/","title":{"rendered":"Financial Wellbeing"},"content":{"rendered":"<h2><img loading=\"lazy\" src=\"\/studentwellbeing\/files\/2022\/04\/piggy-bank.png\" alt=\"\" class=\"size-full wp-image-137 alignright\" width=\"245\" height=\"277\" \/>Financial wellbeing is the feeling\u00a0of being in control of your\u00a0finances, rather than just being wealthy.<\/h2>\n<p>It involves feeling confident about\u00a0managing day-to-day finances, handling unexpected costs, and meeting long-term goals through budgeting, debt management, and planning for retirement.\u00a0 It includes spending in a way that aligns with your values, and making sure you\u2019re educating yourself on best practices when it comes to earning, saving and investing.<\/p>\n<p>There\u2019s no one-size-fits-all road map to boost your financial literacy, but some ways to get started might include developing a budget, opening a savings account, and educating yourself on investing through articles, books, and, yes, even YouTube videos! The important thing about financial wellbeing is that you get started sooner rather than later so the demands of \u201cadulting\u201d don\u2019t catch you by surprise.<\/p>\n<p><a class=\"button\" href=\"https:\/\/www.bu.edu\/studentwellbeing\/find-wellbeing-resources\/?dimensions=financial\">Explore Resources to Improve Your Financial Wellbeing<\/a><\/p>\n<blockquote>\n<h3>How Do You Support Your Financial Wellness?<\/h3>\n<p>&#8220;Keeping a budget record is really important to track your spending habits.&#8221;<br \/>\nOwen Sloane (CFA&#8217;25)<\/p><\/blockquote>\n<h3>Questions to Ask Yourself about Financial Wellbeing<\/h3>\n<ul>\n<li>Do I track my spending or keep to a budget each month?<\/li>\n<li>Do I &#8220;pay myself first&#8221; by setting some money aside for savings whenever I get a paycheck?<\/li>\n<li>Do I read articles, watch videos, or talk to people I trust to boost my understanding of personal finance?<\/li>\n<li>Do I use a credit card responsibly and try to live within my means?<\/li>\n<\/ul>\n<h3>Learn More about Financial Wellbeing<\/h3>\n<ul>\n<li><a href=\"https:\/\/www.nerdwallet.com\/article\/finance\/budgeting-for-college-students\" target=\"_blank\" rel=\"noopener noreferrer\">&#8220;Budgeting for College Students: Where to Start&#8221;<\/a> from NerdWallet<\/li>\n<li><a href=\"https:\/\/www.wisebread.com\/100-ways-to-save-money-in-college\" target=\"_blank\" rel=\"noopener noreferrer\">&#8220;100 Ways to Save Money in College&#8221;<\/a> from Wise Bread<\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2022\/04\/08\/how-college-students-can-start-investing-and-making-money.html\" target=\"_blank\" rel=\"noopener noreferrer\">&#8220;How College Students Can Start Investing and Making Money&#8221;<\/a> from CNBC<\/li>\n<\/ul>\n<hr \/>\n<h2>On-Campus Resources to Support Your Financial Wellbeing<\/h2>\n<p>&nbsp;<\/p>\n<div class=\" bu-callout alignleft\"><\/p>\n<h4><a href=\"https:\/\/www.bu.edu\/seo\/\">Student Employment<\/a><\/h4>\n<p>A job on campus can support both your financial and social wellbeing. If you&#8217;d like to support your finances and develop relationships with other students based on working together, why not check out all SEO has to offer.<\/p>\n<p><\/div>\n<div class=\" bu-callout alignleft\"><\/p>\n<h4><a href=\"https:\/\/bu.kindros.com\/\">BU Kindros<\/a><\/h4>\n<p>Kindros<span> is a money learning platform designed for students! Pick topics that interest you and learn at your own pace. Explore modules on earning, budgeting, saving, credit, borrowing, insurance, housing, education, and retirement.<\/span><\/p>\n<p><\/div>\n<div class=\" bu-callout alignleft\"><\/p>\n<h4><a href=\"https:\/\/www.bu.edu\/finaid\/types-of-aid\/scholarships-grants\/merit-based\/private\/\">Scholarship Search<\/a><\/h4>\n<p>BU Financial Assistance encourages students to pursue scholarship opportunities in their local communities, as well as on a national level. Check out these Scholarship Search services.<\/p>\n<p><\/div>\n<div class=\" bu-callout alignleft\"><\/p>\n<h4><a href=\"https:\/\/www.bu.edu\/smartmoney101\/credit-cards\/\">Credit Cards: Friend or Foe?<\/a><\/h4>\n<p>Your credit card is a line of credit that allows you to borrow money instantly. It\u2019s a tool that makes borrowing very convenient. Let\u2019s consider how to use this tool effectively and responsibly without overspending in the process.<\/p>\n<p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial wellbeing is the feeling\u00a0of being in control of your\u00a0finances, rather than just being wealthy. It involves feeling confident about\u00a0managing day-to-day finances, handling unexpected costs, and meeting long-term goals through budgeting, debt management, and planning for retirement.\u00a0 It includes spending in a way that aligns with your values, and making sure you\u2019re educating yourself on [&hellip;]<\/p>\n","protected":false},"author":8673,"featured_media":0,"parent":14,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/pages\/189"}],"collection":[{"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/users\/8673"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/comments?post=189"}],"version-history":[{"count":50,"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/pages\/189\/revisions"}],"predecessor-version":[{"id":4171,"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/pages\/189\/revisions\/4171"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/pages\/14"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/studentwellbeing\/wp-json\/wp\/v2\/media?parent=189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}