Financial Wellbeing

What is financial wellbeing?

Financial wellbeing is the ability to manage finances to achieve goals and gain peace of mind. Financial wellbeing is improved by learning to budget for present, future, and unforeseen challenges.

  • Accessing the Furman experience
  • Financial literacy and competence
  • Food security
  • Housing security

Student Quote

“Financial wellness is the ability to make mindful and informed financial decisions. It provides the freedom to pursue goals, to manage unforeseen challenges and, most importantly, to gain peace of mind and satisfaction.”
Lilly Woo ’24
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Financial well people...

  • Talk to the right people who can help get them financial support
  • Create a personal budget  
  • Understanding that good habits build momentum overtime 
  • Try to pay off credit cards in full every month
  • Monitor their spending and bank accounts  
  • Save money where they can
  • Asks themselves, “do I really need this?”  
  • Take advantage of student discounts  
  • Have a savings account 

Check in with your financial wellbeing by asking yourself these questions:

  • Do I track my spending and create a monthly budget?
  • Do I set aside money for savings whenever I get a paycheck?
  • Do I seek out resources to help my financial literacy and competency?
  • Do I use a credit card responsibility and try to live within my means?

These are easy things you can do to better your financial wellbeing.

  • Try creating a monthly budget for yourself
  • Go to an event on campus that doesn’t cost anything
  • Limit eating out and find ways to reduce expenses 
    • Instead, try cooking a meal with friends
  • Go to the bank and talk to a financial advisor
  • Create a savings account in your name
  • Taking ENC-100 
    • This is the personal finance class. Capacity is limited.  

Financial Wellbeing Resources