Financial Wellness is a state of healthy living through active pursuit of financial knowledge, planning, and goal setting.
Optimal Financial Wellness is not about being wealthy; it consists of making sound financial decisions that allow you to live within your means and plan for your economic future.
The Consumer Financial Protection Bureau defines financial wellness as:
- being able to meet your financial obligations
- being prepared for unexpected financial impacts
- being secure in your ability to make choices that allow you to enjoy life (having more than just enough to meet your needs) and
- being on track to meet any long-term financial goals (retirement, mortgage payments, etc).
Not sure if you are financially healthy? Want to improve your financial wellness? You're not alone. Many people struggle with finances. Check out the resources below to help get your wallet in order.
CashCourse: Real-Life Money Guide for Students
CashCourse is a free, online financial education resource designed specifically for college and university students. Created with input from real students and universities, CashCourse equips students with information that helps them make informed financial decisions, from orientation to graduation and beyond. Cash Course provides financial management information, tips for money management, interactive tools, worksheets and financial calculators to help students understand their finances and their financial situation.
Sign up for CashCourse and select Illinois State University from the drop down menu when signing up