Financial Wellness
Finances can be a source of stress for many students, but they don't have to be! There are steps that students can take to manage their finances and alleviate financial stress.
First and foremost, creating a budget is essential. This means listing all income and expenses and being mindful of where money is going. It's important to prioritize necessary expenses, such as rent and groceries, and cut back on unnecessary expenses.
Another way to manage financial stress is to look for resources available on campus. UNC offers financial literacy workshops, online financial education curriculum, and events to help support students. It's also important to research and apply for scholarships, grants, and other financial aid opportunities.
Lastly, it's important to start planning for the future. This means saving money and creating a plan for paying off student loans after graduation. It may seem daunting, but creating a plan and taking small steps towards financial wellness can lead to a more secure and stress-free future.
Remember, managing finances and alleviating financial stress is a journey, and it's never too late to start taking steps towards financial wellness.
Financial Literacy Resources
CashCourse is an online financial education resource designed specifically for college and university students. The program takes a whole-life approach to personal finance, with resources divided into six main areas of learning:
- Earn: Estimate financial effects of current and future employment.
- Save and Invest: Grow personal assets to build savings and financial security.
- Protect: Protect financial resources, personal property and identity.
- Spend: Manage cash flow to meet financial goals and navigate financial obstacles.
- Borrow: Control personal credit and debt.
- Pay for Education: Create and implement a strategy for funding higher education.
Financial Literacy Workshops
The Office of the Dean of Students provides care and support to all students at The University of North Carolina at Chapel Hill including financial literacy workshops during the academic year. Undergraduate, graduate, professional, full-time, and part-time students alike may contact the Dean of Students office to be assisted with navigating the university and accessing appropriate resources and support services.
$AVVY - WOmen. Money. Freedom. film
$AVVY investigates the historical, cultural and societal norms around women and money. With incisive humor and captivating honesty, $AVVY questions why women often take a backseat to managing their money, and reveals why it’s increasingly critical for women to take the reins of their financial futures.
If you missed the viewing of the documentary on January 31, 2023 you can learn more about $AVVY and watch the film for a fee on the $AVVY website. You can also learn more about Director and Producer Robin Hauser here.