Financial Well-Being

Financial well-being is the process of learning how to successfully manage and budget your expenses. A healthy financial practice involves taking steps to live within your means and managing your resources by thinking about both your short and long-term goals. This can be done by creating a budget, setting up a savings account, keeping track of expenses, not relying on credit cards, and understanding your student loans.

Taking control of your financial well-being will provide you will a sense of independence and security knowing that you are making wise financial decisions that are sustainable long-term. 

Financial well-being is an important piece of your overall well-being.

Dealing with personal finances can be overwhelming for anyone, but especially for college students who are just beginning to live independently and manage money on their own. Financial pressure/concerns are a leading cause of stress for college students. Having an understanding and sense of control over one’s finances can help to relieve that stress.  

You can take control of your financial well-being.

To get started, you should:

  • Create a budget and stick to it
  • Start Saving – Pay yourself first
  • Take advantage of student discounts
  • Keep organized records of your finances
  • Don’t put it off – identify and address any financial problems early on 

Programs & Services

Request a Presentation

Health Initiatives offers pre-planned and custom presentation experiences for employees and students. Request a workshop for your class, upcoming meeting, or a training. 

On and Off Campus Resources

  • Georgia Tech Financial Aid Office
  • Textbook Buying Tips - 11 ways to beat the system when buying college textbooks (an article from Today).
  • Budgeting Tools
    • Mint - Mint offers an array of features to help you track and manage your money. Mint automatically categorizes transactions from linked credit and debit cards and tracks them against a budget you can tweak and customize to your needs. Get alerts when you go over budget, and track by category or look at your overall cash flow to get a well-rounded picture of where your money goes each month.
    • You Need A Budget (YNAB) - YNAB takes a unique approach to budget apps. Rather than rely on traditional budgeting buckets, you build your budget based on your income, giving every dollar a job in your budget. Those jobs include everything from living expenses to debt payments to savings and investments. Leaving no dollar unaccounted for forces you to think about every dollar you spend.
  • Napkin Finance
    • Napkin Finance is an online tool to introduce yourself to different financial topics. The site provides quick and easy resources on everything you need to know about money in 30 seconds or less. Their wide array of topics include a college survival guide, credit, investing, and Money 101.