Financial Management

If you are like many individuals, money or lack thereof can be a major stressor! In fact, it ranks as one of the top 10 factors impacting college students’ academic performance. Explore this site to learn solid, money management practices. Keep your college experience on track by putting your finances in order.

Financial Skillbuilding

Financial education refers to the set of skills and knowledge developed to understand and effectively manage one’s finances. A solid foundation of financial literacy is essential to financial health!

Managing money is an important skill. It takes time and effort to develop this skill. Despite its importance in all of our lives there is very little emphasis in teaching young people these valuable skills. Sometimes it seems that our parents leave it up to the schools and the schools leave it up to our parents. It is further complicated because financial literacy is more than skills and knowledge, it also involves beliefs, attitudes, values and behavior. Only you can evaluate your money mindset and make changes to your beliefs, attitudes, values and behaviors.

Despite its importance in our lives, many young people feel unsure about how to start managing their money. The good news is that you can take control of your money management and change your money mindset whether you have a lot or a little money (ie: a college student). You can take comfort in knowing that you are not alone; 84% of college students want more information on financial management.

A resource that is free and available to you to start on your own path to improving your own financial literacy is Education Cents, a program developed by the Department of Higher Education.

Education Cents offers an interactive online curriculum to help you understand financial matters and your relationship with money so that you can have the tools you need to help your education. This free online resource has tools to help you improve your financial literacy in an easy and engaging way.

 

MoneyWise on Campus-Transit Financial Wellness

Finances are one of the top stressors for students at CSU.  Students can be one step ahead by taking the time to learn new skills to help them understand and manage their finances throughout their college experience.  MoneyWise on Campus-Transit Financial Wellness is an interactive, online financial education program.  It provides an opportunity for students to explore and develop their financial management knowledge and skills.

Program content created and evaluated by Everfi, empowering students to manage their finances, and sponsored by The Charles Schwab Foundation. 

Financial Stress

Finances can affect your stress and vice versa. It is important to recognize the financial stressors in our life and learn to deal with them in rational, organized ways so that our response doesn’t cause even more stress. The added stress of mismanaging your financial obligations will only make things worse. And remember, it is in your control to manage your finances and your thoughts about them. Understanding your money history directly affects your beliefs, values and your relationship with money.

Explore the Psychology of Money to take the first step in taking control of your feelings in order to take control of your finances.

Adapted from Education Cents.

Campus Resources

CSU Student Financial Services can help learn more about financial aid options like loans, grants, scholarships and work study.

CSU Student Employment Services assists CSU students in securing employment while they are in school. Student Employment Services helps students with Work Study, Campus Student Hourly and Off Campus employment.

CSU Ram Card offers two convenient account options you can link to your RamCard.  Learn about RamCash and RamCard Plus!

Morgan Library has a number of resources related to financial education.  Plan to attend Money Smart Week typically in April.

Websites

Education Cents
The goal of this program is to help you understand financial matters to help you reach your goals.

The Financial Education Programs and Tools Handout
This handout provides a thorough list of reputable financial resources.

College in Colorado
So you made it to college, but now what? Explore this site for relevant information about paying for your education.