Financial Basics

Apply these principles now, and after graduation.

There are five common principles that make up the pillars of personal finance. Knowledge of these concepts, coupled with discipline over time, will help you make today’s money decisions and plan for a strong financial future.

1. DON’T BUY STUFF YOU CANNOT AFFORD

Done wisely, borrowing money can help you establish and build credit. However, interest, fees, and over-borrowing can be detrimental to your financial future. Read more…

2. GIVE EVERY DOLLAR A JOB

When it comes to spending, having a plan and shopping for the best value can make a big difference to your bottom line. Read more…

3. UNDERSTAND YOUR FUTURE SALARY

Income is your greatest wealth-building tool. Making smart decisions with your money starts with being knowledgeable about your pay and benefits. Read more…

4. THE BEST DEFENSE IS A GOOD OFFENSE

You can protect your wealth and reduce financial stress by building an emergency fund, protecting against identity theft, and having proper insurance coverage. Read more…

5. PAY YOURSELF FIRST

Kick-start your financial future by saving early and often. It’s never too soon to put away money for a home or retirement. Read more…