Student's Guide to Money


    • What’s money got to do with your education (besides the obvious)?

      You're here at MEECAto make your life better, right? You have big dreams and you have the motivation to reach those dreams. Which is awesome … but here's the thing: no matter what degree you get, if you make careless decisions with your money while you’re in school, you're never going to get to your happy place. Money trouble is one of the biggest reasons students struggle in college. It’s hard to concentrate on course work when you are hungry, or you’re worried about being evicted!

      It’s money skills, not just money, that makes you rich!

      I'm sure you've known people who make a decent income but never seem to have a dime to their name. And have you also known people who have modest incomes but seem to be able to afford vacations when they want them, health care when they need it, and even have some left over to save? The difference between these two examples is that some people have money skills and others don't.

      A good education + money skills = win

      You already know that getting an education is your best chance of earning more money. But remember it's not just how much money you make, but what you do with it that counts. Your education and your money skills are going to work hand-in-hand to make you the successful person you want to be.

      Financial Health Checkup

      Just as a doctor uses your pulse as an indicator of your overall health, you can evaluate your financial behaviors as you enter college to help you understand your overall financial health. 

      I always know how much money I have in my checking account.

      Yes 
       
      No 

      My short and medium term financial goals support my long term financial goals.

      Yes 
       
      No 

      I regularly track my spending on paper or use a spreadsheet.

      Yes 
       
      No 

      I know exactly how much money I need to cover groceries, bills and housing needs each month.

      Yes 
       
      No 

      I put at least a little bit of money into savings every month.

      Yes 
       
      No 

      I pay my credit cards off every month.

      Yes 
       
      No 

      I can easily find and access important financial documents.

      Yes 
       
      No 

      I have adequate health insurance coverage.

      Yes 
       
      No 

      I know how to request my free credit report and do so each year.

      Yes 
       
      No 

      I always pay my bills on time.

      Yes 
       
      No 

      I know how to set financial goals.

      Yes 
       
      No