You’re smart, but are you money smart? Maybe you recently graduated and are starting to think about planning for the future, or you graduated a few years ago and are still living paycheck to paycheck; either way, dealing with personal finances can at times be emotional, stressful, and time consuming, but it doesn’t have to be! Do you have a plan, but you’re not sure how to get there? Are you somewhat financially settled but long-term strategies, such as retirement savings, are not yet on your radar?
According to Renee Pelletier ’03, ’08, financial literacy and default management specialist at the Stony Brook University Office of Financial Aid and Scholarship Services, here are three ways to better manage your finances:
- Set financial goals. Think S.M.A.R.T – Specific. Measurable. Attainable. Realistic. Timely.
- Create and track your budget. There are many online resources to help you set up and track your personal budget.
- Consider your lifestyle options. Dollars and $ense is a budget planning tool that can help you determine the amount of money you would need to support the lifestyle you want.
Pelletier will provide greater insight into mentioned techniques and much more. Register and participate in the “Manage Your Money Before It Manages You” webinar on Thursday, July 17, 2014 from 5:30 pm – 6:30 pm. Feel free to view other Alumni Career Services ‘Archived Webinars‘ or visit our website.