Why is learning about your money important?
Try to get into a budgeting rhythm when you have control and not when it is forced upon you by your circumstances.
Starting now will put you on the path to a financially secure future. This website is a tool designed to offer you details about basic personal finance, laying the groundwork for your years in college and beyond.
We also offer links to favorite personal finance websites and tools, basics about financial aid from the U-M Office of Financial Aid and ongoing news of interest. Explore the information provided here to find out about basic budgeting, investing and the everyday pressures of college and how they affect your financial life.
We're here to help. Remember, this is your money and your life.
-- Pamela W.Fowler, Executive Director, U-M Office of Financial Aid
Strategies to strengthen your resolve and finances
What’s at stake? Money, time, energy, family and friends. Prioritize everything and stick with your plan.
Goals take several forms: short-term, intermediate-term and long-term. Short-term goals equate to three months or less, intermediate are usually reached within the year and long-term goals are plans for those of more than one year. Make your goals meaningful and write them down so you can see them often and integrate them into your everyday life.
Visit the Personal Finance Topics at the top of this page to explore tips about budgeting and managing your money.
-- Kristin Bhaumik, Assistant Director for Special Programs, U-M Office of Financial Aid