5 Financial Planning – Cash and Credit Management.
Financial planning is the process of evaluating your current financial situation, setting short and long-term monetary goals, and creating a strategy to achieve them.
Building a financial plan can help you:
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Avoid Debt: Building a financial plan as a college student is important because it helps you keep track of your money, like student loans and living costs, and stops you from spending too much and getting into debt.
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Build Savings: Financial planning encourages you to set aside money regularly, allowing you to save for emergencies, education, or other future needs.
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Reduce Stress: Knowing that you have a plan for your finances can alleviate anxiety and provide peace of mind, allowing you to focus more on your studies and personal growth.
SUPPORT/FEEDBACK
- Contact Ms. Nandanie Appana for more information on how to attend this workshop at nandanie.appana09@mec.cuny.edu.
2. Contact Dr. Jessica Rivera for more information on how to attend this workshop at jessicar@mec.cuny.edu
3. For those in AGRO 101 course ( SEEK Financial Planning and Budget Course), you can get feedback from your Professor.
4. Contact your advisors for assistance –
Dr. Rebecca Reid – rcenatus@mec.cuny.edu
Ms. Takisha Randall – Trandall@mec.cuny.edu
Dr. Jewel James –jjames@mec.cuny.edu
5. MEC Career Management Center – Career Management Contact Information
website: https://www.mec.cuny.edu/student-success/career-management/resources/
References
Burkett, O. (2024). Advantages to Budgeting as a College Student. https://www.snhu.edu/about-us/newsroom/education/budgeting-for-college-students?
Geier, B. (2024, December 6). What Is Financial Planning? Definition, Meaning and Purpose. https://smartasset.com/financial-advisor/financial-planning-explained?
