Personal Finance Resources at Western Washington University

Western Washington University (WWU) offers a variety of resources to help students, faculty, and staff navigate the often complex world of personal finance. From budgeting basics to long-term investment strategies, these resources aim to empower individuals to make informed decisions and achieve financial well-being.

Financial Wellness Center

The Financial Wellness Center is a primary hub for financial education at WWU. It provides free, confidential one-on-one coaching sessions with trained peer mentors. These sessions can cover a wide range of topics, including:

• Budgeting and Money Management: Learn how to create a realistic budget, track expenses, and manage cash flow effectively.
• Debt Management: Develop strategies for paying down student loans, credit card debt, and other forms of debt.
• Credit Building and Repair: Understand the importance of credit scores, learn how to build good credit, and repair damaged credit.
• Saving and Investing: Explore different savings and investment options and learn how to reach your financial goals.
• Financial Aid and Scholarships: Get assistance with understanding financial aid packages, applying for scholarships, and managing student loans.

The Center also hosts workshops and presentations on various financial topics throughout the year. These events provide a convenient way to learn about specific areas of personal finance in a group setting.

Online Resources

WWU provides access to numerous online resources that can supplement in-person support. These may include:

• Budgeting tools and calculators: Interactive tools to help you create budgets, calculate loan payments, and estimate savings goals.
• Educational articles and videos: A library of content covering a broad range of personal finance topics.
• Links to external resources: Connections to reputable websites and organizations that offer additional financial guidance.

Employee Assistance Program (EAP)

For WWU employees, the Employee Assistance Program (EAP) offers confidential counseling and referral services, which can include financial consultation. The EAP can provide assistance with managing financial stress, developing financial plans, and addressing other money-related concerns.

Student Employment and Financial Aid Office

While primarily focused on financial aid disbursement, the Student Employment and Financial Aid Office can also provide information about student employment opportunities on and off campus. Earning income through part-time jobs can significantly contribute to managing expenses and reducing reliance on student loans.

Campus Clubs and Organizations

Keep an eye out for student-led clubs and organizations that focus on investing, business, or personal finance. These groups can offer peer-to-peer learning, networking opportunities, and access to guest speakers who are experts in the field.

By taking advantage of these available resources, students, faculty, and staff at WWU can gain the knowledge and skills necessary to make informed financial decisions and achieve long-term financial security.