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Financial Wellness: Invest in Your Future

According to the National Student Financial Wellness Study, 7/10 college students feel stressed about their personal finances. And for many individuals, this stress does not go away once they secure a full time position upon graduation. According to PWC’s Employee Financial Wellness Survey, Fifty-three percent of all employees are stressed about their finances. The study also cites that those who are stressed are more likely to be distracted by their finances at work.

Dealing with personal finances can be overwhelming for anyone, especially for college students! And so, it is with good reason you should take initiative in learning how to effectively manage your money now rather than later. There are many ways in which you can improve your financial wellness as a college student. Here are a few resources that can steer you towards money-managing success:

Student Wellness Center

Ohio State offers financial education and coaching through Scarlet and Gray Financial, which is a nationally recognized peer financial coaching program housed in the Student Wellness Center. You can seek one-on-one support from trained peer coaches in areas such as financial goal setting, banking basics, budgeting, credit education, debt repayment education, and saving/retirement. It’s encouraged to bring information regarding any bank account or loan balances to your appointment. During your meeting, you will have the chance to create a spending plan to achieve your goals while at Ohio State and beyond.

The Student Wellness Center also offers a course on iTunes U, Student Personal Finance 101: Foundations. If you are part of a student organization or a residence hall, you can schedule a financial wellness workshop for your group.


iGrad has partnered with Ohio State to provide an interactive financial literacy tool that empowers students and alumni to make effective personal finance, student loan, and career decisions throughout their lives. Once you create an online profile on iGrad, you will see content tailored to fit your needs. This platform offers video presentations, webinars, calculators, and relevant articles on financial topics. Experts from the iGrad community are even available to answer your questions.


Mint is a free way to manage your money all in one place. This tool brings together your bank accounts, credit cards, bills, and investments so you know exactly where you stand. Mint allows you to see what you’re spending, where you can save, and keeps you on top of your bill payments. Lastly, Mint produces a free credit report summary highlighting your current credit score and information on how the score is calculated.


NerdWallet is a personal finance website designed to help people make informed financial decisions by comparing products from banks and insurance companies. You can find deals on credit cards, insurance, mortgage rates, ask questions, and learn about ways to reduce your bills.

Ultimately, there is no one-size-fits-all path to financial wellness. Familiarize yourself with the available resources and learn what works best for you. Equipping yourself with the right information and tools now will help you establish strong financial habits for the future!

“An investment in knowledge always pays the best interest.” - Benjamin Franklin

About the author

Kaitlin Schafer

Kaitlin Schafer is a Career Counselor at Engineering Career Services.