Health & Wellness: Finances for Today

Participants gain practical, relevant strategies for managing today’s financial demands, reducing financial stress, building long-term stability, and preparing for a more secure retirement. 

Greater financial confidence can contribute to reduced stress, improved focus and decision-making, stronger employee well-being, and a more resilient workforce.

By the end of this training session, participants will be able to:

• Identify the elements of a budget and assemble a budget for your home using the Budget Toolkit
• Define the differences between simple and compound interest and make informed decisions about credit decisions
• Identify credit score, total debt, and debt-to-income ratio from a sample credit report
• Identify the differences between Chapter 7 and Chapter 13 bankruptcy 
• Define the purpose of the Fair Debt Collection Practices Act
• Identify the signs of compulsive debit and execute steps to recovery
• Identify and de-escalate financial stressors and combat their negative effects on the student’s health
• Discuss the differences and benefits of 401(k) and 401(a) programs, and establish investing goals