Financial – Debt Management
With today’s ever changing economy and economical challenges we can all use some tips to help take care of the money we have. These tips can help you evaluate your day to day choices regarding your personal finances, and give some helpful ideas on how to save money. | 
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Credit Card Debt
The average college freshman who enters school debt-free in September accumulates over $1,500 in credit card debt by May (Nellie Mae Credit Card study). Incurring this $1,500 from a credit card company that charges 19% interest and in paying the minimum required payment each month, it could take up to 17 years to pay off the balance! Sound unbelievable? Visit this credit card payoff calculator and see for yourself (click here).
For some ideas on how to tackle credit card debt (click here).
Managing Personal Finances
About half of all adults (49%) say they are concerned they have not paid enough attention to managing their finances as they should have and 48 percent are concerned they don't know enough about financial planning.
Do you need to start learning more about your personal finances? If so, the following website from the U.S. Financial Literacy and Education Commission is a great place to start learning (click here).
See some other financial statistics (click here).
Money Saving Tips
Did you know that packing a sack lunch to work each day instead of eating out can save you $500.00 per year? Learn about this and other tips for saving money (click here). Looking for ways to save some money in today’s tight economy? Try generic brands instead of name brand products. Use the bus to get to school or work. Or maybe, give a gift of service instead of an item. 100 different ways to save money in your daily life (click here). Information on local bus systems (Pullman Campus) (click here).
Paying for College
Worried about how to pay for college for yourself or your children? Did you know that as an employee of Washington State University, you are able to receive a tuition waiver for you to take classes? Information on the tuition waiver program as well as ideas on how to make college more affordable for your children (click here). Creative ways to pay for college (click here).
A special thanks to Work Life Committee member Barry Seward for providing these valuable tips and resource links.
Contact Work/Life Advisory Committee
work.life@wsu.edu
Disclaimer: The Work/Life Committee does not endorse or represent any resources listed within this website as recommended by the University.
