Western Illinois University: Macomb Campus
Web Tools and Search Bar
Money Management - Top Picks for WIU Students
Think of it as your crash course in money management. The goal? To help you become confident and financially independent as you continue your education. When you learn how to take control of your money, your money will not take control of you.
Debt burden is the percentage of your future monthly income that will be required to make student loan repayments. Student aid research generally considers a monthly debt burden of 8% or less as “manageable”. So based on your projected income, use this chart to determine what your manageable debt burden should be.
How to make sure that the way you manage your money falls in line with the values that matter most to you.
Colleges teach us many things, but rarely do they teach us about how to handle money responsibly. Research has shown that students are not great at managing money, so to help bridge that knowledge gap, review these money lessons.
Your credit score is the key to your financial life and is used by mortgage lenders, car loan lenders, credit card companies, landlords, cell-phone companies, and even prospective employers to size whether you are a good or bad credit risk.