Financial Badge

For SWELL classes please include your instructors names, SWELL course and section number. ie SWELL 102-002

LEARN

-Set a Financial Goal Review BYU Financial Fitness's Goal Setting Fundamentals and create one SMART financial goal. Goal Setting Fundamentals

-Make a Financial Plan Explore BYU's My Financial Plan resource and identify one short-term and one long-term financial goal. It covers career, academic, and financial planning as interconnected pieces. Financial Planning

-Understand Debt Review BYU Financial Fitness's Debt Repayment resources and learn how interest and repayment strategies can affect the total cost of debt. Debt Repayment

-Meet with an Expert Meet with a BYU Financial Fitness advisor/coach and discuss a financial question or goal. Wellness Wise specifically recommends meeting with a BYU financial advisor as a financial wellness resource. Make an appointment

-Paying for School Explore BYU's Financial Aid resources and learn about scholarships, FAFSA, cost of attendance, and other ways to pay for school. Identify 2 resources that may be useful to you. Aid

-Explore Scholarships Learn about BYU and departmental scholarship opportunities and identify at least one scholarship resource relevant to you.Scholarships

-Money & Your Career Explore BYU Financial Fitness's Career Planning resources and learn how salary, education, work experience, and employee benefits can affect your financial future. Career Planning

-Take a Personal Finance Class Enroll in or complete a BYU personal finance course. Wellness Wise currently points students to FIN 200, FIN 201, and SFL 260 as financial wellness courses.

LEARN - ADDITIONAL EMPLOYEE OPTIONS

-Explore Employee Wellness Explore BYU Employee Wellness resources and identify financial wellness benefits or programs available to you. BYU Employee Wellness directs employees to campus wellness resources and DMBA's Living Healthy program. HOMEPAGE

-Plan for Retirement Explore your BYU/DMBA retirement resources and learn about your current savings options. BYU's DMBA materials include retirement planning tools and financial calculators. 401K PLAN

-Meet with an Expert Meet with a DMBA or TIAA financial consultant and identify one action you can take toward a financial goal. DMBA 801-578-5600

-Attend a Workshop Attend a BYU, DMBA, or TIAA financial workshop and share 3 things you learned. [TIAA](TIAA Tax-Deferred Annuity Plan)

-Know Your Perks Explore BYU discounts and benefits. BYU Discounts

DO

-Budget for a Month Create a monthly budget, follow it for 3–4 weeks, and make adjustments as needed.

-Track Your Spending Track every purchase for one month and identify 2–3 areas where you could spend differently.

-Save Something Set a savings goal and contribute toward it each week for one month.

-No-Spend Challenge Choose a nonessential spending category and go without spending in that category for 7 days.

-Use Your Discounts Find and use 3 student discounts, then calculate how much you saved.

DO - ADDITIONAL EMPLOYEE OPTIONS

-Financial Check-Up Meet with a DMBA financial planner or TIAA financial consultant and complete one action item from your meeting.

-Retirement Check-Up Review your current retirement contributions and determine whether they align with your financial goals.

-Know Your Benefits Review your BYU employee benefits and identify 2 benefits or resources you could better utilize.

-Increase Your Savings Choose a realistic savings goal and contribute toward it consistently for one month.

-Employee Budget Challenge Create or update your household budget and follow it for 3–4 weeks.

-Cut a Monthly Expense Review recurring expenses and find at least one way to reduce your monthly spending.

-Plan for a Financial Goal Choose a larger financial goal and create an actionable plan for reaching it.

SHARE

-Share one financial wellness tip or strategy you learned with a friend, family member, classmate, or coworker.

-Help someone identify a BYU financial wellness resource that could support their financial goals.

-Invite a friend or coworker to join you in a savings, budgeting, or no-spend challenge. Share a helpful financial resource, tool, workshop, or discount with someone who could benefit from it.

-Encourage someone to set a financial wellness goal and check in with them on their progress. Have a conversation with someone you trust about healthy financial habits you would both like to develop.

-Share how one financial habit you tried during this badge helped you save, budget, or manage your money differently.