Personal Reflection: Course Analysis

I am extremely grateful that this was a required class. I was not savings or even close to thinking about saving before registering for this course. I put money aside occasionally to pay for Christmas, textbooks, or other larger purchases. I have definitely constructed a plan of action I hope to follow over the next few years so I can become financial secure and stable. Financial Wellness has opened my eyes to the subjects of savings, investing, credit, protecting you identity and financial wellbeing, as well as given me useful tools and tips to use for a lifetime. If I take anything away from this class it is that saving is key. Having a savings creates stability. If I were to ever run into a problem I’d have that savings. In our last assignment …show more content…
Fortunately college has made it possible for me to save more than I spend. Since I neither have my own apartment or car I can save more than I spend. Lately I’ve been putting away seventy percent and keeping thirty to spend on myself and whatever I please. I find even with my spending money I have it. This course has opened my eyes to different resources and tools that can help me spend and keep my finances in check. I have begun using Mint.com and the Mint app to track my sending, accounts, loans, and bills. I find it extremely useful to have everything in one place. My loans were “out of sight, out of mind,” but seeing them weekly reminds myself to begin paying off …show more content…
I have many financial goals that I’ve set for myself for the next fifteen years. First I hope to buy a new or used car before I’m twenty-two. Around the same time I hope to begin renting my first apartment and entering graduate school. By the time I’m thirty I want to be secure in a career and planning on buying a house and starting a family. My biggest goal is to have my undergraduate and graduate loans paid off by the time I’m thirty-five. I realize how much I’ll need a stellar score for some of my future goals. Having a credit card has been both a struggle and a blessing. So far I have few moments where I feel tempted to spend up to my limit, at the moment I use it for small purchases that I can pay off on time. With credit scores comes protecting your identity. In my Women as Empowered Leaders and Learners I learned that making your internet presence sparse can aid in protecting your identity. Along with tweaking maybe social media privacy setting I have also made it my mission to really look through my monthly statement and make sure my credit score hasn’t dropped dramatically. I have a lot learned to be extremely cautious even when dealing with official websites or workers. I would hate to have my identity stolen as I am building my credit score and working on my financial