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Financial Literacy: Home

Resources that enable students to confidently manage their personal finances.

What is Financial Literacy?

Financial literacy logo - winking Ben Franklin

The President's Advisory Council defines personal financial literacy as "the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being" (2008 Annual Report to the President).

In other words, you should not only understand budgeting, but can make informed decisions about credit and debit card usage, checking accounts, student loans, and how to request and review your credit report, for starters.

Use this guide to locate the resources that will empower you to make appropriate financial choices. Please note: this guide does not provide financial advice, nor will the librarians!

Sources to Explore

How Much Do You Know About Your Personal Finances?

Financial Literacy---Financial for College Students

Money Crashers - 8 Financial Tips for College Student to Save and Manage Money Better 

  • Create a Budget- know where your money is coming from (and when) and know when and how you are spending it
  • Consider an online service to help make money management easier and portable
  • Minimize student debt
    • ​spend wisely on non-school items (clothes, food, entertainment)
    • borrow only what is required
    • Fund extras with a job
    • if it's manageable, start paying off student loans early
  • Look for student discounts
    • Check out FGCU Business Technology Services for discounts on software and hardware
    • Ask vendors near campus if student discounts are available
  • Research the best credit card offers and use them wisely
  • Set spending limits
  • Avoid paying full price for textbooks - buy used, rent,  consider e-book options when available
  • Protect personal information
    • don't give out passwords, social security or account numbers
    • check banking and credit accounts regularly for unauthorized use and report suspicious activity immediately
  • ​Request a free credit report annually