What do you think of when you think of the word “well-being”? If you fall into the trap of only thinking about mental and physical health, then you should definitely watch this episode that discusses a forgotten aspect of well-being: Financial Well-being. 

Many of us run past the Student Financial Services Department at York University, so we are not reminded of the uncomfortable conversation about managing finances, but why make it uncomfortable? This episode brings to you Karen Warner, the manager of the Scholarships and Bursaries, to the comfort of your seats and hopefully bank statements.   

In this episode, Karen informs our host Susu B. of the true meaning of Financial Well-being, offers different perspectives on financial wellness and provides the resources available to help YU achieve financial well-being. The rich conversation I had with Karen had truly changed my perspective on quantifying financial literacy and had certainly made the Student Financial Services (SFS) less scary than it seemed. Finances are friends, not foes!

Resources

• Financial Aid Advisors, visit Student Support & Advising (Keele Campus - https://students.yorku.ca/ssa-contact) OR Student Financial Services (Glendon campus - https://www.glendon.yorku.ca/student-financial-services/)
• Bennett Centre for Student Services - https://students.yorku.ca/finance-and-awards 
• Ontario Student Assistance Program (OSAP) - https://osap.yorku.ca/
• Personal Finances in Canada- https://yorkinternational.yorku.ca/personal-finances-in-canada/ 
• International Student Emergency Bursary by York International 
• Work-Study Programs at YorkU- https://students.yorku.ca/sfs/work-study-programs#about 
• The Financial Wellness Project by Stong and Calumet College - https://www.yorku.ca/colleges/ccsc/the-financial-wellness-project/

You can also find budgeting tools online:

• Financial Consumer Agency of Canada - Managing Your Budget as a Student - https://www.canada.ca/en/financial-consumer-agency/services/pay-down-student-debt.html
• Financial Consumer Agency of Canada - Budget Planner - https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner
• Financial Consumer Agency of Canada - Tips to Save Money While You're in School - http://publications.gc.ca/collections/collection_2013/acfc-fcac/FC5-29-2012-eng.pdf

Visit our website at go.yorku.ca/wbpodcast!