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Stony Brook University

Financial Literacy Guide

This guide is intended to help undergraduate students become informed about financial information. Content includes information about student loans, credit scores, and taxes.

Introduction and Definition

This guide was created for undergraduate students. For those of you who are preparing for graduation and the world of work, but what about your finances? Have questions about debt, loans, and credit scores? You will be able to use this guide as a reference for all major topics regarding your financial literacy.

This guide will cover the following topics:

  • Banking
  • Budgeting
  • Credit Cards
  • Credit Scores
  • Financial Well-Being
  • Loan Repayment
  • Taxes

What is Financial Literacy?

Financial Literacy means you know how to manage and use your money. Managing your money is more difficult than it may seem. Between credit cards, loans, and other financial responsibilities, it is important to know which financial commitment to prioritize. 

(For more information, see: Annuity.org. "Financial Literacy." Retrieved from https://www.annuity.org/financial-literacy/)

How to Achieve Financial Literacy? 

In this guide, you will find resources, such as MyMoney.gov, which provides free tutorials on how to best manage your money and protect yourself from scams and other financial follies.