Resources to Get Financially Fit

Let’s be real. One of the most stressful parts of “adulting” is making decisions around money. What percentage of your salary should you be saving or investing each month? How and when will you finally finish paying off your student loans? How do you negotiate for the salary that you want and deserve? And can you finally afford to purchase your own home?

While we don’t claim to be financial management experts by any means, we have crowd-sourced our Wake Forest alumni network for their favorite money management and budgeting tools and resources available. Check out the list that we’ve curated below to find the right tools for you!

Salary Negotiation/Comparison:

NACE Salary Calculator
This salary calculator is powered by the National Association of Colleges and Employers. Using your location, occupation title, years of experience, and highest education-level achieved, get a good snapshot of “what you’re worth” compared to peers in similar roles and locations.

Glassdoor
Not only does Glassdoor allow you to search for jobs, but it helps you to research companies, prep for job interviews, and compare salaries based on self-reporting data from actual employees who have worked at these companies and job roles.

Salary.com
Another helpful salary calculator for determining what you should be paid in your current job role or in a future position.

Payscale
Similar to Salary.com, Payscale lets you input information about your location, job role, and years of experience to determine the right salary range for you.

Budgeting and Money Management Tools:

Intuit Mint
When we asked our Wake Forest alumni about their favorite budgeting/money management tools, the Mint app was one that we kept hearing about as being a go-to resource. Mint helps you create a budget, set spending alerts, see all of your finances in one place, get free credit scores, etc.

Simplifi by Quicken
Similar to Mint, the Simplifi by Quicken app lets you see all of your accounts in one place, create budgets, and get insights into your spending habits.

Every Dollar (Dave Ramsey)
This budgeting app allows you to connect all of your bank accounts in one place, set spending goals, and track your debt reduction.

Qapital
This unique full-service banking app let’s you set and work towards saving and investment goals. You can learn more about how alumna Sam Larsen (’16) has used Qapital in this advice video.

Additional Online Resources and Membership Sites:

The following financial resource and membership sites were suggested to us on Twitter and Instagram by Wake Forest alumni.

The Finance Bar
The Finance Bar is a personal finance suite designed to help women and couples achieve financial wellness through coaching and education. While their site includes a membership model, they have a blog feed with free articles and resources.

Financial Gym
This company is founded by Wake Forest alumna Shannon McLay (’00), and uses a fitness-based approach to help you meet your financial goals. You can learn more here. LINK

I Was Broke, Now I’m Not
This site includes tons of free tools and resources for budgeting, debt reduction, saving and investing, and more. Additionally, their team hosts a weekly podcast called Monday Money Tip and offers a free online course.

Money Under 30
This website offers resources and tools for money management and budgeting, info on banking and securing loans, making investments, finding the right kind of insurance for you, and general personal finance tips.

Do you have a favorite money management tool or website? If so, share it with us on Twitter @LifeAfterWake!

Disclaimer! The Alumni Personal & Career Development Center is not endorsing any of these businesses. We have not been asked to share these resources on behalf of any of these companies nor are any of the above affiliate links that would benefit our office or Wake Forest University. Use your best judgment when it comes to finding tools, resources, or businesses to help management your personal finances. #notasponsoredpost

 

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