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From the Director's Desk

Financial Literacy Focus: March "Spending" Madness

Money Saving Smart App of the Month

Happy March BC students!

Here at $uccessful Start, it’s March Madness, but not the basketball kind! For us, the madness is all about overspending. Did you know that the average American spends $1.33 to every dollar they earn (Census Bureau)? That might not seem like much, but overspending here and there can have big consequences on your overall financial picture. At the same time, not nearly enough of us are saving our money; according to CNN, 28% of Americans have no emergency savings. That means if some unintended expense (think car repair or medical bill) occurs, you could have to take on debt to cover the cost! We say stop the “madness” of overspending and get your finances on track. This month’s newsletter focuses on ways to cut your spending and build your savings.

As always, if you have questions, comments, or suggestions, please feel free to e-mail us at successfulstart@bc.edu.