As Maslow suggests, if we think of each level as a base upon which the next level can be built, the first thing that needs attention is physiological need. These are the basics – food, water, shelter, clothes – the essential things without which people can’t function.
From a financial perspective, it means we need to put our money first into satisfying this need first. For example, Do I have enough money for rent? For food? Can I make ends meet to cover these basics?
If the answer to this question is no, some further serious questions need to be asked. Is there room to either cut back expenses or increase money coming in? Check out our budgeting tips.
The Financial Aid and Awards Office can help you assess your budget and discuss with you where changes can be made. Please email our office at firstname.lastname@example.org for an appointment with an advisor.