www.uccs.edu/~moneymatters/
Budgeting helps with…
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Building an emergency fund
Relieving stress
Reaching personal and financial goals
Longer-term financial planning
Financial Literacy:
The ability to make informed and
effective financial decisions within
your means
Steps to creating a budget:
1. Track your spending and find where your money goes!
2. Needs vs. wants
3. Identify goals
4. Create a spending plan
Debts?
Or just simply
planning ahead
Need a car?
Minimize
debts?
Save for the
future?
Laptop for
school?
1) Search goodbudget.com
2) Click sign up
3) Enter info and click free account
1) Go to customize accounts
2) Import bank transactions
if applicable. Adding your
bank account is not necessary
to proceed.
1) Go to your online banking account
and import files.
2) Go to browse and choose a file
to upload
3) Click upload transactions
1) Fill Envelopes
2) Now it’s time to assign transactions
to your envelopes!
Budgeting Essentials
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Groceries
Gas
Rent
Utilities/cable/internet
Phone
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Car insurance
Loans/credit cards
Savings
Leisure
What else?
If you buy one $4 coffee
beverage every day, you will
be spending:
$28 per week
$120 a month
$1,460 a year
$7,300 over five years
You can reduce the amount
you pay for your monthly
data plan by logging into
UCCS wireless for free.
You can save up to 90% by
shopping at your local thrift
store.
Tricks of the trade
Steps to take
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Track your spending
Decipher your needs vs. wants
Identify your personal future
goals
Design your budget
Build an emergency plan
Plan long term
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Decrease discretionary spending
- Eat out less
- Utilize technology at school
- Create thrifty shopping habits
- Look for deals & student
discounts
- Don’t always buy NEW
products
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Budget with a WHY
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Live out your budget
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Spend on what’s important
Decide what’s enough
Save for big expenses
Say goodbye to guilt
Adapt along the way
Stick with it
What you can do better to save money and prepare
for the future
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See your blind spots
Prepare for post-graduation