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Budgeting as a College Student Presented by: Dustin Chang & Angie C. $ $

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Presentation on theme: "Budgeting as a College Student Presented by: Dustin Chang & Angie C. $ $"— Presentation transcript:

1 Budgeting as a College Student Presented by: Dustin Chang & Angie C. $ $

2 Meet Your Hosts! Dustin Chang University of California, Irvine 3 rd Year Criminology Major Fun Fact: I like basketball #ballislife

3 Meet Your Hosts! Angelina Chanthanouvong University of California, Irvine 4 th Year Education Sciences & Social Ecology Major Fun Fact: I really love puns!

4 Meet Your Hosts! Together, we will help you save MONEY! $ $ $ $ $ $

5 Our Qualifications for this Workshop College Students Have Struggled to Save Money Was able to decrease my spending by A LOT

6 LET’S GET SAVING!!! $$$$$$$$

7 SURVEY POLL: ON AVERAGE, HOW MUCH DO YOU SPEND A WEEK? http://strawpoll.me/6895319

8 Money & Food: Let’s Compare! Example: Pasta Dinner Eating Out: ~$9-11 per meal Cooking @ Home: Pasta Sauce - $3.50 jar Spaghetti – $2/pack Ground Meat - $5-7/pack TOTAL: $10.50 for multiple meals SAME THING, DIFFERENT COST!

9 How to Save Money With Food Buy groceries for the week – saves time and money! Buy things in bulk – MEAL PREPPING! Buy a lot of easy to fry, broil items (chicken, eggs, etc) On the go types of means (PB&J, sandwiches, bagels, snacks, etc)

10 How to Save Money With Food NOTE: Food spending is second to rent!

11 Weekend Spending

12 So I Can’t Go Out and Spend On Weekends….?

13 Saving Money on the Weekends Saving money DOES NOT mean that you can’t have a social life on the weekends! Setting limits and guidelines is key  it’s okay to say no! Turn going out into only a weekend thing – makes going out more special

14 Convenience versus Budgeting Busy college students = less time to budget  NOT TRUE! Allocate time on your weekends to prep meals and plan for the week ahead

15 Unconscious Spending (Especially in CKI!) Socials after every meeting Eating out after service projects District Events that may need a large amount at one time Etc, Etc, Etc… All of this adds up, but we might not be aware of this!

16 How to Become More Aware of Spending! THINK AHEAD! Allocate resources when you know the deadlines, especially for district events Set a limit for how much you want to spend a week at CKI events (Example: Setting aside $20 specifically for CKI a week) #GotoDCON #SaveForDCON #SaveForDistrictEvents

17 Saving Tips & Tricks Leave your wallet at home! Extreme couponing Create a Savings Account Set aside part of your paycheck Control Yohself – Stop buying on impulse! Think: Do I reallllly need this right now?

18 \ Questions and Follow-Up ????

19 \ Thank you for attending our Webinar! Contact Information: Dustin Chang – dustinac@uci.edu Angelina Chanthanouvong – achanthan.cki@gmail.com


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