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Budgeting as a College Student Presented by: Dustin Chang & Angie C. $ $
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Meet Your Hosts! Dustin Chang University of California, Irvine 3 rd Year Criminology Major Fun Fact: I like basketball #ballislife
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Meet Your Hosts! Angelina Chanthanouvong University of California, Irvine 4 th Year Education Sciences & Social Ecology Major Fun Fact: I really love puns!
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Meet Your Hosts! Together, we will help you save MONEY! $ $ $ $ $ $
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Our Qualifications for this Workshop College Students Have Struggled to Save Money Was able to decrease my spending by A LOT
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LET’S GET SAVING!!! $$$$$$$$
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SURVEY POLL: ON AVERAGE, HOW MUCH DO YOU SPEND A WEEK? http://strawpoll.me/6895319
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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!
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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)
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How to Save Money With Food NOTE: Food spending is second to rent!
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Weekend Spending
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So I Can’t Go Out and Spend On Weekends….?
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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
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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
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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!
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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
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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?
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\ Questions and Follow-Up ????
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\ Thank you for attending our Webinar! Contact Information: Dustin Chang – dustinac@uci.edu Angelina Chanthanouvong – achanthan.cki@gmail.com
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