1. Finances: How to Budget Needs vs. Wants Developed for the Department of Housing & Residential Education

2. What is the bottom line? Partnership between students and staff at Carolina to teach Tar Heels how to take care of their money. How did b-line start? Thanks to Scholarships & Student Aid for creating Financial Management Guide for College students. http://studentaid.unc.edu

3. DISCLAIMER The presenter is making every effort to provide factual and useful information and this seminar is designed for general financial information not financial planning or legal advice.

4. Session Outline Steps to understanding cash flow: – Spending – Budgeting – Tips!

5. Spending – Assess Your Habits How do you spend your money? – Needs? – Wants?

6. Budgeting – Strike a Balance Create a finance notebook Track spending and income

7. Budgeting – Goal Setting Set spending limits and savings goals Be realistic!

8. Tips! Choose alternatives Use cash Don’t be tempted by sales Source: LaMar, 2010-11

9. More Tips! Plan ahead – especially for fun! Tell your friends you’re trying to save Source: LaMar, 2010-11

10. Resources CashCourse – http://www.cashcourse.org/unc http://www.cashcourse.org/unc Office of Scholarship and Student Aid – http://studentaid.unc.edu http://studentaid.unc.edu Financial Management for College Students: The UNC-Chapel Hill Student’s Guide to Wise Financial Management – https://studentaid.unc.edu/referencedocs/financial_literacy.pdf https://studentaid.unc.edu/referencedocs/financial_literacy.pdf