Tracking your expenses gives you a strong
sense of where your money goes and can help
you reach your financial goa******ls
Put y p g gg you in a
position to be
gin bud
getin
g and
saving money even while you are in school
•Know the basics of credit re
ports and credit
scores and put into practice simple habits that
will save you thousands of dollars over your
lifetime
•Give you easy tips to help decrease the overall
cost of your educational borrowing
•Understand loan repayment options
Discipline
• Thinking that it doesn’t matter
• P ti ti g Procrastinati
n
g
• Family or other will send me more money
• My birthday/holiday money will arrive soon
• My student loan check will take care of my
expenses
D t i b dg t t g i D
e
termine b
udg
et ca
t
e
gories
• Identify all sources and amounts of income
• Identify how dollars are spent today
• Calculate budget amounts
• Set goals and make adjustments
BENEFITS OF BUDGETING
´ Less reliance on credit
´ More buying power
´ B tt dit B
etter credit scores
´ Ability to obtain credit any time
´ Lower credit costs (prime rate)
