Basic Budgeting
what is the first step to saving money?
creating a budget
this is a good way to avoid buying things you don't need at the grocery store/
Shopping list
you can rent these instead of buying them to save money.
textbooks
this is when you buy something that is slightly used to save money.
buying secondhand
This is the amount of money you earn from your job or allowance.
Income
it is cheaper to buy this type of food in bulk instead of single-serving packages
rice or cereal
some campuses have free events. what are these called?
student activities or events
you can save money by buying these items in bulk.
snacks or drinks
this is a good goal for how much money you should save each month.
10% of your income
these are usually cheaper than brand-name products at the grocery store.
Store brands
instead of paying for food at restaurants, you could use this to cook your own meals cheaply.
campus kitchen or dining hall
when you buy something for a discount during a special sale, what is that called?
a sale
it is important to track how much you spend on things like food, fun, and bills.
what is this called?
tracking your expenses
you can same money by buying food that is in season, like apples in the fall.
what is this called?
buying season produce
Mitchell College students can use this resource to save money on food
Cove Mariner Market
this is the best time to buy clothes for a discount, right after the holiday season, what is that called?
post-holiday sales?
What is the term for spending less than you earn?
Living within your means
instead of eating out, this is a cheaper way to eat?
eating at the dining hall
Mitchell College students can use this service for discounted access to gym memberships and wellness programs on campus
Yarnell
you can save money by shopping online and using these for extra discounts.
promo code or coupons