FUN $$$
WHAT DO YOU USE FUN$ FOR?
MOVIE THEATER
ENTERTAINMENT
EATING OUT
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This is the money you pay to attend college.
What is tuition?
What is the monthly payment made to reside in an apartment?
What is rent?
This monthly expense helps pay for damage or accidents involving your car.
What is car insurance?
Which is least expensive; a meal plan or paying for groceries?
Paying for groceries
What is the minimum amount of fun money per semester a student should have?
$1000
Students often need to budget for these materials in addition to tuition. These materials are used for class
What are books?
True or false: Housing is typically the most highest expense for a college student.
True
If you don’t own a car, you may use this type of transportation to get around your city.
What is public transportation?
What other category can spending on eating out apply to?
Fun Money$$$
Is it beneficial to budget your fun money?
Absolutely
What types of classes are included in tuition?
Reuqired classes and labs
What is the least expensive housing route?
Living at home
This transportation expense is usually the largest cost if you’re financing a vehicle.
What is a car payment?
What is typically the least expensive way to spend on food?
Cooking at home
Fun money does not include your needs but includes your “____”.
What are “wants”?
What are options that can help reduce the amount you pay for your education?
Student loans, grants, scholarships
What is the numerical difference between living in a dorm and renting an apartment?
$400
What expenses are involved when having a car (on and off campus)?
Parking, gas, car payment (possible), car insurance (possible)
True or false: Commuters do not spend money on food.
False
What tool helps to prevent overspending?
What is a budget?
What is the amount of tuition and books together?
If you were to live in a dorm for your 4 years of college, how much would it equal?
$40,000
What is the estimated amount for UIC parking for 4 years?
$3400
What is the numerical difference between a meal plan and paying for groceries?
$2,800