Budgeting For College Webinar

presented by UOPX & GOALSETTER

The art and science of effective budgeting.

About the Budgeting For College Webinar

Take control of your finances and invest in your future with this free webinar from University of Phoenix. This session offers practical personal budgeting tips to help you save smarter and pursue  your educational goals. Featuring insights from Goalsetter founder and CEO Tonya Van Court. You'll gain actionable strategies to manage money, reduce financial stress and prepare for college expenses.

Why Budgeting for College Is Crucial

  • Understanding the financial challenges faced by college students
  • The benefits of having a budget for financial success and academic preparedness
  • How budgeting can help avoid student debt

Steps to Create an Effective College Budget

  • Identifying all sources of income, including part-time jobs and financial aid
  • Listing essential and discretionary expenses
  • Creating a balanced budget that allows for savings and emergencies

Sample College Budget Template

  • Detailed breakdown of typical monthly income and expenses
  • Examples of variable and fixed costs in a college budget
  • How to customize the template for individual needs

Tools and Resources for Budgeting in College

  • Overview of budgeting apps and software that can simplify the process
  • Utilizing spreadsheets for tracking income and expenses
  • Campus resources for financial counseling and budgeting workshops

Tips for Saving Money While in College

  • Strategies for reducing everyday expenses, such as food and entertainment
  • Finding student discounts and deals on essential items
  • Importance of building an emergency fund

 

The following topics were covered in this webinar:

  • Importance of Budgeting: Ensures financial obligations are met, reduces stress and prepares for emergencies.
  • Creating a Budget: Prioritize expenses, project income and align spending with personal happiness and goals.
  • Sticking to a Budget: Map out goals, adjust lifestyle and avoid overspending by understanding personal financial behavior.
  • Budgeting Methods: Use envelope systems, 50/30/20 rule and free budgeting apps for effective financial management.
  • Managing Variable Income: Set conservative income expectations and align savings to buffer against income fluctuations.

Speakers

Chris Conway

Chris Conway
Director of Financial Education Initiatives and Repayment Management

Chris Conway is the Director of Financial Education Initiatives and Repayment Management at University of Phoenix.

Tanya Van Court

Tanya Van Court
Founder and CEO of Goalsetter
Goalsetter opens in new window

Tanya Van Court is the founder and CEO of Goalsetter.

Nolan Jeter

Nolan Jeter
Financial advisor at Edward Jones
Edward Jones opens in new window

Nolan Jeter is a financial advisor at Edward Jones.