For many college students, budgeting is a bad word. What is the harm in buying that extra Starbucks coffee, or eating out every night of the week? Off-Campus Life, or OCL, has events that share information about ways to save several times a year. In the most recent presentation, Mo’ Money, Less Problems, on February 15th in the Festival Highlands Room, OCL showed just how simple saving money can be for students.
Becca Evans, a senior WRTC major, and Emma Leonard, a junior intelligence analysis major, are Student Liaisons for OCL. Evans and Leonard explained why resisting the $6 coffees can help save you more than you’d think and how downloading certain apps is extremely helpful. Honey is an app that helps you save by finding online coupons, and the Red Laser app helps you save through price comparisons between businesses near you.
Putting aside a certain amount of money into your savings every month is a big tip that OCL shared during the presentation. “One reason for saving,” Leonard explained, “is so you can splurge later on.” Another more important reason for saving is to ensure you have money for any emergencies that could occur in the future.
“It definitely opened my eyes to how many resources are out there,” said Alex Taylor, a senior psychology major.
The budget workshop also included a game where nine people won gifts that are most commonly bought at the grocery store. A few of the miscellaneous items were: Dunkin’ Donuts Keurig coffee cups, a Swiffer mop, ramen, and even a blender. Those who matched the correct price to one of the options won the grocery item.
Marissa Rodes, a freshman sports and recreation management major, sat taking notes throughout OCL’s seminar. Although Rodes came for a Health 100 course requirement, she thought “it would be a good idea to go to a budgeting workshop.” Rodes is moving off campus next semester, like many others who attended, which is another reason the Off-Campus organization holds this event many times a year.
Throughout the presentation, those who are currently seniors were asked to raise their hands, showing that a large group had come to learn.
“Since I’m graduating this year, I figured it would be good to learn about how to manage my own money, rather than relying on my parents,” Taylor said.
Becoming financially independent is the main goal for most students once they graduate. OCL proved that learning about budgeting is not something that should be feared. This workshop allowed for everyone to take a step in the right direction and learn valuable information on how to plan for your financial future.