In partnership with the Awards Office, the Centre for Student Academic Support (CSAS) will be hosting Budgeting 101 workshops throughout the fall 2017 term.
All workshops are held at CSAS, located on the fourth floor of MacOdrum Library. Registration is not required but you are asked to bring your student card or another piece id when attending.
|Monday, September 25||12:30 p.m. – 1:30 p.m.|
|Tuesday, October 3||11 a.m. – 12 p.m.|
|Monday, October 16||12:30 p.m. – 1:30 p.m.|
|Tuesday, November 7||11 a.m. – 12 p.m.|
|Monday, November 13||12:30 p.m. – 1:30 p.m.|
|Wednesday, November 22||10 a.m. – 11 a.m.|
There are three main reasons to budget:
- Prioritize Your Expenses
Preparing a budget forces you to consider your expenses in light of your income, and make rational decisions about how best to spend what you have. It helps you distinguish between your “needs” and your “wants”. Having a budget and sticking to it will ensure your most important expenses, such as rent, groceries, medical/dental bills, laundry, textbooks, and tuition fees, get paid before those that are less important.
- Stretch Your Resources
Many University students face the particular challenge of managing a mixture of up-front educational expenses (e.g. tuition, books) with monthly expenses (e.g. rent, groceries). They then also have a mixture of upfront funding (e.g. OSAP) and monthly income (e.g. Part-time job, family assistance). Making a budget will ensure you have a plan to cover your upfront educational expenses and stretch the remainder of your funding throughout the academic year.
- Reduce Stress
Preparing and sticking to a budget will eliminate the potential financial stress that could obstruct focus on your studies.
Our workshop focuses on the strategies and tools to achieve these three goals. Students are provided with Budget worksheets to follow along using their own numbers.
While you wait for the first workshop on September 25, why not head over to our online budgeting resources page?