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Student Money Management: Saving on a Budget


Savings can help you achieve any financial goal. Whether it is for tuition purposes, college books, a down payment for a house, or a new car or phone, you can get there by setting money aside.

With a little forethought and effort, saving money can be easy!


Pay Yourself First!

You are probably inclined to pay everyone else first - your college or your landlord or your grocer or the electric company.  But it's vital to start paying yourself first by saving money. Once you've made a contribution to your financial longevity and well-being, then you can divide up your money to cover everything else. 

When you have income coming in each month, put $5, $10 or $20 aside because a little money here and there goes a long way. 


  1. Build An Emergency Fund

  2. Unplanned Expenses

  3. Avoid Payday Loans & Unwanted Debt

  4. Funds for Trips, Entertainment, Etc


Find Money To Save

While it may seem difficult sometimes just to make ends meet, chances are you have extra money you didn’t even know about. Here are some ways to find it:

  • Keep track of everything you spend for a week. Save your receipts or track your spending through the budgeting app like Mint. You might be surprised what you’re buying, and what you can do without. 
  • Make purchases with cash. This can help you stick to a budget and avoid impulse purchases. Simply decide ahead of time how much you want to spend and then set aside that amount in cash before you go shopping.
  • Lower your bills. Many creditors will give borrowers a lower interest rate if they’re asked. Also, conserving electricity and gas can make a big difference.
  • Rank your nonessential expenses. Keep the ones you like the best and cut the items on the bottom of the list.
  • Pack a lunch. Or cook more dinners at home. Eating out at restaurants can eat up a lot of money that could be saved.

--- Other Ways To Save ---


1. Increase your income

  • Increase work hours
  • Find job with more pay

2. Decrease your expenses

  • Groceries, Gas, Entertainment, Etc
  • Cell Phone Bill
  • Car Insurance

3. Small Automatic Savings (Put in separate accounts)
4. Save change in a jar

UTA Student Discount

​Maverick Discount Program
– 10% Minimum discounts thru local businesses
– Automotive, travel/entertainment, personal care, restaurants, retail, hotel, “limited time offers”
– Must show Maverick ID

Savings thru Apps/Tools

APPS/TOOLS (iPhone & Android) 

  • MINT– Allows you to track, budget, and manage your money for free all in one place.
  • Saving Star – Offers digital coupons for over 24,000 participating stores. There is nothing to clip or print. Offers can be worth $5 and more.
  • Gas Buddy – Use this app to find the closest and cheapest gas prices in your area.
  • Walmart Savings Catcher – If a competitor advertises a special deal for a lower price, they will give you the difference.

Resources/Links For Savings