{"id":247,"date":"2016-02-04T20:22:46","date_gmt":"2016-02-04T20:22:46","guid":{"rendered":"https:\/\/courses.candelalearning.com\/lumencollegesuccess\/?post_type=chapter&#038;p=247"},"modified":"2024-05-01T18:48:24","modified_gmt":"2024-05-01T18:48:24","slug":"budgeting-and-saving","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/chapter\/budgeting-and-saving\/","title":{"raw":"Introduction to Budgeting and Saving","rendered":"Introduction to Budgeting and Saving"},"content":{"raw":"<h2>What you'll learn to do: e<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore strategies for budgeting and saving while in college&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4482,&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:12507122},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;}\">xplore strategies for budgeting and saving while in college<\/span><\/h2>\r\n<a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5571\/2016\/02\/24035933\/fabian-blank-pElSkGRA2NU-unsplash.jpg\"><img class=\"aligncenter wp-image-4730 size-large\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5571\/2016\/02\/24035933\/fabian-blank-pElSkGRA2NU-unsplash-1024x683.jpg\" alt=\"decorative image\" width=\"1024\" height=\"683\" \/><\/a>\r\n<blockquote>A budget is telling your money where to go instead of wondering where it went.\r\n<p style=\"text-align: right;\">\u2014Dave Ramsey, financial author<\/p>\r\n<\/blockquote>\r\nBy the end of this section, you will be able to describe budgeting strategies and the pros and cons of budgeting. You will identify the steps necessary to create a personal budget and e<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore factors in financial savings for college students&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">xplore factors in financial savings for college students.<\/span>","rendered":"<h2>What you&#8217;ll learn to do: e<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore strategies for budgeting and saving while in college&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4482,&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:12507122},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;}\">xplore strategies for budgeting and saving while in college<\/span><\/h2>\n<p><a href=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5571\/2016\/02\/24035933\/fabian-blank-pElSkGRA2NU-unsplash.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4730 size-large\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5571\/2016\/02\/24035933\/fabian-blank-pElSkGRA2NU-unsplash-1024x683.jpg\" alt=\"decorative image\" width=\"1024\" height=\"683\" \/><\/a><\/p>\n<blockquote><p>A budget is telling your money where to go instead of wondering where it went.<\/p>\n<p style=\"text-align: right;\">\u2014Dave Ramsey, financial author<\/p>\n<\/blockquote>\n<p>By the end of this section, you will be able to describe budgeting strategies and the pros and cons of budgeting. You will identify the steps necessary to create a personal budget and e<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore factors in financial savings for college students&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">xplore factors in financial savings for college students.<\/span><\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-247\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Outcome: Budgeting and Saving. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li><strong>Authored by<\/strong>: Fabian Blank. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/unsplash.com\/photos\/pElSkGRA2NU\">https:\/\/unsplash.com\/photos\/pElSkGRA2NU<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/about\/cc0\">CC0: No Rights Reserved<\/a><\/em>. <strong>License Terms<\/strong>: Unsplash License<\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":277,"menu_order":12,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Outcome: Budgeting and Saving\",\"author\":\"\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"\",\"author\":\"Fabian Blank\",\"organization\":\"\",\"url\":\"https:\/\/unsplash.com\/photos\/pElSkGRA2NU\",\"project\":\"\",\"license\":\"cc0\",\"license_terms\":\"Unsplash License\"}]","CANDELA_OUTCOMES_GUID":"968a1d91-1d6d-4d7f-a8ed-07037add8177","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-247","chapter","type-chapter","status-publish","hentry"],"part":135,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/users\/277"}],"version-history":[{"count":22,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/247\/revisions"}],"predecessor-version":[{"id":7685,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/247\/revisions\/7685"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/parts\/135"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/247\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/media?parent=247"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapter-type?post=247"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/contributor?post=247"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/license?post=247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}