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- create a budget of $20 to spend on breakfast foods/drinks a month
- buy my own products to make coffee or protein shakes at home
- wake up 30 minutes earlier
- take out the extra $30 a months into a savings jar
- keep track of spendings with online banking
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- put $30 in savings the 1st of every month
- create a seperate savings account for money
- pick up more hours at work during the summers
- keep track of on deposits -- automatic funds transfer
- spend money on only what I NEED
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I want to save money for a new quality laptop for college.
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I want to save up money for an apartment
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I need to save at least $950 for a new laptop
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I need to save $1500 for a down payment and 1st months rent of an apartment
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I'm going to spend $30 less a month on coffee and protein shakes.
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I'm going to put $35 into my savings a account each month.
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Trade Off: saving more money a month instead of buying 'quick&easy' breakfast everyday Opportunity Cost: the convenience of 'grab n go'
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Trade off: putting money into savings every month for an apartment in the future
Opportunity Cost: Not being able to spend as much $$ with what I want. -
the date I plan on having this money by
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date by which I should complete my goal