FinancialSmarts at UMBC is a great partner to students saving and budgeting for study abroad! Below are some key resources, however there are many more listed on the FinancialSmarts homepage. The key to budgeting and saving is to start early! The earlier you start, the easier it will be to achieve your goal without changing your lifestyle dramatically.

Budgeting Tips & Tools

  • Track your monthly expenses 
  • 50/30/20 rule 
  • OneClass Budget Template
  • CashClips: Creating a Budget

Savings Tips & Tools

  • Identify your budget essentials
  • Cut back on unnecessary expenses
  • Revisit your budget regularly 
  • CashClips: Savings Accounts