Budget worksheet

College Student (18-25) Budget Worksheet

Projected Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual
Monthly Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Annual Total Suggested Allocation
Income
Wages $3,460.00 $0.00
Gifts $0.00 $0.00
Allowance $0.00 $0.00
Financial aid $0.00 $0.00
Other $0.00 $0.00
TOTAL Income $3,460.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Expenses
School expenses
Tuition $0.00 $0.00
Fees $0.00 $0.00
Books $0.00 $0.00
Supplies $0.00 $0.00
TOTAL School expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Lodging & utilities
Mortgage/Rent $975.00 $0.00
Water bill $25.00 $0.00
Energy bill (gas and electric) $90.00 $0.00
Homeowners or renters insurance $120.00 $0.00
Other $0.00 $0.00
TOTAL Lodging & utilities $1,210.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 35%
Debts
Student loan payments $458.00 $0.00
Consumer debt payments (credit cards) $0.00 $0.00
Other $0.00 $0.00
TOTAL Debts $458.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 5%
Charitable giving
Faith organization $0.00 $0.00
Community organization $0.00 $0.00
Other $0.00 $0.00
TOTAL Charitable giving $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 10%
Transportation
Car payment $284.00 $0.00
Car insurance $135.00 $0.00
Gas $110.00 $0.00
Car maintenance/repairs $0.00 $0.00
Public transportation $0.00 $0.00
Parking $0.00 $0.00
Other $0.00 $0.00
TOTAL Transportation $529.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 13%
Communication
Cell phone monthly plan $20.00 $0.00
Internet $20.00 $0.00
Communication devices $0.00 $0.00
Cable TV $45.00 $0.00
 TOTAL Communication $85.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 5%
Entertainment
Movies $45.00 $0.00
mp3s/CDs $0.00 $0.00
Video games $60.00 $0.00
Concerts $0.00 $0.00
Eating out $60.00 $0.00
Going out with friends $50.00 $0.00
Entertaining friends $0.00 $0.00
Other $0.00 $0.00
TOTAL Entertainment $215.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 8%
Personal Expenses
Personal products $0.00 $0.00
Clothing $160.00 $0.00
Salon services $33.00 $0.00
Other $0.00 $0.00
TOTAL Personal Expenses $193.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 7%
Food/household expenses
Groceries $240.00 $0.00
Household goods $0.00 $0.00
Other $0.00 $0.00
TOTAL Food/household expenses $240.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 15%
Gifts
For friends $10.00 $0.00
For family $0.00 $0.00
TOTAL Gifts $10.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 3%
Medical expenses
Medical insurance $0.00 $0.00
Doctor co-pays $0.00 $0.00
Prescriptions $0.00 $0.00
Other $0.00 $0.00
TOTAL Medical expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 5%
Pet expenses
Veterinary expenses $0.00 $0.00
Food $0.00 $0.00
Boarding $0.00 $0.00
Other $0.00 $0.00
TOTAL Pet expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Up to 1%
TOTAL Expenses $2,940.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Savings
Long term goals
House $0.00 $0.00
Car $0.00 $0.00
Other $0.00 $0.00
TOTAL Long term goals $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Short term goals
Vacation $520.00 $0.00
Other $0.00 $0.00
TOTAL Short term goals $520.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
TOTAL Savings $520.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Approx. 8%
TOTAL BUDGET $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Projected Allocation Actual Allocation

35% 0%

13% 0%

0% 0%

15% 0%
2% 0%

6% 0%

6% 0%

7% 0%

0% 0%

0% 0%

0% 0%

15% 0%