MGMT100-Section Number

Workshop 8: Monthly College Budget

Kenisha Jacobs

Monthly
College Budget
january income:

january expenses:

$850

january cash flow:

$1,237

financial aid

room & board

wages (after-tax)

tuition & fees

-$387

books & supplies

family help

transportation

from savings

discretionary

other

other expenses

january cash flow:

CASH FLOW
jan

feb

mar

apr

may

jun

jul

aug

sep

oct

nov

dec

year

JAN Select First Budget Month

JAN

Monthly Cash After Expense

JAN

FEB

Cash Flow

-387

Cumulative Cash Flow

-387

MONTHLY INCOME
Financial aid (grants, scholarships, loans) paid to you

MAR

APR

MAY

JUN

JUL

-420

-440

-5,425

-2,997

-3,437

-8,862

JUN

JUL

AUG

SEP

OCT

NOV

-397

-397

-1,397

-783

-1,180

-2,577

-940

-1,100

-1,417

-3,184

JAN

FEB

MAR

APR

MAY

800

800

800

800

DEC

YEAR

% INC

-347 -15,850 (45.5%)

-9,802 -10,902 -12,319 -15,503 -15,850

AUG

SEP

OCT

NOV

DEC

800

800

800

800

YEAR

% INC

6,400

94.1%

After-tax wages from a job

0.0%

Financial help from family

50

50

50

50

50

50

50

50

400

5.9%

Withdrawals from savings

0.0%

Other (child support, public assistance, gifts, etc.)

0.0%

TOTAL INCOME

850

850

850

850

850

850

6,800 100.0%

MONTHLY EXPENSE

JAN

FEB

MAR

APR

MAY

294

294

294

794

100

Room & Board

Rent, mortgage, or dorm room
Food (groceries or meal plan)
Utilities (heat, water, electricity)
Tuition & Fees
Tuition you pay
Fees you pay

850

850

JUN

JUL

AUG

SEP

OCT

NOV

DEC

YEAR

% INC

100

5,085

100

294

294

3,111

294

11,054

23.8%

500

4,985

2,817

8,302

0.0%

294

294

294

294

100

100

100

100

294

294

294

294

2,752

23.8%

0.0%

5,064

51.2%

633

633

633

633

633

633

633

633

633

5,064

51.2%

0.0%

300

203

Books & Supplies

633

633

633

633

503

0.0%

300

300

0.0%

School supplies

203

203

0.0%

633

633

Textbooks

Transportation

633

0.0%

Gas, maintenance

0
-

0.0%

Vehicle payment

0.0%

Transit fares

0.0%

0.0%

3,230

21.0%

Travel at holidays
Discretionary
Savings
Cell phone, Internet, cable
Donations

260

270

270

270

270

290

290

290

270

290

240

220

0.0%

170

170

170

170

170

170

170

170

170

170

170

170

2,040

13.7%

0.0%

Snacks, dining out

40

40

40

40

40

60

60

60

80

100

60

40

660

3.2%

Clothes

40

40

40

40

40

40

40

40

320

3.2%

Entertainment (movies, dates, concerts)

10

20

20

20

20

20

20

20

20

20

10

10

210

0.8%

Other Expenses

50

50

50

550

50

50

50

250

550

50

50

2,800

4.0%

Insurance (car, health, renter's)

0.0%

Loan, credit card payment

500

200

500

1,000

2,200

0.0%

50

50

50

50

50

50

50

50

50

50

50

50

600

4.0%

420

440

Other
TOTAL EXPENSES

For Professor: Jahnnis Pitty Del Cid

1,237

1,247

1,247

2,247

October 27th, 2015

5,425

940

1,950

1,050

2,267

4,034

1,197 22,650 100.0%

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