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Monthly Budget Analysis for Students

Monthly income totals $8,649 from wages of $304, scholarships/grants of $6,345, and student loans of $2,000. Monthly expenses include $485 for rent, $100 for food, $200 for car insurance, $80 for gas, $800 for vehicle maintenance, $3,344 for tuition and fees, $1,200 for books, $1,200 for school supplies, $10 for a parking pass, $150 for entertainment, $1,060 for memberships, and $100 for clothing, totaling $8,729. Subtracting total expenses from total income leaves $80 extra needed each month.

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0% found this document useful (0 votes)
92 views1 page

Monthly Budget Analysis for Students

Monthly income totals $8,649 from wages of $304, scholarships/grants of $6,345, and student loans of $2,000. Monthly expenses include $485 for rent, $100 for food, $200 for car insurance, $80 for gas, $800 for vehicle maintenance, $3,344 for tuition and fees, $1,200 for books, $1,200 for school supplies, $10 for a parking pass, $150 for entertainment, $1,060 for memberships, and $100 for clothing, totaling $8,729. Subtracting total expenses from total income leaves $80 extra needed each month.

Uploaded by

api-532187335
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Advanced Composition

Post-Secondary Financial Plan


MONTHLY INCOME
Wages $304
Scholarships/Grants $6,345
Student Loans $2,000
TOTAL INCOME: $8,649
MONTHLY EXPENSES
Housing:
Rent (Apartment OR House)
Dorm
Living with Parents $485.00
Food:
Groceries
Meal Plan
Living with Parents $100.00
Transportation:
Car Payment $0.00
Car Insurance $200
Gasoline $80.00
Vehicle Maintenance $800
Education:
Tuition and Fees $3,344
Books $1,200
School Supplies $1,200
Parking Pass $10.00
Miscellaneous:
Entertainment $150
Memberships $1,060
Clothing $100

TOTAL EXPENSES: $8,729

Subtract Total Expenses from $ 8,649______________ - $ 8,729________________ = $


Total Income: (Income) (Expenses)
**********BOTTOM LINE**********
😊 Extra Money Remaining:
☹ Extra Money Needed: 80

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